Karachi, August 28, 2012 (PPI-OT): The industry representatives have demanded of the Karachi Water and Sewerage Board (KWSB) high ups to execute the Rs38.4 million water pipeline project for Korangi’s Tannery Zone. In s statement, Patron In-Chief Korangi Association of Trade and Industry (KATI), S M Muneer, President All Karachi …

Karachi, August 28, 2012 (PPI-OT): Securities and Exchange Commission of Pakistan (SECP) has issued certificates of re-registration to Karachi, Lahore and Islamabad stock exchanges under the Stock Exchanges (Corporatization, Demutualization and Integration) Act, 2012 to change their status from “companies limited by guarantees” to “public companies limited by shares”. According …

Karachi, August 28, 2012 (PPI-OT): The government has unveiled the Petroleum Production and Exploration Policy 2012 in which the wellhead gas prices for Exploration and Production (E and P) companies have been raised from existing USD 4 per mmbtu to USD6.0 -USD 9.0 per mmbtu to attract more investment in …

Karachi, August 28, 2012 (PPI-OT): (Pakistan) Islamic Microfinance is getting appreciation by the whole world for alleviation of poverty and Muslim and non-Muslim Countries are utilizing it. Microfinance Institutions in Arab Countries are also providing Microfinance to Muslims which is in accordance with Islamic standards in order to get poor …

Karachi, August 28, 2012 (PPI-OT): India has agreed to provide 200mmcfd of Liquefied Natural Gas to Pakistan through Wagah border for a period of 5 to 7 years. According to Alfalah Securities Limited, pakistan and India would hold a meeting in this connection in September to finalize the transport of …

Peshawar, August 28, 2012 (PPI-OT): A team of the USAID Power Distribution Program visited Peshawar Electric Supply Company (PESCO) to discuss with PESCO’s CEO Brig. (Rtd) Tariq Saddozai and senior management USAID’s ongoing projects for the distribution company. The projects undertaken by the USAID Power Distribution Program for PESCO were …

Karachi, August 28, 2012 (PPI-OT): We have to inform you that the Board of Directors of our company in their meeting held on August 27, 2012 at 06:30 p.m. at 80-C, 24th Commercial Street, Off Khayaban-e-Ittehad, Phase II, Ext., DHA, Karachi, recommended the following: (i) Cash Dividend A Cash Dividend …