October 11, 2012 - AsiaNet-Pakistan

Archive for October 11th, 2012

Morning Buzz for October 11, 2012 – MR Securities

[ 0 ] October 11, 2012 |

Karachi, October 11, 2012 (PPI-OT): JULY-SEPTEMBER 2012: OVERSEAS PAKISTANI WORKERS REMIT $3.599 BILLION According to MR Securities, Overseas Pakistani workers remitted an amount of $3.599 billion in the first quarter of (July- September) of the current fiscal year 2012?13 (FY13), showing a growth of 9.16 percent or $301.91 million when compared with $3.297 billion received […]

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AKD Quotidian about — HUBC: Coming under minimum tax regime? Unlikely!

[ 0 ] October 11, 2012 |

Karachi, October 11, 2012 (PPI-OT): Negative news on the horizon for IPPs as the Ministry of Finance (MoF), Federal Board of Revenue (FBR) and Ministry of Water and Power will reportedly soon convene a meeting to determine the applicability of minimum tax on income of Independent Power Producers (IPPs) in the country, particular the Hub […]

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Car sales declines in 1QFY13 – Alfalah Securities Limited

[ 0 ] October 11, 2012 |

Karachi, October 11, 2012 (PPI-OT): Car sales including LCVs, vans and jeeps have declined to 30,541 units during 1Q FY13, down by 30%YoY as compared to 43,694 units during the same period last year, according to the data released by Pakistan Automotive Manufacturers Association (PAMA). According to Alfalah Securities Limited, during September, sales volume declined […]

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Remittances rising to USD 3.6 billion in 1QFY13 – Alfalah Securities Limited

[ 0 ] October 11, 2012 |

Karachi, October 11, 2012 (PPI-OT): Remittances by overseas Pakistani workers were recorded to increase by 9.16% to USD 3.599 billion in 1QFY13 as compared to USD 3.297 billion during the same period last year. According to Alfalah Securities Limited, the monthly average remittances during July-September quarter are USD 1,199.70 million as compared to USD 1,099.07 […]

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Gas supply suspended again to DH Fertilizer – Alfalah Securities Limited

[ 0 ] October 11, 2012 |

Karachi, October 11, 2012 (PPI-OT): As per KSE notice, the gas supply to DH Fertilizers Ltd. (DHFL) has been suspended by SNGP due to drop in gas pressure of about 70- 80 mmcfd from the Qadirpur gas field. According to Alfalah Securities Limited, SNGP has also informed that the problem will not be resolved quickly […]

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Settlement Guarantee Fund and Transfer of Risk Management to National Clearing Company will strengthen Default Management System of Brokers

[ 0 ] October 11, 2012 | General Business News

Islamabad, October 11, 2012 (PPI-OT): After the corporatization and demutualization of the Islamabad Stock Exchange (ISE), amendments are being made in the regulatory framework of the ISE. The focus has been given on revising criteria for TRE Certificate Holder/brokers and regulations relating to investor protection. National Clearing Company of Pakistan Limited (NCCPL) is responsible for […]

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Wi-tribe unveils its new ‘unlimited internet’ packages

[ 0 ] October 11, 2012 | General Business News

Karachi, October 11, 2012 (PPI-OT): With customers and quality service as top priorities, wi-tribe unveiled its new ‘unlimited internet’ packages on Thursday. With exciting and affordable new rates, customers can now stay connected, browse, download and do much more online for as low as Rs. 999 per month.* Alongside lowered rates for 512 Kbps and […]

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Samsung’s brand value achieves its historical growth figure of 40pc

[ 0 ] October 11, 2012 | General Business News

Lahore, October 11, 2012 (PPI-OT): Samsung Electronics is the global leader in telecommunications and digital technology. According to Inter-brand Valuation results released in October 2012, this award winning innovator has achieved the highest growth of 40% in its history and was ranked 9th with a brand value of US $32.9 billion. This is a great […]

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7th International Textile and Garment Machinery Exhibition IGATEX Pakistan starts at Lahore Expo Centre

[ 0 ] October 11, 2012 | General Business News

Karachi, October 11, 2012 (PPI-OT): IGATEX Pakistan is the largest and well established garment and textile machinery and accessories exhibitions in South Asia, the 7th edition of IGATEX Pakistan is organized by FAKT Exhibitions Private Limited opens at Expo Centre Lahore. IGATEX Pakistan is aimed to highlight the immense potential and investment opportunities of Textile […]

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International Business Machines announce streamlining the IT infrastructure and processes of Agri-auto Industries Limited

[ 0 ] October 11, 2012 | General Business News

Karachi, October 11, 2012 (PPI-OT): IBM Today announced it is streamlining the IT infrastructure and processes of Agriauto Industries Limited, one of the leading auto parts manufacturers in Pakistan. The moves will help Agriauto improve operational processes throughout the company as well as increase uptime as it extends its footprint across the country. Agriauto manufactures […]

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Etihad offers special discount for travellers to United States and Canada

[ 0 ] October 11, 2012 | General Business News

Lahore, October 11, 2012 (PPI-OT): Etihad Airways, the National airline of the United Arab Emirates, is offering a special discount for travelers flying to USA and Canada. In Economy, Customers can fly at an amazingly low fare of Rs. 70,150/- to New York, Rs. 103,190/- to Chicago and Rs. 84,209/- to Toronto from Karachi. From […]

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Qaim Ali Shah returns to Karachi from Chicago

[ 0 ] October 11, 2012 | Government Institutions

Karachi, October 11, 2012 (PPI-OT): Chief Minister Sindh Syed Qaim Ali Shah has arrived at Karachi after one week visit of Chicago (USA) today early in the morning on arrival at Quaid-e-Azam Muhammad Ali Jinnah International Airport, the Chief Minister Sindh was received by the Special Assistant to C.M Sindh Rashid Rabbani, Waqar Mehdi, Siddique […]

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