October 18, 2012 - AsiaNet-Pakistan

Archive for October 18th, 2012

TBill yields eased in recent Auction – Alfalah Securities Limited

[ 0 ] October 18, 2012 |

Karachi, October 18, 2012 (PPI-OT): State Bank of Pakistan has conducted TBill auction on Wednesday in which PKR 477.67 billion worth of bids were received out of which PKR 182.03 billion were accepted. According to Alfalah Securities Limited, the cut-off yield of 3M paper decreased only slightly by 0.0908% to 9.6383%. The cut-off yields of […]

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Water and Power Development Authority Projects Vital for Federally Administered Tribal Areas Development

[ 0 ] October 18, 2012 | Misc.

Lahore, October 18, 2012 (PPI-OT): The Pakistan Water and Power Development Authority (WAPDA) Chairman Raghib Shah has said that the water sector projects are vital for socio-economic development in the country, particularly backward and remote regions such as Federally Administered Tribal Areas (FATA). He expressed these views in a meeting today with Khyber Pakhtunkhwa Governor […]

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National Bank of Pakistan has fastest growing overseas alliance bases for remittance

[ 0 ] October 18, 2012 | Government Institutions

Karachi, October 18, 2012 (PPI-OT): NBP has the fastest growing overseas correspondent base for home remittances. In just around two years time NBP has made alliances with almost all leading Financial Institutions/Money service Business providing remittance services, for facilitation of overseas Pakistanis across the globe. “NBP’s focus has always been the facilitation of overseas Pakistanis […]

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Drug Regulatory Authority of Pakistan says manufacturers in pharmaceutical industry given legal cover

[ 0 ] October 18, 2012 | Chambers of Commerce

Lahore, October 18, 2012 (PPI-OT): The Chief Executive Officer of Drug Regulatory Authority of Pakistan (DRAP) Arshad Farooq Fahim has said that all contract manufacturers in pharmaceutical industry has been given legal cover besides extending their validity till the announcement of new policy due on December 31, 2012. Arshad Farooq Fahim was addressing pharmaceutical manufacturers […]

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Pakistan decides to maintain negative list for imports from India – Alfalah Securities Limited

[ 0 ] October 18, 2012 | Brokerage

Karachi, October 18, 2012 (PPI-OT): Pakistan has decided to allow import of goods excluding the negative list from India through Wagha land route. According to Alfalah Securities Limited, the negative list is prepared to protect the local industries from the influx of products which may make the local producers noncompetitive.

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Fertilizer sector may be resumed gas supply – Alfalah Securities Limited

[ 0 ] October 18, 2012 | Brokerage

Karachi, October 18, 2012 (PPI-OT): The Ministry of Petroleum and Natural Resources has put up a proposal to Economic Coordination Committee to restart gas supply to the fertilizer industry as reported in the local newspaper. According to Alfalah Securities Limited, this decision would be taken to promote agriculture in the country and save foreign currency […]

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Etihad Airways named Official Airline of 4th Fashion Pakistan Week

[ 0 ] October 18, 2012 | General Business News

Lahore, October 18, 2012 (PPI-OT): Etihad Airways, the national airline of the United Arab Emirates, is named as the Official International Airline of the 4th Fashion Pakistan Week (FPW) for October 21st to 23rd at Pearl Continental Hotel, Karachi. Fashion Pakistan is the country’s pioneer and largest platform that provides a much-needed boost to its […]

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Pakistan Vanaspati Manufacturers Association says strike by Edible Oil Tankers Association is crippling industrial activities

[ 0 ] October 18, 2012 | General Business News

Islamabad, October 18, 2012 (PPI-OT): Pakistan Vanaspati Manufacturers Association (PVMA) on Thursday said violent strike by Edible Oil Tankers Association in Karachi is crippling industrial activities and pushing country towards food insecurity. Tankers association has started a strike since fifteen days to press for increased upcountry freight which is unjustified, Acting Chairman PVMA Atif Ikram […]

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23,000 Teachers Provided Training: Pir Mazhar

[ 0 ] October 18, 2012 | Government Institutions

Karachi, October 18, 2012 (PPI-OT): Senior Minister for Education and Literacy Pir Mazhar-ul-Haq has said that under a project of Sindh Education Department has provided training to 1025 Junior School Teachers, 20745 Primary School Teachers, 120 Principles 138 master trainers, 90 head masters and 180 faculty member. This he said while addressing a meeting with […]

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Indian Occupation of Jammu and Kashmir is due to its Army and black Laws: Fazlur Rahman

[ 0 ] October 18, 2012 | Government Institutions

Islamabad, October 18, 2012 (PPI-OT): Chairman Special Committee of the Parliament on Kashmir Maulana Fazl ur Rahman has said that Indian occupation in the state of Jammu and Kashmir is only because of its 800,000 security personnel as well as draconian laws enforce there. If India withdraws its army and black laws today tomorrow it […]

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Election Commission of Pakistan announce schedule for Bye Election in Constituency No. PP-226 Sahiwal-VII

[ 0 ] October 18, 2012 | Government Institutions

Islamabad, October 18, 2012 (PPI-OT):  The Election Commission of Pakistan has issued the following schedule for the remaining stages of Bye Election in Constituency No. PP-226 Sahiwal-VII of Provincial Assembly of Punjab, to elect a Member to fill the seat from the said Constituency, which has become vacant due to disqualification of Malik Iqbal Ahmed […]

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Austria keen to invest in Mega Hydel Power Projects in Pakistan

[ 0 ] October 18, 2012 | Government Institutions

Islamabad, October 18, 2012 (PPI-OT):  Ambassador of Austria to Pakistan H.E Mr.Axel Wech along with two member delegations called on the Federal Minister for Water and Power, Ch. Ahmed Mukhtar here today and discussed various matters of mutual interest and cooperation in the energy sector.   The Minister said that the government will well come […]

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