October 25, 2012 - AsiaNet-Pakistan

Archive for October 25th, 2012

Rupee touches record low – Alfalah Securities Limited

[ 0 ] October 25, 2012 |

Karachi, October 25, 2012 (PPI-OT): The Pak Rupee has dropped to a record low of 95.77 against US dollar on Wednesday loosing 27 paisas in a day due to a sharp rise in the demand for US Dollar to meet import proceeds. According to Alfalah Securities Limited, the weakening of Pak Rupee is likely to […]

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AKD Quotidian about — PSO: 1QFY13 Result Preview

[ 0 ] October 25, 2012 |

Karachi, October 25, 2012 (PPI-OT): Pakistan State Oil is scheduled to announce its 1QFY13 result later today. According to AKD Securities expects the company to announce NPAT of PKR 2.83 billion against NPAT of PKR 2.48 billion in the same period last year. The result translates into EPS of PKR 13.72 against EPS of PKR […]

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Cement exports value rise in 1QFY13 – Alfalah Securities Limited

[ 0 ] October 25, 2012 |

Karachi, October 25, 2012 (PPI-OT): Cement exports value in USD have witnessed a growth of 42.35% amounting to USD 146.321 million during 1QFY13 as compared to the same period last year however the exports in terms of quantity recorded a drop of 12% YoY to 1,899,791 MT in 1QFY13, according to the data released by […]

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SC questions on CNG pricing formula – Alfalah Securities Limited

[ 0 ] October 25, 2012 |

Karachi, October 25, 2012 (PPI-OT): Supreme Court (SC) of Pakistan has sought explanation on the pricing formula determined by Oil and Gas Regulatory Authority (Ogra) under which the domestic CNG prices are linked with imported petrol on a weekly basis. According to Alfalah Securities Limited, in this regard, SC has issued notices to SNGP, SSGC […]

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Restoration of trading in Shares of Sakrand Sugar Mills with effect from November 5

[ 0 ] October 25, 2012 | General Business News

Lahore, October 25, 2012 (PPI-OT): It is hereby informed to all concerned that Sakrand Sugar Mills Limited has rectified the default of Listing Regulation No. 30(1)(g) .The ordinary shares of the Company have been declared eligible for book entry transactions by the Central Depository Company of Pakistan Limited with effect from November 05, 2012. Managing […]

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Pakistan Telecommunication Company introduces lowest International call rates

[ 0 ] October 25, 2012 | Telecommunication

Karachi, October 25, 2012 (PPI-OT): Pakistan Telecommunication Company Limited (PTCL) has introduced lowest international call rates for its landline customers. With this offer, PTCL customers can call at only Rs 1.25 per 30 seconds to over 20 international destinations. PTCL has decreased international calling tariffs to facilitate its customers so that they remain connected with […]

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French, German companies providing funds to Water and Power Development Authority for study and construction of hydropower projects

[ 0 ] October 25, 2012 | General Business News, Misc.

Lahore, October 25, 2012 (PPI-OT): The two European development agencies namely AFD of France and KFW of Germany have been providing funds to the Pakistan Water and Power Development Authority (WAPDA) for study and construction of four hydropower projects. These include the 35 (megawatt) MW-Harpo, the 122 MW-Keyal, the 40-MW Basho and the 32 MW-Trappi […]

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Karachi Chamber of Commerce and Industry urge recognition of real estate investment in economic development

[ 0 ] October 25, 2012 | Chambers of Commerce, Industries

Karachi, October 25, 2012 (PPI-OT): Karachi Chamber of Commerce and Industry’s President Muhammad Haroon Agar has emphasized to accord recognition to formal real estate investment in the process of economic development. While exchanging views with the delegation of Real Estate Business and Investment Club headed by its President Zahid Iqbal, he stated that real estate […]

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Significant business Opportunities exists between Pakistan and Afghanistan: Motiwala

Karachi, October 25, 2012 (PPI-OT): The mutual need to have stabilized “Afghanistan” especially in form of trading and economic partner was discussed in detail during a meeting of Mohammad Zubair Motiwala, President PAJCCI with H.E Jonathan T. Ward, Consul – Economic and Commercial Affairs. Mohammad Zubair Motiwala elaborated on PAJCCI – Pakistan Chapter visit to […]

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Islamabad Chamber of Commerce and Industry organise conference on Role of Private Sector in combating Corruption

[ 0 ] October 25, 2012 | Chambers of Commerce, Industries

Islamabad, October 25, 2012 (PPI-OT): Islamabad Chamber of Commerce and Industry (ICCI) organized a roundtable, titled “Role of Private Sector in Combating Corruption” in collaboration with Center for International Private Enterprise (CIPE). Representatives of various organizations were also present on the occasion. In his keynote address, Mr. Moin Fudda Country Director CIPE highlighted the role […]

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National Master Trainers-Faculty Professional Development Programme concludes

[ 0 ] October 25, 2012 | Government Institutions

Islamabad, October 25, 2012 (PPI-OT): 19th National Master Trainers-Faculty Professional Development Program (MT-FPDP) organized by Learning Innovation Division, Higher Education Commission (HEC) concluded here at HEC secretariat Islamabad. About 27 faculty members from 24 public and private sector universities across Pakistan were certified as Master Trainers. Senator Abdul Nabi Bangash, Chairman, Senate Standing Committee on […]

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Katas Raj Mandir complex is not only a religious heritage for Hindus but also a cultural heritage of Pakistan: Dr Paul Bhatti

[ 0 ] October 25, 2012 | Press Information Department

Islamabad, October 25, 2012 (PPI-OT): “Katas Raj Mandir (Temple) complex is not only a religious heritage for Hindu community in Pakistan but also a cultural heritage of Pakistan as well” Dr Paul Bhatti, Minister in Charge for the Ministry of National Harmony and Advisor to Prime Minister on interfaith-harmony said this while visiting the historic […]

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