2012 November : AsiaNet-Pakistan

Archive for November, 2012

PM lifts ban on mobile number portability – Alfalah Securities Limited

[ 0 ] November 30, 2012 |

Karachi, November 30, 2012 (PPI-OT): Prime Minister has withdrawn the earlier restriction imposed on mobile number portability and also the mobile companies would continue to issue SIM cards from their own business and self operated centers as well as franchise centers after due verification from National Database and Registration Authority (Nadra). According to Alfalah Securities […]

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Morning Call about Advances, Deposits and Investments – Arif Habib Limited

[ 0 ] November 30, 2012 |

Karachi, November 30, 2012 (PPI-OT): SBP to decide banks’ fate: 5% or 6% PLS rate? Banks want SBP to reconsider the increment The SBP (State Bank of Pakistan) had imposed minimum rate of 5% on PKR/PLS saving accounts back in Jun’08 causing banking sector’s cost of deposit to go up from 4.2% to 5.2%, on […]

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Forex reserves declined to USD 13.5757 billion – Alfalah Securities Limited

[ 0 ] November 30, 2012 |

Karachi, November 30, 2012 (PPI-OT): Pakistan’s foreign exchange reserves have dropped by USD 238.5 million to USD 13.5757 billion during the week ended November 23, 2012 from USD 13.8142 billion in the previous week, according to the State Bank of Pakistan. According to Alfalah Securities Limited, Forex reserves held by the central bank decreased by […]

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Samsung and Tevta Sign deal to establish four labs

[ 0 ] November 30, 2012 | General Business News

Lahore, November 30, 2012 (PPI-OT): Samsung Electronics Co. Ltd., a global market leader and award-winning innovator, has signed an MOU (Memorandum of Understanding) with TEVTA (Technical Education and Vocational Training Authority) to establish four labs namely Mobile phone, Home appliances, Air conditioner/Refrigerator and Washing Machine/Microwaves in Lahore. This ‘hands-on’ lab training will enable students to […]

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Shariah Supervisory Board praise performance of Meezan Bank

[ 0 ] November 30, 2012 | Financial Services

Karachi, November 30, 2012 (PPI-OT): The 19th meeting of the Shariah Supervisory Board (SSB) of Meezan Bank was held at Darul Uloom Korangi, Karachi. The meeting was chaired by world-renowned Islamic scholar and Chairman of Meezan Bank’s Shariah Supervisory Board, Justice (R) Mufti Muhammad Taqi Usmani. Other members of the Shariah Board including Sheikh Essam […]

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Pakistan to participate in 3rd Kabaddi World Cup

[ 0 ] November 30, 2012 | Government Institutions

Islamabad, November 30, 2012 (PPI-OT): Meeting of the Selection Committee of Pakistan Kabaddi Federation took place at Jinnah Stadium Pakistan Sports Complex for Selection of Pakistan Kabaddi Team for participation in 3rd Kabaddi World Cup scheduled from December 1 to 15, 2012 at Punjab India. The selection committee chaired by Col. Qaiser Mustafa, selected following […]

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Islamabad Women’s Chamber of Commerce and Industry concerned over low gas pressure for domestic consumers

[ 0 ] November 30, 2012 | Chambers of Commerce, Industries

Islamabad, November 30, 2012 (PPI-OT): The Islamabad Women’s Chamber of Commerce and Industry (IWCCI) on Friday expressed concern over low gas pressure for domestic consumers. Daily life has been badly affected due to inconsistent gas pressure for the last four days which is unusual at this time, it said. Gas companies should look into the […]

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Karachi to Hyderabad Men’s Cycle Race to be held on December 2

[ 0 ] November 30, 2012 | Misc.

Karachi, November 30, 2012 (PPI-OT): A customary yet significant event of PCF’s calendar, ‘Karachi to Hyderabad, National Road Men’s Cycle Race’ is being organized on Sunday, December 2, 2012 that will be hosted by Sui Southern Gas Company Limited (SSGC). 9 teams, one each from Sindh, Punjab, Khyber Pakhtoonkuah, Balochistan, Islamabad, FATA, Pakistan Army, Pakistan […]

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Pakistan Industrial and Traders Associations Front terms Lahore High Court decision a milestone for economic revival of country

[ 0 ] November 30, 2012 | General Business News, Misc.

Lahore, November 30, 2012 (PPI-OT): Pakistan Industrial and Traders Associations Front (PIAF) Friday termed the LHC decision a milestone for the economic revival of the country. In a statement issued here, the PIAF Chairman Engineer Sohail Lashari said that the government should immediately start work on this mega project of national importance in the light […]

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Pakistan Under23 football team leaving for Sri Lanka on Saturday

[ 0 ] November 30, 2012 | Government Institutions

Lahore, November 30, 2012 (PPI-OT): Pakistan U23 football team is leaving for Sri Lanka on Saturday, December 1, 2012, through WY 328 at 1310 Hours PST from Allama Iqbal International Airport, Lahore to take part in H.E. Mahinda Rajapaksa International Football Tournament from 3rd to 9th Decmber-2012 at Nawalapitiya, Jayathilaka Stadium-Sri Lanka. This exposure of […]

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Lahore Chamber of Commerce and Industry welcome Lahore High Court’s decision on Kalabagh Dam

[ 0 ] November 30, 2012 | Chambers of Commerce

Lahore, November 30, 2012 (PPI-OT): The Lahore Chamber of Commerce and Industry Friday welcomed the Lahore High Court’s decision on Kalabagh Dam and termed it inevitable because of an acute shortage of energy, fast depleting irrigation water resources and frequent occurrence of floods in Indus basin. In a statement issued here, the LCCI President Farooq […]

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Bfz-Germany, Small and Medium Enterprises Development Authority has enabled 18 factories to save 22,000 MWH

[ 0 ] November 30, 2012 | General Business News, Misc.

Lahore, November 30, 2012 (PPI-OT): Project ESPIRE to be impliement by bfz-Germany, in collaboration with Small and Meium Enterprises Development Authority (SMEDA), has enabled 18 factories to save 22,000 MWH (Mega Watt Hours) per anum at its the initial stage in Pakistan. It has been clarified by SMEDA spoesperson with regard to a press conferenc […]

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