Islamabad, November 19, 2012 (PPI-OT): A Turkish delegation led by its Member National Assembly and Vice President of the Foreign Affairs Committee, Prof Dr.Muhammad Cetin visited Islamabad Chamber of Commerce and Industry (ICCI) to discussed ways and means to explore and create joint venture opportunities between the two countries. Prof …
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State Bank of Pakistan issues instructions to bring standardization in Islamic banking institutions Profit and Loss distribution policies
Karachi, November 19, 2012 (PPI-OT): The State Bank of Pakistan (SBP) has issued detailed instructions for Profit and Loss Distribution and Pool Management in State Bank of Pakistan (IBIs) in order to improve transparency and disclosures and bring standardization in IBIs’ profit and loss distribution policies and practices. With the …
Read More »14-member Delegation from Civil Services Academy visit Small and Medium Enterprises Development Authority
Lahore, November 19, 2012 (PPI-OT): A 14-member delegation from Civil Services Academy, comprising participants of 40th Common Training program for probationary officers, visited Small and Medium Enterprises Development Authority (SMEDA) head office today to have awareness on functions of the authority. Mr. Yousaf Naseem Khokhar, Chief Executive Officer, SMEDA presided …
Read More »Higher Education Commission and provincial Governments undertake collaborative efforts for improving college education
Islamabad, November 19, 2012 (PPI-OT): Under Tertiary Education Support Program (TESP) of World Bank, the Higher Education Commission HEC and provincial governments have decided to undertake collaborative steps for improving quality standards of college education in Pakistan. It was informed by Executive Director HEC, Prof. Dr. Sohail H. Naqvi while …
Read More »Ebad for merit as main induction criteria in police service
Karachi, November 19, 2012 (PPI-OT): Governor of Sindh, Dr. Ishrat Ul Ebad Khan has directed for introducing a new technical cadre in Police Service of the province and adopting merit as the main criterion for induction in this cadre. Chairing a high level meeting at the Governor House on Sunday, …
Read More »Faysal Bank Limited’s certificate on residual free reserves for the issue of bonus shares
Karachi, November 19, 2012 (PPI-OT): This refers to our letter dated October 30, 2012, we enclose herewith a certified copy of certificate on residual free reserves having reference No. C-0331 dated November 13, 2012 for the issue of Bonus Shares issued by Faysal Bank’s external Auditors, A.F. Ferguson and Company, …
Read More »Sui Southern Gas Company Limited’s extension for holding annual general meeting
Karachi, November 19, 2012 (PPI-OT): The Oil and Gas Regulatory Authority (OGRA) has despite the extended period not as yet passed the final determination with respect to the annual accounts of the Company for the FY 2011-12 so as to enable us to be able to place the accounts before …
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