AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, January 02, 2013 (PPI-OT): Dec 12 CPI accelerated for the first time in seven months to clock in at 7.93%YoY vs, AKD Securities’ estimate of 7.77%YoY, depicting a 0.23%MoM increase. According to AKD Securities, this brings 1HFY13 CPI average to 8.33%YoY comfortably below to GoP’s FY13 target of 9.5%YoY. …
Read More »Daily Archives: January 2, 2013
Sales tax collection declines in December 2012 – Alfalah Securities Limited
Karachi, January 02, 2013 (PPI-OT): Federal Board of Revenue (FBR) has revealed that sales tax collection remained lower by 3.39% at PKR 68.197 billion in December 2012 as against PKR 70.586 billion in same period last fiscal year, as reported in the local newspaper. According to Alfalah Securities Limited, however, …
Read More »CPI Inflation at 7.93% in December – Alfalah Securities Limited
Karachi, January 02, 2013 (PPI-OT): Consumer Price Index (CPI) inflation YoY is reported to be at 7.93% in December 2012 as against 6.9% in November 2012 and 9.7% in December 2011. According to Alfalah Securities Limited, the inflation has inched higher as compared to the preceding month as a result …
Read More »SBP lowered export refinance rates – Alfalah Securities Limited
Karachi, January 02, 2013 (PPI-OT): State Bank of Pakistan (SBP) has reduced the rate of refinance under the Export Finance Scheme (EFS) by 0.2% to 8.3% p.a. applicable from January 1, 2013 where exporters will get the financing facility from bank at 9.3%. According to Alfalah Securities Limited, the service …
Read More »Samsung GALAXY Music DUOS smartphone – Inspires music lovers
Lahore, January 02, 2013 (PPI-OT): Samsung Electronics Ltd. the global leader in telecommunications and digital technology has now launched a new smartphone packed with premium music, games and multimedia features. The Samsung Galaxy Music Duos is designed to deliver premium sound quality and musical output, along with great connectivity in …
Read More »Russia extends keen interest in enhancing trade volume with Pakistan: Senior vice chairman, SITE Association of industry
Karachi, January 02, 2013 (PPI-OT): H.E. Andrey V. Demidov, Consul General, Consulate General of the Russian Federation at Karachi, visited S.I.T.E. Association of Industry wherein he was welcomed by Mr. Naseem Anwar, Senior Vice Chairman and Chairman, Int’l Relations, Diplomatic Affairs Sub-Committee, S.I.T.E. Association of Industry, alongwith the Members of …
Read More »Paper Merchants Association urges Chief Minister to stance on discrimination with Punjab in gas and electricity supply
Lahore, January 02, 2013 (PPI-OT): All Pakistan Paper Merchants Association (APPMA) has urged the Chief Minister Punjab Mian Muhammad Shahbaz Sharif to stance on discrimination with Punjab in gas and electricity supply. In a press statement issued here Wednesday, Vice President of All Pakistan Paper Merchants Association (APPMA) Khawaja Nadeem …
Read More »