Karachi, January 10, 2013 (PPI-OT): State Bank of Pakistan has accepted bids worth of PKR 208 billion mostly in 6M tenor in which SBP raised PKR 171 billion as against the total bids received worth of PKR 376 bn. According to Alfalah Securities Limited, the target was set at PKR …

Karachi, January 10, 2013 (PPI-OT): Karachi Stock Exchange (KSE) has placed nine companies on the defaulters list and directed these companies to pay their dues within 90 days, According to Alfalah Securities Limited, otherwise their shares trading would be suspended and might be put under compulsory buyback of shares. These …

Karachi, January 10, 2013 (PPI-OT): A delegation from IMF has stated that Pakistan is unlikely to achieve budgetary targets of revenue collection and gross domestic product (GDP) growth for the FY13 during the talks for biannual Post Programme Monitoring (PPM) of 2008 approved Stand-By-Arrangement (SBA). According to Alfalah Securities Limited, …

Islamabad, January 10, 2013 (PPI-OT): Mr. John Rice, Vice Chairman, General Electric Company accompanied by his delegation called on Federal Minister for Finance, Dr. Abdul Hafeez Shaikh here today. The Finance Minister informed the visiting delegation that conditions in Pakistan are quite conducive for foreign investment and invited General Electric …

Lahore, January 10, 2013 (PPI-OT): Today at the 2013 International Consumer Electronics Show (CES), Samsung Electronics Co., Ltd. unveiled Samsung’s Curved OLED TV, breaking the barrier of innovation in home entertainment. The OLED panel is curved, which provides depth to the content displayed for a more life-like viewing experience. Additionally, …

Islamabad, January 10, 2013 (PPI-OT): U.S. Ambassador Richard Olson affirmed that the United States will continue to support the development of Pakistan’s entrepreneurs, including through the U.S. Ambassador’s Fund, during a visit to the National University of Sciences and Technology’s (NUST) Technology Incubation Center in Islamabad today. “We all know …

Lahore, January 10, 2013 (PPI-OT): Mobilink Foundation has been awarded certification by the Pakistan Center of Philanthropy (PCP) in recognition of the Foundation’s excellence in executing large scale humanitarian and social development initiatives across Pakistan. Mobilink Foundation has become the first and only telecom industry CSR function to be awarded …