Karachi, May 31, 2013 (PPI-OT): The listed cement sector posted combined NPAT of PkR27.6bn in 9MFYI3 vs. combined NPAT of PkR9.26bn in the same period last year, translating into a stellar 3x increase. According to AKD Securities this robust growth was mainly driven by 13%YoY improvement in average retail prices to PkR445/bag I 6%YoY growth […]
Karachi, May 31, 2013 (PPI-OT): Cement dispatches slide by 10% MoM in May-13 As per the provisional numbers (29 Days) available with us, cement dispatches for May-13 appear to suffer a 10% MoM decline to 2.8mn tons. According to Arif Habib Limited the drag mainly came from a massive 14% MoM drop in domestic sales […]
Lahore, May 31, 2013 (PPI-OT): Warid Telecom, leading innovator in Pakistan’s telecom industry, has updated its “Warid Advance Balance” service making it more convenient for its customers. Warid customers only need to subscribe to the Warid Advance Balance service and never run-out of balance. Now instead of sending the request to get the Advance every […]
Lahore, May 31, 2013 (PPI-OT): All Pakistan Paper Merchants Association (APPMA) has said that economic vision of Prime Minister in-waiting Mian Muhammad Nawaz Sharif would help bring economy back on its feet as his austerity plan is the need of hour. In a statement issued here Friday, leader of APPMA Businessman Group Khamis Saeed Butt, […]
Karachi, May 31, 2013 (PPI-OT): The rental power ships KARKEY KAYABAY, initially stationed at the outer anchorage of Port Qasim under NAB caution, and NEW HORIZON, stationed outside the outer anchorage area of Karachi Port due to court cases, were provided safe berthing within the port area of KPT. The vessel NEW HORIZON having 20 […]
Karachi, May 31, 2013 (PPI-OT): Ziarat’s Juniper Forest has been added to the World Network of Biosphere Reserves. The International Coordinating Council of UNESCO’s Man and the Biosphere Programme (MAB), which met in Paris this week, has added 12 sites to the World Network of Biosphere Reserves, bringing the number to 621 in 117 countries. […]
Lahore, May 31, 2013 (PPI-OT): The new five year business plan being developed by the Small and Medium Enterprises Development Authority (SMEDA) for sustainable development of the country will create 0.27 million new enterprises within next five years. It was disclosed SMEDA CEO Sardar Ahmad Nawaz Sukhera while giving a press briefing on today at […]
Lahore, May 31, 2013 (PPI-OT): Renowned businessman and Executive Committee Member Khamis Saeed Butt will perform as Acting Chairman of Pakistan Industrial and Traders Association Front (PIAF) since the Chairman PIAF Malik Tahir Javed has left on 20-day foreign business tour. Malik Tahir Javed during his foreign visit, would have business meetings with his counterparts […]
Islamabad, May 31, 2013 (PPI-OT): Area Study Centre for Europe (ASCE), University of Karachi (KU), organised a seminar on 28 May titled, ‘the European Union in the 21st Century: Achievements, Potential and Challenges’, to celebrates the Europe Day. The Vice Chancellor Karachi University Prof Dr Muhammad Qaiser, the Deputy Head of the European Union Delegation […]
Karachi, May 31, 2013 (PPI-OT): Sindh Governor Dr Ishrat Ul Ebad Khan has said that all political leaders will work with a unified vision to overcome the challenges being faced by the country including that of terrorism and extremism. The governor was talking to participants of Gunnery Officers Staff Course of Pakistan Army who called […]
Rawalpindi, May 31, 2013 (PPI-OT): Security forces in a successful operation have captured western heights of Maidan area of Khyber Agency. Security forces launched an operation in Para Chamkani area of Kurram and Maidan in Khyber Agencies last night. After tough resistance from terrorists security forces have established foothold on Mohammadi Top in Kurram Agency […]
Karachi, May 31, 2013 (PPI-OT): This is to inform you that a meeting of the Board of Directors of the Company called for today was held at 3.00 Pm at 1st Floor, Block # 02, Hockey Club of Pakistan Stadium Liaquat Barrack Karachi. However, the meeting in progress. You may please inform the members of […]
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