May 6, 2013 - AsiaNet-Pakistan

Archive for May 6th, 2013

Gold hit a high of $1,487.80 since April 15

May 6, 2013 | General Business News

Karachi, May 06, 2013 (PPI-OT): Gold steadied its highest level in more than two weeks on Monday, where It hit a high of $1,487.80 on Friday, its highest since April 15. This upward trend mainly supported by a cut in interest rates by the European Central Bank and the Fed’s decision to stick to its […]

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HTC and MOBILINK collaborate to launch ‘Butterfly’ in Pakistan

May 6, 2013 | Telecommunication

Lahore, May 06, 2013 (PPI-OT): HTC, in collaboration with Mobilink, has launched the android smart phone “Butterfly”. Butterfly will be distributed to market by Brigthex. Consumers will be able to enjoy various add-ons provided by Mobilink, including a 30 days exclusive bundle, 1 GB internet, as well as a pouch and protector. ‘Butterfly’ is the […]

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Acumen Fund announces First Energy Investment in Pakistan Hydropower project

May 6, 2013 | General Business News

Islamabad, May 06, 2013 (PPI-OT): Acumen, a pioneering non-profit global venture firm addressing poverty across Africa and in South Asia, today announced its first investment in the growing rural energy sector of Pakistan. Acumen is giving a loan of Rs. 86 Million to Aga Khan Rural Support Program (AKRSP) to support the creation of four […]

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SSGC urged to maintain proper Gas pressure at hub industries

Islamabad, May 06, 2013 (PPI-OT): Mr. Maqsood Ismail, President, Lasbela Chamber of Commerce and Industry has urged the Sui Southern Gas Company Limited, Karachi to properly maintain the Gas Pressure with proper quality for captive power generation for the industrial production. He pointed out that sometimes the gas pressure drops with low Chlorific to the […]

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Islamabad Chamber of Commerce and Industry signs MoU with Vehari Chamber of Commerce and Industry to assist in its Operations and Development

Islamabad, May 06, 2013 (PPI-OT): Islamabad Chamber of Commerce and Industry (ICCI) organized a luncheon meeting in honour of newly elected office bearers of Vehari Chamber of Commerce and Industry (VCCI). ICCI also signed a MoU with VCCI and assured all sorts of support and assistance to the newly formed Vehari Chamber of Commerce and […]

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General Sir David Richards calls on General Khalid Shameem Wynne

Rawalpindi, May 06, 2013 (PPI-OT): General Sir David Richards, Chief of Defence, United Kingdom, called on General Khalid Shameem Wynne, Chairman Joint Chiefs of Staff Committee. He remained with the Chairman for some time and discussed matters related to mutual interests. General Richards, who is on his fare well visit, applauded the sacrifices made by […]

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State Bank extends deadline for banks to submit textile industry’s mark up support claims to State Bank of Pakistan BSC offices

Karachi, May 06, 2013 (PPI-OT): The State Bank of Pakistan (SBP) has extended the deadline for all banks/DFIs to submit claims of textile exporters against Payment of Export Finance Mark-Up Rate Facility and Mark up Rate Support for Textile Sector against Long Term Loans from April 15, 2013 to May 20, 2013, according to a […]

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Pakistan Cricket Board condoles the death of veteran journalist Abbas Athar

May 6, 2013 | Government Institutions

Lahore, May 06, 2013 (PPI-OT): Chairman of the Pakistan Cricket Board Ch. Zaka Ashraf, Chief Operating Officer Subhan Ahmad and Director General Javed Miandad offered their heartfelt condolences over the sad demise of veteran journalist Mr Abbas Athar. Mr Abbas Athar, who fell to cancer, was Group Editor of Daily Express and a leading vernacular […]

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Golden Opportunity for the Companies to clear their backlog cases

Islamabad, May 06, 2013 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP), as a part of its eServices policy has introduced a mechanism for the companies to clear their backlog cases pending under ISSUE RESOLUTION. Cases pending under “Issue Resolution” category have been increasing day by day and currently, approximately 13,000 documents of companies […]

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Election Commission of Pakistan directs all District Returning Officers to entertain all complaints pertaining to establishment of polling stations by May 8

May 6, 2013 | Government Institutions

Islamabad, May 06, 2013 (PPI-OT): The Election Commission of Pakistan has directed all the District Returning Officers (DROs) to take up all the complaints pertaining to establishment of polling stations by May 8th, 2013 and issue corrigendum, where appropriate. It is pertinent to add here that as per decision of the ECP, the list of […]

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PM Condemns Kurram Agency Bomb Blast

Islamabad, May 06, 2013 (PPI-OT): Prime Minister Justice (R) Mir Hazar Khan Khoso has strongly condemned a bomb explosion in Kurram Agency (FATA) targeting a political meeting of JUI-F candidate Munir Orakzai, which resulted into the loss of precious human lives. Ainu d Din Shakir, a candidate (NA-37) was also injured in the attack. Expressing […]

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Governor Gilgit Baltistan called on Prime Minister

Islamabad, May 06, 2013 (PPI-OT): Pir Syed Karam Ali Shah, Governor Gilgit Baltistan called on Prime Minister Justice (R) Mir Hazar Khan Khoso at Prime Minister House this morning. While talking to Pir Syed Karam Ali Shah, the Prime Minister said that the care taker government is taking all possible steps to provide maximum relief […]

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