Karachi, June 13, 2013 (PPI-OT): Nokia and Warner Bros. Pictures have teamed up for a global co-marketing partnership with this summer’s eagerly anticipated, Man of Steel from Warner Bros. Pictures and Legendary Pictures. The association is aimed at bringing the Superman franchise even closer to movie enthusiasts through exclusive Man …
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Government’s budgetary measures for 2013-14 incorporate policy decisions to put economy back on track: Karachi Chamber of Commerce and Industry
Karachi, June 13, 2013 (PPI-OT): Karachi Chamber of Commerce and Industry (KCCI) in a press statement has stated that the new Government’s budgetary measures for 2013-14 incorporate the major policy decisions to put the economy back on track. KCCI believe 70 to 80 percent measures are business-friendly. The bold and …
Read More »Microsoft appoints Country Manager for Pakistan
Karachi, June 13, 2013 (PPI-OT): Amir Rao has been appointed as the Country Manager for Microsoft Pakistan. The appointment came into effect in January, 2013 and under this capacity, he will be responsible for managing Microsoft’s operations and driving future growth while building sustainable partnerships with the local IT sector …
Read More »Pakistani exporters learn opportunities to sell over 3,500 products duty-free in United States market
Islamabad, June 13, 2013 (PPI-OT): Pakistani exporters learned today about opportunities to sell over 3,500 products duty-free in the United States at a seminar jointly sponsored by the U.S. and Pakistani governments. Exporters from Peshawar, Karachi, Rawalpindi, Islamabad, and the Federally Administered Tribal Areas (FATA) participated in a video seminar …
Read More »Increase in Sales Tax rate would lead to inflation: Yasin Siddik
Karachi, June 13, 2013 (PPI-OT): Mr. M. Yasin Siddik, Chairman – APTMA Sindh Balochistan Region while commenting on the Federal Budget 2013-14 said that no relief was announced for industry. He said that the five leading export oriented sector including textiles were required to charge 2% non refundable sales tax …
Read More »First National Equities Limited’s approval of right shares
Karachi, June 13, 2013 (PPI-OT): We are pleased to inform you that the Securities and Exchange Commission of Pakistan vide their letter no. EMD/233/659/2004-1182 dated June 12, 2013 has wanted its approval for the issuance of 242% Right Shares of First National Equities Limited (FNEL) (“the Company”) at a discount …
Read More »Fauji Fertilizer Bin Qasim Limited’s acquisition of Askari Bank
Karachi, June 13, 2013 (PPI-OT): We would like to inform you that State Bank of Pakistan (SBP) has issued its approval for the acquisition of 71.9% of paid-up shares of Askari Bank Limited by the Consortium of Fauji Foundation (FE), Fauji Fertilizer Company limited (FFCL) and Fauji Fertilizer Bin Qasim …
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