Islamabad, October 30, 2014 (PPI-OT): Engro Corporation today announced its 3rd Quarter results where strong performance of its fertilizer businesses were kept in check by a challenging business environment in its rice, polymer and food businesses. On a consolidated basis, Engro Corporation recorded a 14% increase in revenue from PKR 107,764 million during the first ...

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Islamabad, October 30, 2014 (PPI-OT): Mr. BenoistBazin, Head of Section, Delegation of the European Union (EU) to Pakistan today inaugurated the EU funded “High Pressure Cogeneration for Sugar Sector in Pakistan (HP Cogen-Pak)” under the EU SWITCH ASIA Program. The Program will support the local sugar sector to upgrade towards high pressure boiler technology and ...

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Karachi, October 30, 2014 (PPI-OT): The commercial production from Thar coal fired power generation plant would be ready by June 2018, provided the financial closure is completed by March 2015, said the Chief Executive Officer of Sindh Engro Mining Company (SECMC) Shamsuddin Ahmed Sheikh. “We are the biggest investors in energy and coal mining with ...

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Islamabad, October 30, 2014 (PPI-OT): A new World Bank Group report finds that four of eight economies in South Asia implemented at least one regulatory reform making it easier for local entrepreneurs to do business in 2013/14. Three countries—Bangladesh, Nepal, and Pakistan—focused their efforts on adopting modern electronic systems to facilitate business activity. Doing Business ...

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Karachi, October 30, 2014 (PPI-OT): The Union of Small and Medium Enterprises (UNISAME) wishes to inform all SMEs that the provincial ombudsman in the provinces are providing speedy and inexpensive administrative justice to the people at their respective doorstep. President UNISAME Zulfikar Thaver felicitated Asad Ashraf Malik provincial ombudsman Sindh on his outstanding annual report ...

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Karachi, October 30, 2014 (PPI-OT): Name of the Fund Date Offer Repurchase NAV Market at a Glance (Rs) NBF NAV October 30, 2014 8.4404 Namco Income Fund (NIF) October 30, 2014 106.9032 106.9032 106.9032 For more information, contact: National Asset Management Company Limited (NAMCO) 19-C, Sunset Lane 6, South Park Avenue, Phase II Extension, Defense ...

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Karachi, October 30, 2014 (PPI-OT): Name of the Fund Date Sale Repurchase National Investment (Unit) Trust (NIUT) October 30, 2014 63.45 61.60 National Investment Trust – Income Fund (NIT-IF) October 30, 2014 10.7398 10.6335 National Investment Trust – Government Bond Fund (NIT-GBF) October 30, 2014 10.6517 10.5462 For more information, contact: National Investment Trust Limited ...

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