2015 February : AsiaNet-Pakistan

Archive for February, 2015

Tajikistan to export sizeable quantity of electricity to Pakistan to lessen intensity of energy crisis: Ambassador

February 27, 2015 | General Business News

Islamabad, February 27, 2015 (PPI-OT): Ambassador of Tajikistan Sher Ali Jononov on Friday said his country is preparing to export sizeable quantity of electricity to Pakistan to lessen the intensity of energy crisis which has compromised economic growth. He said that his country wants to enhance bilateral trade with Pakistan and invited business community to …

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Syrian Mazen Darwish named IPI World Press Freedom Hero

February 27, 2015 | General

 Lawyer, human rights defender detained since 2012  VIENNA, Feb 26, 2015 – The International Press Institute (IPI) today named as its 67thWorld Press Freedom Hero prominent Syrian lawyer and human rights defender Mazen Darwish, who has advocated for media freedom in his country for more than 10 years, and for the last three from behind […]

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Islamabad Stock Exchange Market Statistics Report Thursday February 26, 2015

February 26, 2015 | General Business News

Islamabad, February 26, 2015 (PPI-OT): MARKET TREND: Bullish COMPANIES TRADED: TOTAL PLUS MINUS EQUAL 152 68 -84 0 INDEX POSITION: INDEX Opening Closing Change ISE- 10 Index: 3946.94 3945.42 (1.52) IMI- 25 Index: INDEX Opening Closing Change 2047.59 2045.36 (2.23) TOTAL VOLUME: Previous Current Change 47,800 12,600 (35,200) VOLUME LEADERS: Company VOLUME of Shares P.I.A …

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Karachi Stock Exchange Stock Market Position on 26-02-2014

February 26, 2015 | General Business News

Karachi, February 26, 2015 (PPI-OT): DAILY STOCK MARKET REPORT Market Position Printed On FEB-26-2015 COMPANIES KSE KSE-30 KSE-100 KSE-ALLSHARES KMI-30 BATi OGTi POSITION INDICES INDEX INDEX INDEX INDEX INDEX INDEX Plus 149 Current 22027.35 33762.80 24155.52 54011.65 18119.30 17954.11 Minus 205 Previous 22110.89 33845.30 24129.72 54310.32 18243.52 17956.62 Unchanged 21 High 22238.68 33997.20 24232.42 54659.64 …

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Competition Commission of Pakistan approves acquisition of global vaccine business (excluding influenza business except in China) by GSK from Novartis

February 26, 2015 | General Business News

Islamabad, February 26, 2015 (PPI-OT): The Competition Commission of Pakistan (CCP) has approved acquisition of the global vaccines business (excluding influenza business except in China) of Novartis AG by GlaxoSmithKline (GSK) after concluding the Phase II review of the pre-merger application and receiving commitments to address competition concerns. CCP initiated the Phase II review of …

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M2 services introduces Media Audit in Pakistan – Powered by R3

February 26, 2015 | General Business News

Karachi, February 26, 2015 (PPI-OT): M2 has signed up an exclusive partnership agreement with R3 worldwide – The Global Experts in Agency Management Best Practices to introduce the globally acclaimed Media Audit process in Pakistan. M2 services are designed to bring transparency to the media investment process, explained Mr. Shazad Sikandar. We strongly believe that …

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6 million users access Facebook through Mobilink

February 26, 2015 | Telecommunication

Islamabad, February 26, 2015 (PPI-OT): Mobilink has announced that 6 million of its subscribers now use Facebook through one of the many social media friendly internet packages. Since the launch of 3G services in Pakistan, Mobilink has introduced affordable and youth centric internet packages which have resulted in an almost 90% growth in Mobilink’s Facebook …

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National Bank of Pakistan Board proposes final cash dividend of Rs.5.5 per share for year ended December 31, 2014

February 26, 2015 | General Business News

Karachi, February 26, 2015 (PPI-OT): The Board of Directors of National Bank of Pakistan in their meeting held on February 26, 2015 at the Bank’s Head Office Karachi approved the financial statements of the bank for the year ended December 31, 2014. The Board have proposed final cash dividend of Rs.5.5 per share (55%) for …

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Liquefied Petroleum Gas Association of Pakistan demands Government to take cognizance of import of low quality, spurious and adulterated LPG to avoid any untoward incident

February 26, 2015 | General Business News

Lahore, February 26, 2015 (PPI-OT): LPG Association of Pakistan (LPGAP) has demanded of the Government to take cognizance of the import of low quality, spurious and adulterated LPG to avoid any untoward incident. The Chairman LPGAP Mr. Farooq Iftikhar said that some unscrupulous importers are selling low quality and cheap LPG and playing with the …

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LG G3 and Google Cardboard bring Mobile Virtual Reality to Everyday Life

February 26, 2015 | General Business News

Karachi, February 26, 2015 (PPI-OT): LG Electronics (LG) and Google are making virtual reality (VR) more accessible to mainstream consumers. LG today announced a free VR for G3 giveaway for customers who purchase new LG G3 smartphones. LG’s VR for G3 works with Google Cardboard and enables G3 owners to experience a variety of VR-compatible …

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Industry has vehemently rejected National Assembly’s anti-industry and anti-nation act of extending legal protection to Gas Infrastructure Development Cess: Hamid A. Zahoor

February 26, 2015 | General Business News

Karachi, February 26, 2015 (PPI-OT): The industry has vehemently rejected the national assembly’s anti-industry and anti-nation act of extending legal protection to the Gas Infrastructure Development Cess (GIDC) to be recovered from the industrial sector in particular. As the National Assembly Standing Committee has approved the amended Gas Infrastructure Development Cess (GIDC) bill, 2014, to …

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Securities and Exchange Commission of Pakistan appoints prominent professionals on boards of the bourses

February 26, 2015 | General Business News

Islamabad, February 26, 2015 (PPI-OT): In accordance with its policy to strengthen and empower the frontline regulators and safeguard investors’ interests, the Securities and Exchange Commission of Pakistan (SECP) has initiated the process of overhauling the Boards of Directors of stock and mercantile exchanges to improve their effectiveness. In pursuance of this policy, the SECP …

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