Islamabad, February 18, 2015 (PPI-OT): Islamabad Chamber of Commerce and Industry has signed a protocol of cooperation with Ankara Chamber of Commerce and Industry of Turkey to further improve commercial ties and promote bilateral trade between Pakistan and Turkey. Muzzamil Hussain Sabri, President, Islamabad Chamber of Commerce and Industry and President, Ankara Chamber of Commerce ...
Read More »Daily Archives: February 18, 2015
LCCI President for exchange of business delegations with Turkey
Lahore, February 18, 2015 (PPI-OT): Turkey is a time-tested friend and can play an important role in economic turnaround of Pakistan. In a statement issued here Wednesday, LCCI President Ijaz A. Mumtaz, who had also signed a Memorandum of Understanding (MoU) with his Turkish counterpart in the presence of Turkish Primer Ahmet Davutoglu and Prime ...
Read More »UNIDO in collaboration with SMEDA commences implementation on biomass energy project
Lahore, February 18, 2015 (PPI-OT): United Nations Industrial Development Organization (UNIDO) in collaboration with Small and Medium Enterprises Development Authority (SMEDA) has commenced implementation on a biomass energy project which is aimed at promoting market based adoption of Biomass Gasification Technology (BGT) for power generation and thermal applications. It was disclosed by Mr. Muhammad Alamgir ...
Read More »Business community of Sindh region will be supported in their problems, says Ikram Rajput
Karachi, February 18, 2015 (PPI-OT): The businessmen from Hyderabad and Kotri met the Vice President Muhammad Ikram Rajput and congratulate him on being the Incharge Sindh Region of FPCCI at FPCCI Head Office, Karachi. During the meeting they discussed various business related issues in the interior sindh particularly Sindh and Kotri. They informed that the ...
Read More »AKD Securities Limited – ENGRO: CY14 Result Review
Karachi, February 18, 2015 (PPI-OT): Engro Corporation Limited (ENGRO) announced NPAT of PkR7.80bn (EPS: PkR13.59) in CY14, lower by 6%YoY vs. NPAT of PkR8.32bn (EPS: PkR15.29) posted in the previous year. In 4QCY14, the company recorded NPAT of PkR2.64bn (fully diluted EPS: PkR5.07), up 32%QoQ against NPAT of PkR1.99bn (fully diluted EPS: PkR3.27) the company ...
Read More »AKD Securities Limited – Pakistan Market: Positive macros make for bullish case
Karachi, February 18, 2015 (PPI-OT): AKD Securities Limited projects headline inflation for Feb’15 to clock in at 3.92%YoY (-0.28%MoM), marginally higher than 3.88%YoY observed in Jan’15. In this regard, SPI data reflects that CPI will likely remain in check on the back of (i) slumping commodity prices and their effect on heavyweight food items and ...
Read More »Engro announces its year end results showcasing a strong performance in key businesses
Islamabad, February 18, 2015 (PPI-OT): Engro Corporation today announced its year end results showcasing a strong performance in key businesses. However, on a consolidated basis the stellar performance of fertilizer and commodity trading businesses were kept in check by a challenging business environment in its rice, polymer and foods businesses. Overall, Engro Corporation had another ...
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