Karachi, March 18, 2015 (PPI-OT): Backed by the Govt decision to reduce its GST (General Sales Tax) rate on petroleum products (barring HSD) in order to maintain prices coupled with the high base effect of CPI based inflation, AKD Securities Limited estimates headline inflation for Mar’15 to read at ~2.52%YoY (+ve 0.25%MoM). This compares favourably ...

Islamabad, March 18, 2015 (PPI-OT): Pakistan Telecommunication Company Limited (PTCL) has inked an agreement with NESPAK for deployment of PTCL infrastructure and provisioning of services in NESPAK housing society. The partnership shall enable residents of NESPAK housing society to experience the state-of-the-art telecommunications services of PTCL including Voice Telephony, Broadband Internet, SmartTV as well as ...

Karachi, March 18, 2015 (PPI-OT): Ambassador of Tajikistan, Sher Ali S. Jononov has asked the Karachi Chamber of Commerce and Industry (KCCI) to organize visit of a trade delegation to Tajikistan in order to explore trade and investment opportunities with a view to improve the existing trade volume between Pakistan and Tajikistan. Exchanging views with ...

Karachi, March 18, 2015 (PPI-OT): President FPCCI Mian Muhammad Idrees has appointed S. Khalid Tawab (Sitara-e-Imtiaz) as Chairman of FPCCI Standing Committee on Sales Tax and Inland Revenue for the year 2015 and advised him to keep close liaison with the concerned government authorities and businessmen in resolving sales tax related issues and also help ...

Karachi, March 18, 2015 (PPI-OT): Pakistani business community considers UAE as their second home which can be witnessed by frequent flights from Pakistan to UAE. This was stated by Abdul Rahim Janoo, Sr. Vice President FPCCI in a meeting with Khalid Bardan, Country Manager Emirates Airline who visited FPCCI to meet the office bearers and ...

Lahore, March 18, 2015 (PPI-OT): Honouring the contributions of the company towards community, Fauji Fertilizers celebrated FFC day on March 18th, 2015 with a view to promote public awareness regarding the FFC culture which stands for transparency, corporate governance, best business practices and its obligations towards the community and Pakistan as a whole. The event ...

Karachi, March 18, 2015 (PPI-OT): During first eight months of current fiscal year (Jul- Feb 2015) the banks have disbursed Rs 288.7 billion which is 57.8% of the overall annual target of Rs 500 billion and 32.3% higher than disbursement of Rs 218.3 billion made during the corresponding period last year. The outstanding portfolio of ...