January 26, 2016 - AsiaNet-Pakistan

Archive for January 26th, 2016

New Malaria Test, illumigene® Malaria, Sets a New Gold Standard for Diagnosis

January 26, 2016 |

Meridian Bioscience Collaborates With the Centers for Disease Control and Prevention and Cheikh Anta Diop University of Dakar to Launch Diagnostic Test up to 80,000 Times More Sensitive Than Current Options CINCINNATI, Jan. 26, 2016 (GLOBE NEWSWIRE) — Meridian Bioscience, Inc. (NASDAQ:VIVO) today announced that it has received the CE Mark for illumigene® Malaria, a novel, highly […]

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Pakistani and Chinese sides to evolve strategic Information Technology sector collaboration through e-corridor

January 26, 2016 | General Business News

Islamabad, January 26, 2016 (PPI-OT): A high level Chinese delegation led by Mr. Yan Lijin Chairman, China Investment Promotion Centre called on Minister of State for IT Mrs. Anusha Rehman here in Islamabad today to discuss matters relating to collaboration between Pakistani and Chinese public and corporate sector stakeholders in the areas of innovation, IT …

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Chinese firms keen to invest in transport, water, irrigation, cement

January 26, 2016 | General Business News

Karachi, January 26, 2016 (PPI-OT): A high power Chinese delegation of Sino -Hydro and Power China Company called on Sindh Chief Minister Syed Qaim Ali Shah and showed their interest to install a coal-based power plant, cement factory, water project for Karachi and red line transport project worth over $ 4billion. The Chinese delegation comprises …

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Italy signs deal with All Pakistan Business Forum Pakistan for promotion of trade and investment between two countries

January 26, 2016 | General Business News

Lahore, January 26, 2016 (PPI-OT): During a ceremony held recently, the Embassy of Italy in Pakistan entered into a Memorandum of Understanding (MOU) with ‘All Pakistan Business Forum’ (APBF), aimed at the establishment and promotion of trade and Investment opportunities through mutual collaboration in the areas of common interests. The Italian Ambassador to Pakistan – …

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President Sindh Industrial Trading Estate Association inaugurates 13th International Trade and Industry Fair Asia 2016

January 26, 2016 | General Business News

Karachi, January 26, 2016 (PPI-OT):The 13th ITIF Asia 2016 incorporating 10th Power and Alternative Energy Asia, 12th Oil and Gas Asia, 13th Engineering Asia and 13th Auto and Transport Asia commenced from 26th January 2016 at Karachi expo centre. President S.I.T.E Association of Industry Junaid Esmail Makda inaugurated the event as the Honourable Chief Guest. …

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Huawei is future champ of technology world that is manufacturing high quality product

January 26, 2016 | General Business News

Lahore, January 26, 2016 (PPI-OT): Huawei is the future champ of the technology world that is manufacturing high quality product in a wide range to address all the segment of consumer market equally. Moreover Huawei is deeply concerned with the consumer basic issue like power. Subsequently Huawei has been manufacturing it battery with high storage …

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Bank Alfalah partners with 1Link for Local Point of Sale Switch

January 26, 2016 | General Business News

Karachi, January 26, 2016 (PPI-OT): Bank Alfalah, one of Pakistan’s leading banks, has recently signed an agreement with 1Link Guarantee Limited (1Link) for Local POS (point of sale) Switch in Pakistan. Under this agreement, over six million proprietary cards issued by 1Link Member Banks and JCB Cards will be accepted on Bank Alfalah’s POS terminals …

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Zong introduces 4G OPPO Handsets with discounts and bundles

January 26, 2016 | General Business News

Islamabad, January 26, 2016 (PPI-OT): Zong has announced the availability of various OPPO handsets for its customers with 4G features and connectivity. Zong said that these handsets will be available at company’s experience centres and service and sale centres. Details on Availability of Zong’s OPPO Handsets Initially, these handsets will be available at the Zong’s …

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Pakistan will have biggest Pavilion in Arab Health Exhibition in which thirty five companies will participate

January 26, 2016 | General Business News

Karachi, January 26, 2016 (PPI-OT): Pakistan will have biggest Pavilion in Arab Health Exhibition with thirty five (35) companies which will participate under the umbrella of Trade Development Authority of Pakistan (TDAP). Arab Health is a 4 day event being held from 25th to the 28th January 2016 at International Convention and Exhibition Centre in …

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Transaction of 1,222 shares of United Bank Limited

January 26, 2016 | General

Karachi: United Bank Limited informed Karachi Stock Exchange about transaction of shares of the company. 1,200 shares @ Rs. 146.00 per share were sold in the market on January 25, 2016 through CDC and 22 shares @ Rs. 141.00 per share were sold in the market on January 26, 2016 through CDC. United Bank Limited is incorporated in Pakistan and is engaged in the business of commercial banking and other related services. The foundations of the bank are developed under the Banking Companies Ordinance, 1962. The bank is responsible for accepting the deposits of money on current accounts and withdrawal by cheque, draft or order. The registered office of the bank is located at Islamabad. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The global depository receipts of the bank are on the list of the UK Listing Authority and the London Stock Exchange Professional Securities Market. The subsidiaries are located in Switzerland, UK and Tanzania. United Bank AG Zurich, UBL Funds Managers and United Executors and Trustees Company Limited are also the subsidiaries of the bank. The associate companies include UBL Insurers Limited and Oman United Exchange Company LLC. The products of the bank are UBL Click N Bank, UBL Tezraftaar, UBL Click N Remit, UBL Tezraftaar Account Services, NRP Direct and UBL Tezraftaar Pardes Card for the customers. The bank is also provides global remittance facilities to its customers. The symbol “UBL” is being used by the stock exchanges for the shares of United Bank Limited.

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Board meeting of Indus Motor Company Limited to be held on February 25, 2016

January 26, 2016 | Board Meetings

Karachi: Indus Motor Company Limited informed Karachi Stock Exchange that board of directors meeting of the company will be held on February 25, 2016 at Karachi. The agenda of the meeting is to consider accounts for half year ended December 31, 2015. Further, the Company has declared closed period from January 26, 2016 to February 25, 2016. Indus Motor Company Limited is a public limited company incorporated in 1989 in Pakistan. The commercial production by the company started in May 1993. The company operates as a joint venture between the House of Habib, Toyota Motor Corporation and Toyota Tsusho Corporation of Japan. The operations of the company include assembling, manufacturing and marketing of Toyota and Daihatsu brand automobiles for domestic consumption. The company deals in the production of passenger cars, SUV’s, four wheel drives and commercial vehicles. The company deals in the production of passenger cars, SUV’s, four wheel drives and commercial vehicles. The manufacturing facility is located in Port Qasim, Karachi. The registered office of the company is also located in Karachi. The stocks of the company are quoted on the Karachi, Islamabad and Lahore Stock Exchanges of Pakistan. The product is delivered nationwide through a strong network of 37 independent dealership spread across Pakistan. The workforce employed by the organization is more than 2000 workers. The production system of the company is built on application of Just-In-Time and Jidoka. The symbol “INDU” is being used by the stock exchange for the shares of Indus Motor Company Limited.

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Board meeting of National Refinery Limited to held on February 09, 2016

January 26, 2016 | Board Meetings

Karachi: National Refinery Limited informed Karachi Stock Exchange that board of directors meeting of the company scheduled to be held on January 28, 2016 has been rescheduled and will now be held on February 09, 2016 at Beirut, Lebanon. The agenda of the meeting is to consider un-audited financial statements (with statutory auditors’ limited scope review) for half year ended December 31, 2015 for declaration of any entitlement. Further, the Company has declared closed period from January 15, 2016 to February 09, 2016 (both days inclusive)

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