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Daily Archives: September 9, 2016

Securities and Exchange Commission of Pakistan issues promotors’ guides in six international languages

Islamabad, September 09, 2016 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) has issued promotors’ guides in six international languages: English, Chinese, Turkish, Arabic, German and Persian. The step will encourage and facilitate foreign investment in the country. Available on the SECP’s website, the promotors’ guides provide comprehensive information regarding incorporation of a company in ...

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90% of Chain Convenience Stores in Japan Accept UnionPay Credit Cards

SHANGHAI, China, Sept. 9, 2016 /Xinhua-AsiaNet/– After all 7-11, Lawson, FamilyMart and Circle K Sunkus chain stores in Japan have accepted UnionPay cards, cardholders can now use UnionPay debit cards and credit cards at over 2,000 local MINISTOP convenience stores. This means that 90% of the chain convenience stores in Japan support payments with UnionPay […]

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Report: UnionPay Cards Support China’s Outbound Tourism

SHANGHAI, China, Sept. 8, 2016 /Xinhua-AsiaNet/– On September 8, UnionPay International and China Tourism Academy released the Annual Report on China’s Outbound Tourism (2016), stating that China’s outbound tourism has entered into a period of rational increase and will continue growing steadily in the next five to ten years. The Report notes that UnionPay cards […]

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Islamabad: September 8, 2016

Minister for National Health Services Saira Afzal Tarar said that widespread micronutrient deficiencies are major issue today, for our children to attain full potential and contribute optimally to the development of the country and It is my firm belief and also evidence suggests, where multi-sctoral approach has been adopted, nutrition situation has been improved significantly. While she was addressing the Launching Ceremony of Food Fortification Programme

She said Ministry of National Health Services has constituted a multi-stakeholder platform the National Fortification Alliance to strengthen coordination among different government departments, regulatory bodies, development partners and industry.

She said we have also expanded this alliance to provinces and its provincial chapters have also been constituted to support implementation of fortification interventions at province. She added that we have already an example of great success under this alliance where the Micronutrient Initiative, World Food Program and other stakeholders worked closely with the ministry to reduce iodine deficiency disorders through universal salt iodization.

She said Food fortification is an easy and cost effective solution to address deficiency of minerals and vitamins. We could reach population at large without making any change in the eating habits of our people. The fortification of wheat flour with iron and folic acid and Edible oil/ghee with vitamin A&D would help us reduce the hidden hunger from our population. Our women and children would be prevented from deficiencies of these essential micronutrients which are imperative for good health and nutrition.

She said Food Fortification Program has a great potential to support the improvement in the nutritional status of millions of Pakistani people, which currently is causing a loss of estimated 2-3% of GDP annually mainly because of less potential for work, low output and productivity for development. The Govt. has most recently announced tax exemption on premix, which is a great step towards a successful program of fortification in Pakistan.

Source: Ministry of Information, Broadcasting and National Heritage.

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Pakistan Stock Exchange Limited Closing Rate of PHARMACEUTICALS Dated 09-09-2016

Karachi, September 09, 2016 (PPI-OT): Company Name Turnover Prv.Rate Open Rate Highest Lowest Last Rate Diff. PHARMACEUTICALS ABOT Abbott Lab.XD 450 800.00 800.00 802.00 800.00 802.00 2.00 FEROZ Ferozsons (Lab) 65800 800.13 796.00 840.13 795.15 840.13 40.00 GLAXO GlaxoSmithKline 77700 220.47 218.80 221.90 218.20 218.67 -1.80 HINOON Highnoon (Lab) 10600 562.90 567.75 569.00 554.00 556.37 ...

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