AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Lahore: PACRA has assigned ranking to the following fund of Lakson Investment Limited based on performance for the period ended June 30, 2011 (trailing 12 months for normal star rankings and trailing 36 months for long term star rankings). Fund Category Star Ranking Short Long Term Term 1 Lakson …
Read More »Industrialists advised to pay water dues on old rates
Karachi: Business Recorder Logo the Karachi Chamber of Commerce and Industry (KCCI) advised all the industrialists to pay their water dues on old rates. Leader of Businessmen Group and Former President KCCI, Siraj Kasim Teli, discussed the water dues issue with Governor Sindh Dr Ishrat Ul Ebad Khan and on …
Read More »Jinnah power project 1st unit to be operational in December
Lahore: The 96 MW-Jinnah Hydropower Project is at the advanced stage of its completion. First unit will start its operation by the end of December this year. The full completion of the project is expected by the middle of 2012. On completion, the project will generate about 688 million units …
Read More »Cabinet Committee of Restructuring meets for Restructuring of Pakistan Steel Mills and Pakistan Railways
Islamabad: A meeting of Cabinet Committee of Restructuring (CCOR) held here today under the Chairmanship of Federal Minister for Finance and Economic Affairs Dr. Abdul Hafeez Shaikh to discuss various recommendations and improvements for working of Pakistan Steel Mills (PSM) and Pakistan Railways. A comprehensive presentation made by PSM’s official’s …
Read More »Karachi Electric Supply Company Limited Slams Transparency International Pakistan’s Allegations – Claims It Is Serving Vested Interests
Karachi: KESC has categorically rejected and denied all allegations levelled against it by Transparency International Pakistan (TIP) and has stated them to be mala fide, contemptuous and defamatory. KESC believes that Transparency International is an organization of global repute, but its Pakistan Chapter is unfortunately not only tarnishing the image …
Read More »Water and Power Development Authority to deploy tunnel boring machines for early completion of 969 MW-Neelum Jhelum Project
Lahore: Pakistan Water and Power Development Authority (WAPDA) has decided to deploy state-of-the-art tunnel boring machines (TBMs) for on-schedule completion of the strategically important 969 MW-Neelum Jhelum Hydropower Project. Deployment of TBMs on the project will reduce the construction period by about two years resulting in an estimated benefit of …
Read More »Deputy Secretary General of European External Action Service calls on Foreign Minister and meets Foreign Secretary
Islamabad: Foreign Minister Hina Rabbani Khar received Ms. Helga Schmid, Deputy Secretary General of the European External Action Service (EEAS) today. They discussed Pakistan-EU relations and important regional developments. 2. On Pakistan-EU relations, the Foreign Minister reaffirmed Pakistan’s keen desire to formally launch the bilateral strategic dialogue with a visit …
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