AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: Hubco is pleased to announce that at the meeting of its Board of Directors held in Karachi, have recommended a Final Dividend of Rs.3/- per share i.e. 30% for the year ended June 30, 2011. Today’s announcement is in addition to Rs.2.50 per share i.e. 25% interim dividend paid …
Read More »Prime Minister Gilani holds talks with Kazakh Leadership
Islamabad: Prime Minister of Pakistan, Syed Yousuf Raza Gilani, held talks here today with Kazakh President Mr. Nursulan and Prime Minister Karim Massimov, who were assisted by the Ministers, Deputy Ministers, political figures and senior officials of the relevant Ministries of the both countries. They also held one-on-one meeting. After …
Read More »Second Phase of Zulfiqarabad oil terminal
Karachi: District Coordination Office (DCO) Karachi Mohammad Hussain Syed said that construction of a modern oil terminal underway in Zulfiqarabad that would pave the way for shifting of oil tanker’s terminals outside the city. Addressing a meeting in DCO Camp Office on Tuesday, he said that the city government had …
Read More »JCR-VIS Upgrades Entity Ratings of Burj Bank Limited
Karachi: JCR-VIS Credit Rating Company Ltd. (JCR-VIS) has upgraded the entity ratings of Burj Bank Limited (formerly Dawood Islamic Bank Limited) (BBL) from ‘A-/A-2’ (Single A Minus /A-Two) to ‘A/A-2’ (Single A/A-Two) with a ‘Stable’ Outlook. In line with sponsors’ commitment to inject fresh capital into the institution by June …
Read More »National Disaster Management Authority Takes On the Floods
Islamabad: The recent deluge in the country has had a devastating effect on Sindh where vast areas of land have been inundated. The flood waters have taken horrendous toll of life and property. So far 88 people have perished, 80% of Banana, Dates, Chilli, Sugar Cane and Cotton crops have …
Read More »Karachi Electric Supply Company test fires 2nd turbine of the 560 MW Bin Qasim Power Station – II flagship project
Karachi: KESC has announced today that it has successful test fired on gas, the second gas turbine of its flagship 560 MW BQPS-II power project on. The base load test also went as per the plan, paving the way for a series of other tests. After the successful synchronization of …
Read More »Farzana Raja signs two vital Memorandums of Understanding with Chinese Organizations
Beijing: Federal Minister and Chairperson Benazir Income Support Programme (BISP), Madame Farzana Raja has signed two significant Memorandums of Understanding (MoUs) with Chinese organization working in the field of public welfare, education economy and energy. The first MoU, a bilateral agreement between BISP and China Culture Heritage Foundation has been …
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