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Rawalpindi, June 08, 2012 (PPI-OT): A simple but impressive book launching ceremony on Major Shabir Sharif Shaheed’s heroic life as military officer “What more can a solider desire” was held here in Rawalpindi today. Chief of Army Staff General Ashfaq Parvez Kayani was chief guest on this occasion. COAS while …
Read More »AKD Quotidian about — EFOODS valuation update
Karachi, June 08, 2012 (PPI-OT): AKD Securities has revisited AKD Securities’ investment case for EFOODS and have upgraded outlook by 14%-36% through AKD Securities’ forecast range. Earnings revision is underpinned by recent increase in dairy product prices. According to AKD Securities, furthermore, AKD Securities has also tweaked AKD Securities’ capex …
Read More »Foreign exchange Reserves drops by Dollar 469million – Alfalah Securities Limited
Karachi, June 08, 2012 (PPI-OT): Pakistan’s foreign exchange reserves have been witnessing a downward trend owing to hefty debt repayments and payments against commodity imports. According to Alfalah Securities Limited, Fx reserves have dropped by 2.93%WoW or USD 469 mn to USD 15.536 bn in the week ending May 31, …
Read More »Tax and payout reforms on cards to promote capital markets – Alfalah Securities Limited
Karachi, June 08, 2012 (PPI-OT): The Senate Standing Committee on Finance has recommended measures relating to providing more dividends to shareholders and offer tax incentives to enlist. According to Alfalah Securities Limited, it is recommended that listed companies with free reserves of more than 50% of its paid up capital …
Read More »National Bank of Pakistan launches home remittance services – Alfalah Securities Limited
Karachi, June 08, 2012 (PPI-OT): National Bank of Pakistan (NBP) has started “Foree cash” and “Foree transfer” home remittance services with Ria Financial Services, a wholly-owned subsidiary of Euro net World-wide, Inc. According to Alfalah Securities Limited, the partnership between Ria Financial Services and NBP would facilitate expatriate Pakistanis to …
Read More »Pakistan Telecommunication Company Limited win Rs.3.15 billion project of Universal Service Fund (to provide basic telephony and data services in Balochistan
Karachi, June 08, 2012 (PPI-OT): Pakistan Telecommunication Company Limited (PTCL) has won a Rs.3.15 billion project of Universal Service Fund (USF) to provide basic telephony and data services in Mastung District of Balochistan province. Through an open bidding process, PTCL has won the rights for the Rural Telecom Services Project. …
Read More »Bin Qasim Association of Trade and Industry delegation meets Governor Sindh
Karachi, June 08, 2012 (PPI-OT): A delegation of Bin Qasim Association of Trade and Industry, BQATI along with Mian Muhammed Ahmed, Patron in-Chief and Founder President of Bin Qasim Association of Trade and Industry (BQATI), Mr. Usman Ahmed President BQATI, along with Chairman of other business and trade associations met …
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