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Category Archives: Business News

Finance Minister chairs meeting to review matters related to upcoming Pakistan-China Joint Cooperation Committee meetings and China-Pakistan Economic Corridor

Islamabad, December 23, 2016 (PPI-OT):The Finance Minister, Senator Mohammad Ishaq Dar, chaired a meeting here today to review matters related to the upcoming Pakistan-China Joint Cooperation Committee (JCC) meetings and CPEC. Secretary Planning, Development and Reforms briefed the Finance Minister on the implementation status of various projects under CPEC. Secretary Economic Affairs Division briefed the Minister on development assistance for ongoing and upcoming CPEC projects.

The Finance Minister appreciated the ongoing efforts of Planning Division, EAD, FBR and all other stakeholders to make CPEC a success. He said that CPEC will provide a major impetus to Pakistan’s economy and will enable higher, inclusive and sustainable economic growth. He urged all stakeholders to ensure timely and successful completion of various CPEC projects. He emphasized that all government ministries and departments who are involved in the implementation of CPEC should ensure effective coordination amongst each other. The meeting was attended by senior officials of the Ministry of Finance.

For more information, contact:
Principal Information Officer
Press Information Department (PID)
Tel: +92-51-9252323 and +92-51-9252324
Fax: +92-51-9252325 and +92-51-9252326

Gree AC Heating-Effect for winters in low price

Lahore, December 23, 2016 (PPI-OT):Gree is a globally leading enterprise of air-conditioners, distributed in the Pakistan market by DWP Group. Due to the dry and chilling winters experienced in Pakistan, Gree has the most reliable series of inverter air conditioners, enriched with heating-effect for winters. It ensures the coziest, comfortable and safe air conditioning to suit the country’s climate and environment.

By keeping in mind the need and high demand of inverter ACs’ for dual season, Gree has just announced that 1.5 ton inverter is now available in Rs69,900/- instead of Rs. 74,900/- and now customers can save up to Rs 5,000/-.

With a dry and often foggy winter approaching Pakistan, the customers tend to purchase heaters, to warm up their homes, whereby Gree’s unique inverter ACs will also heat-up the rooms in winters, besides promising great cooling during summers.

The built-in heater in the inverter air-conditioners performs far better than the conventional gas heaters and traditional burners, which pose serious risks and fire-hazards for the consumers’, threatening their safety and health. With the Gree inverter AC, consumers now get to enjoy fastest cooling and heating.

The Gree Officials stated that, “Gree promises to provide comfortable environment round the year by innovating latest technology”.

Being the pioneer innovator in air-conditioning technology – Gree is committed, never to compromise on the quality of its components. Gree Inverter air-conditioner proves to not only be the most economical product, but also the most user-friendly product, providing its customers with a very comfortable and cozy temperature.

For more information, contact:
Corporate Headquarter,
DWP Group
DWP House, 5 Zafar Ali Road, Gulberg V, Lahore, Pakistan
UAN: +92-42-111-184-184
Fax: +92-42-35756289

IGI Securities Limited – Investor Kit3

Karachi, December 20, 2016 (PPI-OT): International

China’s economic growth is expected to cool in 2017 as its top leaders flag tighter monetary policy and further curbs to clamp down on asset price bubbles, especially in the property market, even as a sharp drop in the yuan has fed fears of markets turmoil.

IGI Securities Limited – Investor Kit2

Karachi, December 20, 2016 (PPI-OT): Miscellaneous
Dutch company FrieslandCampina Pakistan BV (FC Pakistan) has completed its acquisition of a majority stake in Engro Foods at an estimated price of $446.81 million and the company is expected to bring i…