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Daily Archives: October 22, 2020

FPCCI Extends support to Economic outreach vision of Prime Minister Imran Khan Mian Anjum Nisar, President FPCCI

Karachi, October 22, 2020 (PPI-OT):Mian Anjum Nisar, President FPCCI presenting Crest to Dr. Moeed Yusuf, Special Assistant to the Prime Minister on national Security during his visit to Federation House Karachi. Also present are Sheikh Sultan Rehman, Khurram Ijaz, Zubair Baweja, Vice Presidents FPCCI, Khurram Sayeed, Zakaria Usman, Mian Shaukat Ahmed, Asim Ghani and others […]

The post FPCCI Extends support to Economic outreach vision of Prime Minister Imran Khan Mian Anjum Nisar, President FPCCI appeared first on AsiaNet-Pakistan.

Transparency International Pakistan condemns the efforts to pass Right of Access to Information (Amendment) Bill, 2020

Karachi, October 22, 2020 (PPI-OT):Transparency International Pakistan condemns the efforts to pass Right of Access to Information (Amendment) Bill, 2020, which has been moved as a private member bill in the Senate of Pakistan, declaring it unconstitutional, and against the interests of the people of Pakistan, and will cause serious damage to Pakistan efforts to […]

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Despite unprecedented economic challenges posed by COVID-19, ICI Pakistan Limited has maintained growth momentum with an increase in Profit after Tax by 6% and Earning per Share by 18%

Karachi, October 22, 2020 (PPI-OT):Following the meeting of the Board of Directors, ICI Pakistan Limited announced its financial results for the first quarter ended September 30, 2020. Financial Highlights On a consolidated basis (including the results of the Company’s subsidiaries: ICI Pakistan PowerGen Limited and NutriCo Morinaga (Pvt) Ltd), net turnover for the quarter under […]

The post Despite unprecedented economic challenges posed by COVID-19, ICI Pakistan Limited has maintained growth momentum with an increase in Profit after Tax by 6% and Earning per Share by 18% appeared first on AsiaNet-Pakistan.

JS Securities Limited – Pakistan Market: Technical Outlook (22-10-2020)

Karachi, October 22, 2020 (PPI-OT): KSE-100 index closed above the 50-DMA; ‘Positive’ The KSE-100 index showed positive movement to close at 41,536 (+579 points). Volumes stood at 661mn shares versus 493mn shares traded previously. The index has closed above the 50-DMA that will now restrict downside at 41,022. Meanwhile, a break above 41,613 (yesterday’s high) […]

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Gross premium in Pakistan less than 0.9 percent of GDP: Dr Murtaza Mughal

Islamabad, October 22, 2020 (PPI-OT):Federal Insurance Ombudsman Dr. Muhammad Khawar Jameel has said that insurance is a very import sector which provides risk coverage masses and businesses. Despite its importance the insurance penetration in Pakistan is dismally low due to lack of awareness while less than one percent of consumers take the pain to study […]

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PM to perform ground-breaking of Rawalpindi Ring Road soon: Chairman RDA

Islamabad, October 22, 2020 (PPI-OT):Tariq Mehmood Murtaza, Chairman Rawalpindi Development Authority (RDA) said that an amount of Rs.6.2 billion has been released for land acquisition of Rawalpindi Ring Road (R3) project and Prime Minister Imran Khan along with Chief Minister Punjab Usman Buzdar would soon perform the ground-breaking of this project of vital importance. He […]

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Handing over of project to WAPDA: WAPDA vows to construct K-IV in shortest possible time

Lahore, October 22, 2020 (PPI-OT):In the wake of handing over implementation responsibility of Greater Karachi Water Supply Scheme (K-IV) to Pakistan Water and Power Development Authority (WAPDA) by the Ministry of Planning Development and Special Initiatives, WAPDA Chairman Lt Gen Muzammil Hussain (R) today held a meeting with the stakeholders to find out a way […]

The post Handing over of project to WAPDA: WAPDA vows to construct K-IV in shortest possible time appeared first on AsiaNet-Pakistan.

Gulbuddin Hekmatyar condemns Atrocities in IIOJK

Islamabad, October 22, 2020 (PPI-OT):Former Afghan Prime Minister and leader of Hezb-e-Islami Gulbuddin Hekmatyar condemned atrocities in Indian Illegally Occupied Jammu and Kashmir (IIOJK). Speaking at the Institute of Policy Studies, Islamabad, he urged New Delhi to learn a lesson from the defeat of Soviet Union and NATO in Afghanistan. He said that Kashmir issue […]

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