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PTCL makes Rs 2.8 billion profit in 1HFY12
Karachi: Pakistan Telecommunications Company Limited (PTCL) has gained net profit of Rs.2.84 billion in its half-year earnings made in 2011-12 for, showing a growth of 7% in revenue. Read More →
Samsung leads an IT Awards Ceremony
Karachi: Recently, the Head of HHP & IT at Samsung, Mr. Jyongil Chang was invited to chair an IT Awards Ceremony, organized by a prominent distributor of IT products in Pakistan – Decent Computers. The event was organized at the Liberty Castle in Lahore. Read More →
Isaf commander issues directive on handling of religious materials
Kabul: Gen. John R. Allen, commander of the International Security Assistance Force, today issued a new directive that all coalition forces in Afghanistan will complete training in the proper handling of religious materials no later than March 3. Read More →
Banking sector credit to private sector up 46.8% in 7MFY12
Karachi: Banking sector credit to private sector have shown improvement, as different commercial banks issued loans of Rs 252.456 billion to businessmen and industrialists as of February 12, State Bank of Pakistan (SBP) reported. Read More →
Boeing, PIA finalise order for five 777-300ERs
Karachi: Boeing [NYSE: BA] and Pakistan International Airlines today announced a firm order for five 777-300ER (extended range) airplanes. Valued at nearly $1.5 billion at list prices, the order also includes purchase rights to Pakistan International Airlines for five additional 777-300ERs. Read More →
PSO maintains its furnace oil supplies to power sector
Karachi: Pakistan State Oil (PSO) has continued supplies of Furnace Oil to power sector in a responsible manner despite it has been facing tough financial constraints on non-payments of dues. Read More →
Etihad Airways, Hala Abu Dhabi offer packages for Madonna concert goers
Karachi: Etihad Airways is the national airline of the United Arab Emirates, which is offering special packages during Madonna’s concert tour to Abu Dhabi. The world famous singer Madonna has recently made an announcement to bring her World Tour to Abu Dhabi’s Yas Arena on 3rd June, 2012. The...
PMEX announces first trades in Sugar Futures Contract
Karachi: Pakistan Mercantile Exchange Limited announced the commencement of trading in the Sugar Futures Contract this week. Trading started in the February contract. PMEX has currently three contracts at the months of March, April and May. Read More →
LG captures commercial display market with LED
Karachi: LG Electronics (LGE) participated in ISE (Integrated Systems Europe) 2012, the biggest commercial display show in Europe, held in Amsterdam, the Netherlands, for three days from January 31. During the show, LGE introduced its new commercial LED display devices to enhance its B2B marketing. Read More →
PIA to purchase five Boeing 777aircraft
Karachi: Boeing and Pakistan International Airlines announced a firm order for five 777-300ER (extended range) airplanes. Valued at nearly $1.5 billion at list prices, the order also includes purchase rights to Pakistan International Airlines for five additional 777-300ERs. Read More →
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