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News for Wednesday, 1 Jun 2011

In the memory of Manzoor Hayat Noon

Malik Manzoor Hayat Noon, 75, son of former Prime Minister Sir Malik Firoz Khan Noon, leading businessman and a member of a prominent political family, died in Karachi on the...

Govt notifies increase in power tariff

Ministry of Water and Power has issued the notification regarding increase in power tariff by 0.92 paisa per unit. The distribution companies would receive Rs 6 billon extra during the current...

UK secy visits Easypaisa outlet

Visiting United Kingdom Secretary of State for International Development Andrew Mitchell along with Deputy Governor State Bank Yaseen Anwar visited Tameer Microfinance Bank Limited and Telenor Pakistan’s easypaisa outlet in...

Energy sector forges ahead

The deregulation of fuel prices was taken as a positive sign by investors thus allowing the entire energy sector to display strength, duly backed by turnover. These initiatives including a...

PBC demands taxation overhaul

Pakistan Business Council (PBC) has said that government could generate an additional Rs300-400 billion in revenues within the present tax regime through better coverage and enforcement. "Taxation measures should focus on...

MCB launches ‘supernova’

MCB Bank Limited has successfully implemented ‘Project Supernova’ for Unilever Pakistan Limited under their ‘Collection Mandate’. This is one of the largest collections arrangement awarded by Unilever to any financial...

FWBL, PRP collaborate to spread cancer awareness

First Women Bank Ltd.(FWBL) and Pink Ribbon Pakistan ((PRP) have entered an agreement to promote the objective of Pink Ribbon Pakistan through its branches across the country in providing cancer...

Mobile financial services can raise $2b in revenue

Wider access to mobile financial services in Pakistan could lead to the creation of one million new jobs by 2020, while an estimated $2 billion could be added annually to...

New health secy delegates powers

Punjab Health Secretary Jehanzaib Khan has delegated several departmental powers to different additional secretaries to “dispose of the official business” and has issued a notification in this regard, Pakistan Today...

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