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News for Tuesday, 7 Feb 2012

LCCI urges ABF to play its role

Lahore Chamber of Commerce and Industry (LCCI) Tuesday urged American Business Forum (ABF) to play its role for making the economy robust and vibrant. LCCI President Irfan Qaiser Sheikh was...

SECP holds stakeholders’ conference

Securities and Exchange Commission of Pakistan (SECP) on Tuesday held a stakeholders conference on the Fertiliser Industry Cost Accounting Records Order, 2011 which was participated by representatives of the Fertiliser...

PIAF touts privatisation as solution

Pakistan Industrial and Traders Associations Front (PIAF) has urged government to evolve a mechanism to privatise all public sector enterprises that are generating a loss of billions of rupees annually....

Halal Accreditation Scheme commended

The step of introducing Halal Accreditation Scheme by Pakistan National Accreditation Council (PNAC), Federal Ministry for Science and Technology is commendable which will help introducing Pakistani Halal products globally hence...

OGRA inspection discovers retailers involved in hoarding of POL products

Oil and Gas Regulatory Authority (OGRA) on Tuesday claimed that its surprise inspection to determine hoarding of POL stocks by the Oil Marketing Companies (OMCs) and retailers for inventory gains,...

SBP waives succession certificate condition for unclaimed deposits

The central bank has waived the condition of obtaining the succession certificate from legal heirs in respect of unclaimed deposit refund of deceased account holders and beneficiaries of instrument of...

Cement sector continues to operate below capacity

Cement manufacturers continue to operate below 70 per cent installed capacity in January 2012 as well as in the first six months of this fiscal due to which they could...

NDMA in process of hammering out contingency plan

The National Disaster Management Authority (NDMA) is in the process of hammering out a contingency plan to cope with possible future natural calamities to minimise losses by focussing on preparedness,...

NEPRA to hold hearing on power tariff determination

To annoyance of the Ministry of Water and Power (MWP), the National Electric Power Regulatory Authority (NEPRA) will hold a public hearing today (Wednesday) on reservations of the ministry over...

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