OUR STAFF REPORTER LAHORE - The Human Rights Commission of Pakistan (HRCP) has expressed concern at an insurgent organizations announcement that three abducted employees of a gas company in Balochistan have been sentenced to death by a court of the insurgents and would be executed soon. HRCP has ...

ISLAMABAD - While issuing notification for board members of the Central Power Purchasing Company (CPPA), Ministry of Water and Power has notified the creation of Genco Holding Company and names of its board of directors. Ministry of Water and Power has notified creation of Genco Holding Company and ...

ISLAMABAD (APP) - The proposed new city of Zulfikarabad in Sindh has taken a significant step forward as a Chinese company has submitted a proposal to set up an economic zone in the new city and also offered to sign a Memorandum of Understanding (MoU) before the forthcoming visit of the Chinese ...

ISLAMABAD - Catsus, one of Denmarks leading fruit snack producer company, would now import nutritional dates from southern of Pakistan to develop fruit bars for children in Denmark. It would import around 800 tons of dates per year carrying a total value of $0.65 million. This is the first time ...

ISLAMABAD (APP) - An Australian oil and gas company operating in Pakistan has handed over 49 houses, built at a cost of Rs. six million, to the flood victims homeless families in Isakhel district of Mianwali, to mitigate their sufferings in the severe winters. The houses have been constructed at ...

KARACHI (APP) - M/s General Satellite Corporation has showed interest to make up to 50 percent investment for modernization of the home TV technology in Pakistan. The company would like to enter a joint venture with Pakistani channels, a company representative Sergey L. Dolgopolsky said during his ...

ISLAMABAD - Vowing to support Long-Term Evolution (LTE) as future technology for Pakistan, Ericsson on Wednesday shared its vision of 50 billion connected devices at a seminar titled as Connected World. The venture was aimed at creating awareness about improved life styles and overall economical ...

LAHORE - A United States Company Frontier Agricultural Solutions and Training Limited (FAST) has pledged to invest in different fields of livestock and agriculture in Punjab, while Punjab Board of Investment and Trade will assist it by providing strategic information about investment opportunities ...

KARACHI (APP) - Sapphire Fibres Ltd has convened an extraordinary general meeting to seek approval for making long term equity investment of Rs 500 million in its subsidiary Sapphire Electric Company Ltd (SECL). According to a communique dispatched to Karachi Stock Exchange here Friday, the company ...

LAHORE (PPI) - The Network for Consumer Protection had approached CCP in respect of an advertisement sponsored by Tetra Pak with a concern that it might contravene the provisions relating to deceptive marketing practices. The advertisement stated that for generations we have boiled milk at home, ...

ISLAMABAD (APP) - A Norwegian Exploration and Production company here on Wednesday showed keen interest to explore possibilities of investing in oil and gas sector of Pakistan. A delegation of Statoil , Norwegian E&P company, led by Eigil Resmussen, Manager Exploration Middle East visited Islamabad ...

KARACHI - Samsung Friday announced a long-term plan to invest 23.3 trillion Korean Won (Korean currency) through 2020 in new businesses in the environmental and healthcare industries. Five major new areas of investment outlined include solar cells, rechargeable cells for hybrid electric vehicles, ...

LAHORE (PR) - The American Business Forum held its 2nd Annual dinner inauguration ceremony at Lahore. A memento was presented to khalid Ahmad Malik, the Country Director of The Vitamin Company, by Chief Minister Shahbaz Sharif (through Mr. Zulfiqar Khosa) and Ms Anne W. Patterson, US Ambassador to ...

ISLAMABAD - Pakistan Telecommunication Authority (PTA) has suspended the LDI license of Redtone Telecommunications (Pvt) Ltd on account of concealment of minutes pertaining to the international incoming traffic. According to the details, Redtone Telecommunications was issued a Long Distance & ...

ISLAMABAD While media reports regarding lucrative LNG contracts awarded by Petroleum Ministry are the subject of heated discussion lately, another controversial contract which was approved by the Economic Coordination Committee (ECC) of the Cabinet early this year paved way for the US notorious ...

ISLAMABAD - The signing ceremony of Articles of Agreement for the establishment of Economic Cooperation Organisation (ECO) Reinsurance Company was held here on Wednesday. The delegates representing Iran, Pakistan and Turkey attended the ceremony. The authorised delegates Dr Javed Farshbaf Maherian ...

ISLAMABAD A major trading house, based in Islamabad and focusing on arms trading, has been blacklisted by the Pakistan Air Force after it undermined PAF interests to make extra profits from US manufacturers. The PAF was seeking new control panels for its Mashaq aircraft, known in professional ...

ISLAMABAD (APP) - An arbitral tribunal appointed by the International Centre for Settlement of Investment Disputes (lCSID) of the World Bank hearing a claim brought by a Turkish investor against the Islamic Republic of Pakistan has rejected all claims for breach of a bilateral investment treaty ...

ISLAMABAD (APP) - Renexus, a world renowned Malaysian construction company, has submitted a formal proposal to the Pakistan government for the construction of 20,000 low-cost houses in each of the eight major towns. Pakistan High Commissioner to Malaysia Lt-Gen (Rtd) Tahir Mahmud Qazi said the ...

LAHORE - Principal of Government Postgraduate College for Women, Samanabad, Dr Tasnim Akhtar has said that co-curricular activities signifies the excellence of an educational institution and these must be promoted. Addressing the prize-distribution ceremony on the occasion of annual sports day of ...

ISLAMABAD - The Privatisation Commission of Pakistan here on Tuesday invited Expressions of Interests (EOIs) for concession on lease basis of the facilities and assets of Jamshoro Power Company Limited (JPCL) for a period of 15 years. The EoIs have been invited from the prospective investors, ...

LONDON (AFP) - Asian and European stock markets were rattled Wednesday by investor fears that the ongoing financial crisis will wreak havoc at the world's biggest companies, analysts said. Worries that US titan General Motors could go bust have brought into sharp focus the impact of the global ...

FIA has arrested the owners of a money exchange company, Munaf Kalia, Yusuf Kalia and their associates from Karachi and Lahore on the charge of illegally remitting from the country millions of dollars abroad. Sources said that Munaf Kalia and his associates have been charged for illegally ...

KARACHI - Kuwait based Noor Financial Investment Company aimed to raise its stake to 41.7 per cent from 34.7 per cent in Meezan Bank Limited, by purchasing further 7 per cent or 31.3 million stocks from Shamil Bank of Bahrain, for which an approval has been obtained from the State Bank of Pakistan, ...