First Dawood Investment Bank’s new address

Karachi :First Dawood Investment Bank Limited informed Karachi Stock Exchange that they have changed their registered office address. The new address is 18th floor, BRR tower, Hassan Ali Street off: I. I. Chundrigar Road, Karachi, postal code [...]

CDC restores eligibility of Gulshan Spinning Mills 

Karachi : Central Depository Company of Pakistan has informed Karachi Stock Exchange that CDC has intention to suspend CDS eligibility of ordinary shares of Gulshan Spinning Mills Limited if the fee and charges are not paid up by Gulshan Spinning [...]

Power hike to ruin industries, shrink exports: Vohra

KARACHI : Chairman, SITE Association of Industry, Dr Arshad A Vohra, on Wednesday took a strong exception to the recent increase in electricity tariff for industrial, commercial and bulk consumers of all distribution companies including Karachi [...]

Recurrent budget of education in Sindh increases by 15 %

KARACHI: The recurrent budget for education in the fiscal year 2011-12 has been increased by 15 percent. This was announced by Sindh Minister for Finance, Murad Ali Shah, in his budget speech here on Friday. He said that the priority being [...]

Sindh Govt reactivates 602 non functional hospitals in rural areas

KARACHI – The Sindh Government under its Peoples Primary Healthcare Initiative (PPHI) managed to reactivate 602 hospitals and clinics in 19 districts during fiscal year 2010-2011, said Fiance Minister, Syed Murad Ali Shah.In his budget [...]

Sindh Govt. releases Rs 50.399 million for Lyari General Hospital

KARACHI: Sindh Government during the current fiscal year released Rs 50.399 million of the total Rs 253.876 million allocated for Revitalisation and Revamping of Lyari General Hospital (LGH).Sindh Minister for Finance, Syed Murad Ali Shah [...]

Sindh announces Rs 391.9 bln revenue- oriented budget

KARACHI: The Sindh Government announced a Rs 391.9 billion revenue-oriented budget here Friday for next fiscal, 2011-12, with revenue expenditures totalled to be around 283.14 billion.The budget was announced by Provincial Finance Minister Syed [...]

Rs.2.9 billion package for doctors proposed in upcoming Sindh budget

Karachi, Sindh Chief Minister on Saturday announced that Rs.2.9 billion have been earmarked in the upcoming budget 2011-12 for doctors that include 50% salary raise of house-job doctors, post-graduate doctors, rural incentives, non-practicing [...]

Rs25 billion deficit budget for Sindh

KARACHI: Sindh Chief Minister Syed Qaim Ali Shah announced on Friday a Rs442 billion budget for 2010-11 that carries an operational revenue deficit of Rs25 billion, but promises record development in the province and some relief to the salaried [...]

Sindh cabinet approves provincial budget

Karachi, Chief Minister Sindh Syed Qaim Ali Shah presided over a special session of Sindh Cabinet in which budget recommendations were presented and discussed, here on Friday, at New Sindh Secretariat Building. Adviser to CM on planning and [...]

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