=
BUSINESS RECORDER
March 9, 2005
By Recorder Report
Pharma firms reject patent amendment ordinance
ISLAMABAD (March 09 2005): Multinational pharmaceutical companies have rejected the Patents Amendments Ordinance 2002, saying the amendments were not in consonance with the Intellectual Property Rights (IPRs). Representatives of local and multinational pharmaceutical companies expressed these views with commerce minister Humayun Akhtar Khan here on Tuesday.
More…
=
BUSINESS RECORDER
March 9, 2005
By Recorder Report
Foreign firms willing to invest $2 billion in power sector
ISLAMABAD (March 09 2005): Water and Power Minister Liaquat Ali Jatoi has said a US-based company, AES, has expressed its intention to invest $1 billion to establish 1000mw coal fired power station in Thar. "Pakistan has received tremendous response from foreign investors during two road shows held in Dubai and London," he added. Addressing a press conference here on Tuesday the minister said that the US company has sent a letter to the government, which he showed to the media, expressing interest to establish 1000mw project based on Thar Coal, which would bring in an investment of over $1 billion.
More…
=
BUSINESS RECORDER
March 9, 2005
By PR
Pakistan invited to global moot in Canada
KARACHI (March 09 2005): Pakistan's private and public sector business organisations have been invited to the "International conference on role of Canada in the sustainable development in Asia, Middle East, Caribbean and Africa" to be held on May 26-28, in Toronto, Canada. Global Reach International Business Development Inc Canada Chairperson and Chief Executive Officer Kafila Siddiqui extended the invitation during a meeting with Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Chaudhry Mohammad Saeed at the Federation House.
More…
=
BUSINESS RECORDER
March 9, 2005
Shaukat emphasises unity to raise development tempo
KARACHI (March 09 2005): Prime Minister Shaukat Aziz on Tuesday underlined the need for 'co-ordinated unity' to accelerate the tempo of development process in the country. He was speaking at a lunch hosted by Sindh Chief Minister at CM House here. Sindh governor Dr Ishratul Ibad, provincial ministers and members of Sindh Assembly were also present. The Prime Minister said collective efforts always yielded good results. Referring to three golden principles of Quaid-e-Azam Mohammad Ali Jinnah, faith, unity and discipline, he said every body should follow them for the good of the nation and the country.
More…
=
BUSINESS RECORDER
March 9, 2005
Oil, Gas and Energy exhibition from May 18
KARACHI (March 09 2005): Major companies involved in upstream and downstream energy sector continue to confirm their participation as the 3rd Pakistan Oil, Gas & Energy Exhibition and Conference moves closer. POGEE 2005 is scheduled from 18 - 21 May this year at the Karachi Expo Centre.
Proving its significance as the perfect marketing platform, giving impetus to the oil, gas and energy sector industries through direct interaction between professionals and the key decision makers, this year POGEE will emerge as a preferred meeting place showcasing latest technology offered by over 150 leading industry players that are either operating in the region or have keen willingness to explore prolific markets in Asia.
More…
=
BUSINESS RECORDER
March 9, 2005
By Recorder Report
Nortel launches supply chain centre
ISLAMABAD (March 09 2005): Nortel, that delivers innovative technology solutions encompassing end-to-end broadband, Voice over IP, multimedia services, and applications and wireless broadband and doing business in 150 countries, has launched Shanghai Supply Chain Centre. This is the first supply chain centre intended to reduce cost and maximise quality by providing best expertise available. Similar launches are being planned in India, North America, Eastern Europe, and Mexico throughout 2005.
More…
PAKISTAN OBSERVER
March 9, 2005
By PPI
Pak oil, gas & energy exhibition from May 18
Karachi—Major companies involved in upstream and downstream energy sector continue to confirm their participation as the 3rd Pakistan Oil, Gas & Energy Exhibition and Conference moves closer.
POGEE 2005 is scheduled from 18 - 21 May this year at the Karachi Expo Centre.
Proving its significance as the perfect marketing platform, giving impetus to the oil, gas and energy sector industries through direct interaction between professionals and the key decision makers, this year POGEE will emerge as a preferred meeting place showcasing latest technology offered by over 150 leading industry players that are either operating in the region or have keen willingness to explore prolific markets in Asia.
More…
PAKISTAN OBSERVER
March 9, 2005
By APP
Pak to hold six envoy moots to promote trade: Humayun
Islamabad—Commerce Minister Humayun Akhtar Khan Tuesday said the government has decided to hold six Envoy conferences in various regions to promote trade and enhance exports of the country.
Speaking at a press conference here Tuesday the Commerce Minister said “This is a new initiative to step up Pakistani trade activities and boost exports in different regions of the world”.
More…
DAWN
March 9, 2005
By Staff Reporter
US, UK firms to invest $2bn: Power sector
ISLAMABAD, March 8: Two major power companies of the US and the UK - AES Corporation and Globeleq - have offered to invest $2 billion in Pakistan's power sector in the near future.
Water and Power Minister Liaquat Ali Jatoi told a news conference here that in overall terms Pakistan would attract at least $8 billion investment in the power sector over the next 8-10 years.
More…
THE NATION
March 9, 2005
By Commerce Reporter
LCCI, France chamber sign MoU
LAHORE - The Lahore Chamber of Commerce and Industry (LCCI) and the Chamber of Commerce and Industry of Meurthe Et Moselle, France, signed a Memorandum of Understanding (MoU) on Tuesday, that aimed at enhancing liaison and cooperation between the two sides.
The MoU, which was reached between the LCCI and The Chamber of Commerce and Industry of Meurthe Et Moselle, France, would cover a wide spectrum of trade areas. Mr Jean-Michel Laurent represented The Chamber of Commerce and Industry of Meurthe Et Moselle, France.
More…
THA NATION
March 9, 2005
By Commerce Reporter
Business bodies invited to attend moot in Canada
LAHORE - Pakistan’s private and public sector business organisations were invited to the International Conference on the ‘Role of Canada in Sustainable Development in Asia, Middle East, Carribean and Africa’ to be held on May 26 to 28, 2005 in Toronto, Canada.
The invitation was extended by Ms Kafila Siddiqui, the Chairperson and Chief Executive Officer of the Global Reach International Business Development Inc Canada, during a meeting with Chaudhry Mohammad Saeed, the FPCCI’s President, held at the Federation House in Karachi. Akbar Abdullah and Khalid Mehmood Khan, FPCCI Vice-Presidents and former FPCCI President Tariq Sayeed also attended the meeting.
More…
DAILY TIMES
March 9, 2005
By Staff Report
US power giant to invest $1b in 1,000 MW plant
ISLAMABAD: US power giant, AES will invest $1 billion in a coal-fired power plant having capacity of 1,000 megawatt in Thar deserts, said Liaqat Ali Jatoi, the minister for water and power.
The minister was addressing a press conference on Tuesday to brief about the response he received during two road shows held in Dubai and London seeking investment for power generation in Pakistan.
More…
DAILY TIMES
March 9, 2005
French investment sought in agri sector
ISLAMABAD: Sikander Hayat Bosan, federal minister for food, agriculture and livestock has said that French investors can invest in agriculture sector for setting up tractor and bulldozer manufacturing plants to fulfill requirement of farming sector in
Pakistan. He said France could assist Pakistan in the establishment of hybrid seed technology programme in sunflower and expansions in trade relations particularly with regard to sugar, vegetable and livestock. He expressed these views while talking to Pierre Charasse, ambassador of France who met him here Tuesday.
DAILY TIMES
March 9, 2005
By Staff Report
Pharma industry to be taken into confidence
ISLAMABAD: The Commerce Ministry Tuesday assured the multinational and local pharmaceutical companies that they would be consulted to reach a consensus on certain amendments regarding the industry.
The assurance came in a meeting of representatives of multinational as well as local pharmaceutical companies that was presided over by commerce minister Humayun Akhtar Khan.
More…
DAILY TIMES
March 9, 2005
Pakistan invited to Canadian moot
KARACHI: Pakistan’s private and public sector business organisations have been invited to the International Conference on role of Canada in the sustainable development in Asia, Middle East, Carribean and Africa to be held on May 26-28, 2005 in Toronto, Canada, a FPCCI press release said.
The invitation was extended by Ms Kafila Siddiqui, chairperson and chief executive officer of Global Reach Inrternational Business Development Inc. Canada during a meeting with president, FPCCI Chaudhry Mohammad Saeed held in Federation House, Karachi. FPCCI vice-presidents Mr. Akbar Abdullah and Mr. Khalid Mehmood Khan and former FPCCI president Mr Tariq Sayeed also attended.
THE NEWS
March 9, 2005
By our correspondent
Pharma sector issues discussed
ISLAMABAD: A meeting was held with the representatives of multinational as well as local pharmaceutical companies with Commerce Minister Humayun Akhtar Khan in the chair.
The issues pertaining to pharmaceutical sector were discussed in detail.
The multinational pharma companies expressed their concerns regarding Patents Amendment Ordinance 2002. They were of the view that the amendments were not in consonance with Intellectual Property Rights Protection in Pakistan.
More…
THE NEWS
March 9, 2005
By our correspondent
Privatisation causing rise in share prices
KARACHI: The ongoing privatisation drive and the rising international oil prices are constantly causing increase in the share price of oil and gas exploration companies.
The domestic upstream oil and gas stocks have performed exceptionally well over the last two months, says an analyst with the KASB Securities.
More…
THE NEWS
March 9, 2005
By our correspondent
LCCI signs MoU with French chamber
LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) and Chamber of Commerce & Industry of Meurthe Et Moselle, France, signed a Memorandum of Understanding (MoU) on Tuesday aimed at enhancing liaison and cooperation between the two sides.
The MoU would cover a wide spectrum of trade areas. Jean-Michel Laurent represented French chamber.
More…