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NEWS ALERT: B&H International (Pvt.) Ltd. proudly presents its 4th Media & Entertainment Expo & Conference 2009 on 26th to 28th of June at Karachi Expo Center, Karachi. NEWS ALERT: Pakistan International Airline (PIA) will start its international flights from Bahawalpur airport from July 1st. NEWS ALERT: Etihad Airways, the national airline of the United Arab Emirates, has launched its inaugural service from its home base at Abu Dhabi to Larnaca, Cyprus. NEWS ALERT: Pakistan's economy grew by only 2 percent in 2008-09, against the target of 4.5 percent, due to poor performance of almost all sectors, coupled with internal and external pressures of extreme nature. NEWS ALERT: The inflation based on Consumer Price Index (CPI) has surged by 21.55 per cent in the first eleven months (July-May) of current financial year over the corresponding period of last year, Federal Bureau of Statistics (FBS) reported on Wednesday NEWS ALERT: Small and Medium Enterprises Development Authority (Smeda) has established Help-Desk in the office of All Pakistan Commercial Exporters Association (APCEA). NEWS ALERT: The Federal Minister for Environment, Hameed Ullah Jan Afridi recently visited Indus Motor Company (IMC). He inspected the manufacturing facilities at the IMC including its Wastewater Treatment Plant. NEWS ALERT: Pepsi Cola International Limited (PCIL) will continue with its $1800 million annual investment in Pakistan as it sees a huge potential for long-term investment. NEWS ALERT: American Apparel Inc settled film director Woody Allen's lawsuit over the company's use of his image in advertising for $5 million, lawyers said on Monday as the case was about to come to trial. NEWS ALERT: Farrukh Hussain Khan, Chief Executive, BMA Capital Management Limited, has been elected as the President of Overseas Investors Chamber of Commerce and Industry (OICCI) for 2009-2010. This was announced at the Managing Committee meeting held earlier at the Chamber. NEWS ALERT: Despite severe impact of the global economic recession, the Etihad Airways has performed extremely well by hitting target of more than six millions passengers and thus registered 34 percent growth during the year 2008 over the previous year. NEWS ALERT: US bank Citigroup may need to raise up to 10 billion dollars in new capital as the government of President Barack Obama continues talks with banks over the results of its stress tests, the Wall Street Journal reported. NEWS ALERT: Unemployment across the 27 EU member states reached 20 million in March. And unemployment in the countries using the euro is at its highest level since 2005, according to the region's official statistics agency. NEWS ALERT: Pak Elektron Limited announced the strategic alliance between Pak Elektron Limited & LG Electronics. NEWS ALERT: ICI Pakistan Limited has announced that its 65,000tpa Soda Ash expansion project has been completed and commissioned as per plan. NEWS ALERT: Car import under Gift and Baggage Schemes has registered a decline of 65 per cent in the current fiscal year, Chairman All Pakistan Motor Dealers Association, H M Shahzad said. NEWS ALERT: Royal Bank, of Scotland is cutting 4,500 jobs in the UK in a clear-out of its back-office operations. NEWS ALERT: President, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Sultan Ahmad Chawala, has said that the FPCCI would prepare a 25-year Economic Draft and would get it approved from the Parliament to ensure consistency in the country's economic policies. NEWS ALERT: Co-Chairman China Mobile Zhang ChunJiang called on President Asif Ali Zardari on Thursday in Presidency and matters pertaining to enhance existing investment and future prospective areas came under discussion. NEWS ALERT: China growth rate to remain around 6.5% NEWS ALERT: Director, Rafi Peer Theatre WorkShop Faizan Peerzada said that the 6th National Folk Puppet Festival would begin from Friday, 20, March. NEWS ALERT: China has assured of sending a large delegation of private entrepreneurs to participate in the coming Expo Pakistan-2009. NEWS ALERT: Net foreign investment declined by 34 percent during eight months of the current fiscal year, mainly due to massive outflow from foreign portfolio on account of poor law and order situation and uncertainty on political front. NEWS ALERT: Faisalabad Chamber of Commerce and Industry (FCCI) will organise five-day Expo-2009 here from 19th March to 23rd March. NEWS ALERT: The 4th Information and Communications Technology (ICT) Exhibition and Conference-Connect, will be held in Karachi from May 5 to 7. NEWS ALERT: Punjab University administration will organise books fair 2009. The administration has announced April 2 as a tentative date for this years books fair. NEWS ALERT: Small and Medium Enterprise Development Authority (Smeda) in collaboration with NWFP departments of Social Welfare and Women Development have organised a two-day Business Mela for women entrepreneurs of the province. NEWS ALERT: The after tax loss of Saudi Pak Commercial Bank has decreased to Rs 2.014 billion in the year ended December 31, 2008 as compared to a net loss of Rs 3.040 billion recorded in the corresponding period in 2007. NEWS ALERT: The profit after tax of GlaxoSmithKline Pakistan Limited increased to Rs 1.955 billion in the year ended December 31, 2008 as compared to Rs 1.670 billion earned in 2007. NEWS ALERT: Bosicor Pakistan Limited has posted a net loss after tax at Rs 7,918.195 million in the half year period ended December 31, 2008 as compared to a net profit of Rs 143.105 million earned in the corresponding period in 2007. NEWS ALERT: More than 600 private companies in 30 different sectors of the economy attracted $1.58 billion during first seven months (July-January) of the current financial year. Each company attracted more than $0.09 million FDI, sources in the Board of Investment (BoI). NEWS ALERT: National Industrial Relations Commission Islamabad has registered PTV Executives Association as industry wise association of employers under the IR Ordinance 2008. PTV Executives Association has assured the Managing Director PTV that with the new legal entity it would play its role for progress of PTV more effectively. NEWS ALERT: Khurram Ali Mehran has been promoted as Director (Public Relations), Pakistan Telecommunication Authority (PTA). Earlier he was serving as Deputy Director (Public Relations). NEWS ALERT: The Ministry of Finance has released Rs2.819 billion to the Higher Education Commission as Human Resource Development component of 3rd quarterly instalment of development grant, an HEC statement has said. NEWS ALERT: Philippines Ambassador to Pakistan Jaime J Yambao has said that Philippines, with dynamic consumer market, has unlimited scope for Pakistani businessmen dealing in pharmaceuticals, rice, textile yarns, Leather and fresh fruits particularly oranges. NEWS ALERT: Prime Minsiter Syed Yusuf Raza Gilani on Friday said the economic indicators were showing an upward trend and would provide relief to the masses. NEWS ALERT: Khurram Ali Mehran has been promoted to public relations (PR) director, Pakistan Telecommunication Authority (PTA) on Friday. He was previously serving as deputy director public relations. NEWS ALERT: 2nd Study Malaysia Education Exhibition was inaugurated by the First Secretary of Malaysian High Commission in Pakistan Mohammad Idris Abu Nawas at a local hotel on Tuesday in Lahore. NEWS ALERT: United States advertising and media industry slashed 18,700 jobs in December 2008, bringing industry job losses in this recession to 65,100.  

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