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NEWS ALERT: BBC appoints Deepak Shourie as South Asia Director for BBC Worldwide Channels. NEWS ALERT: Hindustan Unilever Ltd has announced that a meeting of the Board of Directors of the Company will be held on July 27, 2010 in which the 1st quarter results will be announced. NEWS ALERT: Pakistan's exports to China during the first quarter of 2010 recorded at $0.41 billion showing an increase of 96.70 percent compared with the same period of last year. NEWS ALERT: Dr. Shahid Masood (Renown anchor person of Geo TV Network) has joined ARY Network as a President. He will look after as a head of all the related departments. NEWS ALERT: The Advisor to Prime Minister on Finance and Economic Affairs, Dr Abdul Hafeez Shaikh, has said that Economic Survey for 2009-10, highlighting the performance of the economy during the outgoing year will be released on June 4. NEWS ALERT: The consolidated budget deficit of the federal and provincial governments during first nine months (July-March) of fiscal year 2009-10 stood at Rs 625.960 billion or 4.2 percent of the GDP. NEWS ALERT: Barclays Bank said it would sell off its American mortgage collection operation for $1.3 billion in cash, exiting a business it acquired nearly four years ago before the mortgage market went bust. London-based Barclays said it would sell HomEq Servicing business to West Palm Beach, Fla.-based Ocwen Financial Corp., which specializes in handling loans made to borrowers with weak credit. News Alert: Pakistan economy is getting back on track after a balance of payments crisis 18 months ago but it still remains vulnerable to shocks and a risky market for investors, the IMF’s representative said on Tuesday. News Alert: President Asif Ali Zardari on Tuesday summoned the budget sessions of the National Assembly and Senate on June 3 at 5pm and 4pm, respectively. News Alert: Hinopak is Pakistan first automobile company to export its buses to Middle East and African countries in early 1990's and once again it has taken a gigantic leap in the international market by starting export of buses to Middle East and Africa. News Alert: Romanian Ambassador to Pakistan Emilian Ion has said that there are bright opportunities of establishing joint ventures in various trade fields between the private sectors of Romania and Pakistan. NEWS ALERT: International media is taking special interest of recently development of the Geo TV chief Hamid Mir linked to ex ISI man killing. NEWS ALERT: According to research reports, the mobile phone market has been forecasted to grow annually at 7 percent valued at AED 1.4 billion (US$ 374 million) by 2014 . Further, the sale of smart phone devices in the Middle East would reach 8.5 million units in 2010. NEWS ALERT: Nokia has filed a lawsuit in the US, alleging that Apple's iPhone and iPad 3G infringe on a number of its patents. NEWS ALERT: South Korean firm, LG Electronics has locally partnered with Silverbird Cinemas in a marketing strategy worth Sh12 million ($160,000) annually to grow its Kenyan mobile phone sales share. NEWS ALERT: The Cannes Lions International Advertising Festival 2010 edition of the festival will be held from 20 to 26 June. NEWS ALERT: Halal food is emerging as a big market and the Muslim brother countries should take the lead under the umbrella of OIC (Organization of Islamic Countries). This was stated by the Federal Minister for Commerce Makhdoom Amin Fahim. NEWS ALERT: The re-launch of Unilever Pakistan, Sunsilk with the Co-creations campaign was well received by consumers, company said. NEWS ALERT: Industrialists have asked the government to rethink over its plan to have two weekly holidays, by declaring Saturday as off day. NEWS ALERT: Pakistan second fashion week kicked off Monday, April 5th to April 10 at an upmarket hotel in the southern city of Karachi with a grand opening ceremony. NEWS ALERT: Pakistan telecom sector has boomed over the past 10 years and now has over 95.40 million mobile phone users, from some 300,000 in 2000, with cellular mobile density of over 58 percent, according to its state telecommunication authority. NEWS ALERT: Senior editors and anchors from India and Pakistan agreed on the need to create more empathy for each others country, and the dire need for more cross border information. The journalists are in the city for a meeting titled Talking Peace convened by Aman ki Asha, a joint initiative of the Jang Group of Pakistan and the Times of India Group. NEWS ALERT: Chinese telecom giant, China Mobile will invest $300 million in Pakistan in 2010, mainly on expansion of its infrastructure in the south Asian country. NEWS ALERT: McDonalds, which has about 1,100 outlets in China, expects to boost that number to a total of 2,000 by the end of 2013, said Tim Fenton, the company president of Asia Pacific, Middle East and Africa. NEWS ALERT: The lawmakers of NWFP on Thursday demanded immediate ban on late night packages offered by all the mobile companies as it was needed to protect the young generations from moral degradation. NEWS ALERT: NOKIA, The world's biggest maker of mobile phones, expects its share of the global handset market to remain flat next year. NEWS ALERT: Completing 50 years in India, Fevicol has released a new commercial titled Moonchwali, positioning it as the Worlds Shortest Feature Film. NEWS ALERT: Nike Inc. raised its quarterly dividend by 8 percent to 27 cents per share from 25 cents per share. NEWS ALERT: Finnish handset manufacturer Nokia announced today that it will lay off 330 workers from its research and development staff, which CNET says is roughly equivalent to 2 percent of its global R&D workforce. NEWS ALERT: Pakistan current account deficit has shrunk by 84 percent to some one billion dollars in the first four months of current fiscal year mainly due to rising home remittances and sharp decline in trade deficit. NEWS ALERT: The University of Peshawar has postponed the convocation 2009 for the regular students of MA/MSc/M.Phil/Phd degree holders for the session 2007 2008. The event scheduled on 30th October 2009.The new schedule would be announced by the administration soon. NEWS ALERT: To mark the 60th anniversary of Peoples Republic of China, the management of Beach Luxury Hotel, Karachi is organising the Flavours of China Food Festival from Thursday October 22 to 07 November 2009. NEWS ALERT: Pakistan current account deficit posted a decline of 89 percent in the first quarter of the current fiscal year, mainly due to higher home remittances and sharp decline in trade deficit. NEWS ALERT: Hamdard Foundation Pakistan is holding a seminar to commemorate the services of late Hakim Mohammad Saeed on his 11th death anniversary, at a local hotel in Karachi on Saturday (October 17) at 3.00pm. NEWS ALERT: Pakistan Telecommunication Authority (PTA) will hold Telecom Consumer Forum on a theme Together for consumer rights, in Islamabad on Thursday at a local hotel. NEWS ALERT: The countrys foreign exchange reserves rose to $14.75 billion in the week that ended on October 3 compared with $14.49 billion the previous week, the State Bank of Pakistan said on Thursday. NEWS ALERT: Although India Pakistan match registered a Television rating point (TRP) of 4.5, overall matches played in Champions Trophy ranged between 1.7-2, as per rating agency TAM. NEWS ALERT: The countrys foreign exchange reserves rose to $14.75 billion in the week that ended on October 3 compared with $14.49 billion the previous week, the State Bank of Pakistan said on Thursday. NEWS ALERT: Pakistan Steel Mills Corporation (PSMC) has posted some Rs 4 billion losses during first quarter of the current fiscal year mainly due to slow production, following shortage of raw material. NEWS ALERT: Asad Ali Shah, President of the Institute of Chartered Accountants of Pakistan (ICAP), has been elected as Chairman of the inter-governmental working group of experts on International Standards on Accounting and Reporting (ISAR) of the United Nations Commission on Trade and Development (Unctad). NEWS ALERT: The furniture and other valuables worth millions of rupees of Royal Bank of Scotland (RBS) branch located in Clifton reduced to ashes due to a huge fire in bank's basement on Wednesday. NEWS ALERT: Pakistan Telecommunication Authority (PTA) has seized two networks of illegal gateway exchanges in Lahore, which were causing huge loss to the national exchequer. NEWS ALERT: The Securities and Exchange Commission of Pakistan (SECP) registered 192 companies during the month of Sep, 2009. The total corporate portfolio as on 30th Sep, 2009 comprises of 53,780 registered companies. NEWS ALERT: PIA on Friday bade farewell to its Director Marketing Salah uddin, who proceeded on Leave Preparatory to Retirement (LPR), before he finally retires in June 2010. NEWS ALERT: The Students Week at the University of Karachi (KU) will be organised from October 12 to 17. NEWS ALERT: Vice Chancellor Punjab University, Dr Mujahid Kamran called on Punjab Chief Minister, Muhammad Shahbaz Sharif at Chief Minister Secretariat on Saturday and apprised him of academic activities in the university. NEWS ALERT: Samsung Electronics is all set to share its technological expertise with the underprivileged children of SOS Children Village and nearby dwellings at Dodhial, Hazara Division. NEWS ALERT: Saleem Moosa Parekh has been elected unopposed as Chairman while Ahsan Arshad Ayub as Senior Vice Chairman and Shahnawaz Ishtiaq as Vice Chairman of Site Association of Industry (SAI) for the term of 2009-10 NEWS ALERT: Sofitel Tower, an international chain of hotels and towers, is expected to commence its operation in Pakistan by 2011. This was stated by Abdul Rehman Naqi, managing partner, Sofitel Tower Karachi NEWS ALERT: The British Petroleum (BP) Pakistan in its development program drive has donated computers, classroom furniture, sports equipments and electric water cooler worth Rs 1.32 million to the Government Boys Higher Secondary School at Village Rajo Nizamani in Tando Muhammad Khan.  

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