Mr. Hanif S. Kalia, Chairman, Ko-Ordination
Group has demanded to re-establish previous method of Prize Bonds draws because
people do not trust in new computerized method and the long series system is
tedious which effects buying and selling of the prize bonds.
He also demanded to enhance
small prizes in each series as there are very few small prizes. It will be
better if value of bumber prizes are reduced and more small prizes are added in
Mr. Hanif S. Kalia thanked the
Government for extending the final date of encashment of a prize bonds of Rs.
100, 500, 1000, 5000 and 25000 upto 31st December, 2000 and requested to further
extend the final date of Rs.50 prize bond upto 31st December, 2000.
Issuance of new dollar-notes
by the usa.
The Economic Counselor of the
United States in a letter addressed to Mr. Hanif S.Kalia, Chairman, Kalia Group
has said that in continuation of the program that began in March 1996, the
United States Treasury Department will again be issuing redesigned currency
notes. In addition to the redesigned currency notes of $20, $50 and $100
denominations already in circulation, newly designed $5 and $10 notes and $1
coins will soon be introduced.
The communication said that the
introduction of the new currency is primarily aimed at enhancing and
incorporating the latest security features to stay ahead of the technologies
used for counterfeiting.
However, all US currency will
continue to be honoured at full face value and there will be no recall or
devaluation of any US notes. As the new currency is phased in, the old notes
will be retired by the Federal Reserve as they are returned. "There is no
limit of requirement of exchanging a previous series note for a new series
note" the communication added.
The communication is accompanied
with a brochure containing complete information on different aspects of the new
currency which can be had from any office of Khanani & Kalia.
Cyber.Net re-opens Sarwar
Shaheed Road Centre
Cyber Internet Services (Pvt.)
Ltd. recently re-opened their Sarwar Shaheed Road Customer Care Centre after a
complete interior overhaul. The new Care Centre, designed by a renowned
architect, is constructed such that it is functional and futuristic at the same
time. Metallic and leather chairs, sleek and contoured wooden cubicle dividers
make the centre practical and organized. With Cyber.Net staff to facilitate
present users queries and payments and to sign up new customers, the center,
which is conveniently located, is a complete customer solutions provider.
CE to inaugurate national
technology in education conference
Beaconhouse School System, the
largest private school system in Asia, is organizing a one-day conference
"Redefining Learning Systems" to coincide with its 25th anniversary in
November this year. The Chief Executive of Pakistan General Pervez Musharraf
will inaugurate this prestigious event.
"This is the first ever
national conference that focuses on Technology in Education". Explained
Nasreen Kasuri, Chief Executive of Beaconhouse School System while announcing
the event in Karachi recently. "The Convention Center in Islamabad has been
selected as the possible venue for the conference in lieu of its national
importance", Mrs. Kasuri added.
Open to educators throughout
Pakistan, the conference is being organized to bring into focus the need to
integrate technology seamlessly into the school systems and to harness its power
to strengthen and facilitate the learning process.
Nusrat Vohra Appointed as
head of nbp Treasury Division
The National Bank of Pakistan
has apppointed Mr. Muhammad Nusrat Vohra as the Head of the Treasury Division
with effect from August 1, 2000. Mr. Vohra's posting is backed by a rich
experience of Treasury Management in national and international financial