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Daily Archives: June 28, 2011

United Kingdom getting European Union trade concessions for Pakistan: British High Commissioner


Islamabad: British High Commissioner to Pakistan Adam Thomson on Tuesday said that his country is trying best to help Pakistan get access to EU market which is a critical issue. We are trying to get EU trade concession of GSP Plus for Pakistan to get more Pakistani products would be introduced in Europe. Talking to a high-profile delegation that included VP SAARC CCI Iftikhar Ali Malik, VP FPCCI Amir Atta Bajwa, Chairman FPCCI, Capital Office, Hameed Akhtar Chadda, SVC, FPCCI [...]

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State Bank Appoints Eleven Primary Dealers for Fiscal Year 2011-12


Karachi: The State Bank of Pakistan (SBP) has appointed eleven Primary Dealers for the next financial year which include M/s. JS Bank Limited, Habib Bank Limited, National Bank of Pakistan, Faysal Bank Limited, Standard Chartered Bank (Pakistan) Limited, United Bank Limited, Citibank NA, NIB Bank Limited, Pak Oman Investment Co. Ltd, MCB Bank Limited and Bank Alfalah Limited. Applications were invited for selection of Primary Dealers for the Financial Year (FY) 2011‐ 12 from all banks, investment banks, development finance [...]

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Sindh Finance Minister visited Karachi Stock Exchange


Karachi: The Finance Minister of Sindh, Mr. Murad Ali Shah, visited the Karachi Stock Exchange (KSE) on Monday, the 27th of June, 2011, to meet the Board of Directors of the Karachi Stock Exchange. He was greeted by Chairman KSE, Mr. Muneer Kamal and Managing Director, Mr. Nadeem Naqvi. Senior Members of KSE were also present on the occasion including Mr. Aqeel Karim Dhedhi, Mr. Arif Habib, Mr. Ferozuddin Cassim and Mr. Yasin Lakhani. Matters of mutual interest were discussed, [...]

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Widespread Monsoon Rain/Showers predicted in Punjab in Next 36 Hours


Islamabad: Widespread Monsoon Rain/Thundershowers with scattered heavy falls predicted over upper and some central parts of Punjab (Sargodha, Faisalabad, Gujranwala, Lahore divisions), and Scattered Rain/Thundershowers with isolated heavy falls also expected in Rawalpindi division in next 36 hrs. Heavy downpours may cause urban flooding in some of the said areas of upper Punjab during the period. Monsoon has already ONSET over upper parts of Pakistan, and more monsoon currents of moderate to heavy intensity are penetrating in parts of Punjab [...]

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