Karachi: STATE BANK OF PAKISTAN An account pursuant to the State Bank of Pakistan Act, 1956, for the Week ended the 26th April, 2012 ISSUE DEPARTMENT LIABILITIES Rs. Rs. ASSETS Rs. Rs. Notes held in the I.A.Gold Coin and Bullion 312,080,224,000 Banking Department 148,474,000 Silver Bullion Special Drawing Rights held with Notes in Circulation 1,766,046,133,000 […]
Karachi: STATEMENT OF AFFAIRS OF THE STATE BANK OF PAKISTAN BANKING DEPARTMENT AS ON THE 26TH APRIL, 2012 LIABILITIES Rs. ASSETS Rs. Capital paid up. 100,000,000 Notes. 148,474,000 Rupee Coin. Reserve Fund. 164,644,239,000 Subsidiary Coins. Bills Purchased and Discounted:- Rural Credit Fund. 2,600,000,000 a) Internal:- i) Agricultural Sector. Rs. Industrial Credit Fund. 1,600,000,000 ii) Industrial […]
Karachi: Karachi Port has increased its capabilities to accommodate and provide safe berthing to 12.5 metres draught container vessels on two container terminals. This was the long pending demand of the Port Users in order to upgrade their vessels. After assuming the charge as Chairman, KPT Mr. Aslam Hayat took all the possible steps to […]
Islamabad: The allocation of funds for education sector must be on top priority as our country needs qualified scientists, researchers and economist to drive the economy forward and increase the rate of economic growth. Government has introduced various education policies but education sector needs immediate attention from the public sector. Thus there is a dire […]
Islamabad: Stronger linkages between Academia and Business Communities coupled with government support of the two friendly countries will lead to capacity building of Pakistan and sustainable management of solid waste in the country, said Pakistan’s Minister for Science and Technology Mir Changez Khan Jamali while talking to experts and business community of the two countries […]
Karachi: EOB scheme has been extended to every industrial and commercial worker of the country and now the informal sector and even self-employed persons can also get register themselves with EOBI. This was stated by the Chairman Zafar Iqbal Gondal during a meeting for launching a national awareness campaign for workers community at EOBI Head […]
Karachi: Karachi Affected Markets Relief Committee (KAMRC), Government of Sindh, organized the ceremony of 3rd Phase to hand over the possession of Ashura Arson-hit markets/shops to the affectees at Karachi Chamber of Commerce and Industry (KCCI) where Provincial Minister for Agriculture, Government of Sindh Syed Ali Nawaz Shah was invited as the Chief Guest. Minister […]
Islamabad: Intellectual Property Organization of Pakistan (IPO-Pakistan) has made phenomenal progress in recent years to protect intellectual property assets in Pakistan. Transformation of dynamics of business assets from the tangible to intangible in today’s knowledge-based economy urges the emerging economies to promote the culture of creativity to gain access to the quality conscious consumers. The […]
Islamabad: Prime Minister Syed Yusuf Raza Gilani has sent a message of greetings to the Prime Minister of Republic of Tanzania Hon. Mizengo Kayanza Peter Pinda, on the Union Day of the united Republic of Tanzania falling on 26th April. In his message, the Prime Minister said, “It gives me immense pleasure to convey to […]
Islamabad: The Made in Pakistan – Single country exhibition was declared open by the Sri Lankan Minister of Economic Development Hon Basil Rajapaksha in Colombo today. After inauguration, the Chief Guest Minister Basil Rajapaksha visited stalls displaying Pakistani products and appreciated the wide variety and the quality of Pakistani products, says a press release received […]
Karachi: Market Watch: Stocks close positive on signing of CGT ordinance Investors breathed easier on Wednesday after reports that the long-awaited capital gains tax ordinance was finally signed by President Asif Ali Zardari; giving some certainty to investors over the issue. According to MR Securities, the bill is due to be tabled before the National […]
Karachi: Nishat Mills Limited (NML) is scheduled to announce its 9MFY12 results on Apr 27’12. According to AKD Securities, in this regard, AKD Securities estimates that NML will post NPAT of PkR3.15bn for 9MFY12 (EPS: PkR8.95), down by 9.6%YoY from NPAT of PkR3.48bn (EPS: PkR9.90) in the corresponding period last year. The decline is the […]
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