Karachi, May 17, 2013 (PPI-OT): Zulfikar Thaver member National Committee Small and Medium Enterprises (NCSMEs), Ministry of Industries and Production (MOI and P) has urged Shahid Rashid, Secretary MOI and P to reform the NCSMEs in lieu of the challenges confronting the incoming government and remove political appointees and perpetual …

Lahore, May 17, 2013 (PPI-OT): Spencer and Company (Pakistan) Limited (SCL) made the final payment of its structured term loan facility (PKR 420mn); rated ‘AA’ (Double A), on May 16, 2013. Subsequent to the completion of the redemption process, the Pakistan Credit Rating Agency (PACRA) has withdrawn the rating of …

Karachi, May 17, 2013 (PPI-OT): Date Offer Redemption NAV Unit Trust of Pakistan May 17, 2013 142.93 138.76 138.76 JS Income Fund May 17, 2013 90.19 89.29 89.29 JS Islamic Fund May 17, 2013 71.92 69.82 69.82 JS Aggressive Asset Allocation Fund May 17, 2013 14.0 13.59 13.59 JS Fund …

Karachi, May 17, 2013 (PPI-OT): Summary Balance of Payments as per BPM5 (Million US Dollars) ITEM Jul-Jun Jul-Sep Oct-Dec Mar Jan-Mar Apr Jul-Apr FY12* FY11* FY13* FY13* FY13* FY13* FY13* FY13* FY12* Current account balance -4658 214 344 -157 -549 -1251 -354 -1418 -3354 Current account balance without off. transfers …

Karachi, May 17, 2013 (PPI-OT): S.I.T.E. Association of Industry has expressed serious concerns and reacted strongly on the announcement of 12 hours of load shedding by KESC, in two spells from 12:30 p.m. to 6p.m. and 11 p.m. to 5a.m. Previously KESC started unannounced load shedding from 13th April 2013 …