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Daily Archives: January 29, 2014

Pakistan Telecommunication Company Limited inks agreement to build one of the largest Submarine Cable System

Karachi, January 29, 2014 (PPI-OT): Pakistan Telecommunication Company Limited (PTCL), the largest ICT service provider in Pakistan, is investing in one of the largest international submarine cable consortium system, in collaboration with the leading telecom operators of the world. The undersea cable system encompasses a multimillion dollar investment and will enable Pakistan to meet its ...

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Pakistan Industrial and Traders Associations Front welcomes Prime Minister’s gesture for peace and terms it a ray of hope to promote trade and economic activities in the country

Lahore, January 29, 2014 (PPI-OT): Pakistan Industrial and Traders Associations Front (PIAF) has welcomed the Prime Minister Nawaz Sharif gesture for peace and termed it a ray of hope for peace that is must to promote trade and economic activities in the country. In a statement issued here Wednesday, Chairman PIAF Malik Tahir Javed said ...

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Industrialization is way forward to strengthen country’s economy: Kalsoom Perveen

Islamabad, January 29, 2014 (PPI-OT): Industrialization is the way forward to strengthen the country’s economy and we are working vigorously for an industrial estate in this region to encourage new investment and create jobs, said Ms. Kalsoom Perveen, Senator and Chairperson, Senate’s Standing Committee on Cabinet Secretariat while addressing business community at Islamabad Chamber of ...

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Conversion rates of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar Bonds and profits by all banks

Karachi, January 29, 2014 (PPI-OT): The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special U.S Dollar Bonds and profit thereon by all banks and for providing Forward Cover on Foreign Currency Deposits (excluding F.E-25 deposits) by the State Bank on January 30, ...

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Pakistan Institute of Corporate Governance holds conference on Generalized System of Preferences-Plus

Karachi, January 29, 2014 (PPI-OT): The Pakistan Institute of Corporate Governance (PICG) held a conference on GSP (Generalized System of Preferences) Plus – Opportunities Through Good Governance at Marriott Hotel, Karachi on January 29th, 2014. The conference was sponsored by Habib Metropolitan Bank with Summit Bank Limited as co-sponsor. Participants included representatives from Swiss and ...

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State Bank of Pakistan allows trading of Government Securities

Karachi, January 29, 2014 (PPI-OT): In order to further broaden the investor base of Government securities, State Bank of Pakistan has decided to allow trading of Government Securities (Market Treasury Bills, Pakistan Investment Bonds and GOP Ijara Sukuk) on the Stock Exchanges. However, the current OTC market of Government Securities and all its associated platforms ...

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