2014 February : AsiaNet-Pakistan

Archive for February, 2014

AKD Quotidian about — Fertilizer Numbers: Potential for higher imports in 2Q?

February 28, 2014 | Brokerage

Karachi, February 28, 2014 (PPI-OT): As per the latest numbers released by the National Fertilizer Development Centre (NFDC), total urea off take In the first month of CYI4 (Jan) stood at 6192k tons, an increase of 19.7%YoY. According to AKD Securities, the growth was led primarily by higher sales of EFERT following availability of feed …

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Morning Call about – Fauji Fertilizer Bin Qasim Limited Chemicals – Arif Habib Limited

February 28, 2014 | Brokerage

Karachi, February 28, 2014 (PPI-OT): DAP primary margins jumped by 16% – BUY! Phosphoric acid contract price for Fauji Fertilizer Bin Qasim (FFBL) was settled at USD 680/ton for 1QCY14, up 11% QoQ while still down 12% YoY. Accordingly FFBL has increased DAP prices by PKR 210/bag to maintain its primary margins for DAP. According …

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Rates for conversion of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates and Special US Dollar Bonds

February 28, 2014 | General Business News

Karachi, February 28, 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 March 3, …

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There exists huge potential for Pakistan and China to enhance beneficial cooperation, complement economies of each other: Cen Hongkai

February 28, 2014 | General Business News

Lahore, February 28, 2014 (PPI-OT): There exists a huge potential for Pakistan and China to further enhance beneficial cooperation and complement economies of each other, said Cen Hongkai, head of a 23-member delegation of Chinese entrepreneurs. He was speaking at the Lahore Chamber of Commerce and Industry on Friday. LCCI Senior Vice President Mian Tariq …

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Union of Small and Medium Enterprises urges finance minister to examine possibilities of financing small to medium sized sector by SME fund

February 28, 2014 | General Business News

Karachi, February 28, 2014 (PPI-OT): The Union of Small and Medium Enterprises urged the federal finance minister (FM) Ishaq Dar to examine the possibilities of financing the small to medium sized sector by an SME fund to promote venture capital under the umbrella and monitoring of the Small and Medium Enterprises Development Authority (SMEDA) which …

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5th Rental coupon rate of 3 – Year Government of Pakistan Ijara Sukuk

February 28, 2014 | General Business News

Karachi, February 28, 2014 (PPI-OT): 5th Rental coupon for 3-Year Government of Pakistan Ijara Sukuk GIS-10 (auction conducted on February 23, 2012) is as follows: Issue 5th Rental 5th Rental Coupon Coupon rate (%) * Payment date 03 -Yr Ijara Sukuk (GIS-10) 9.9775 02-September, 2014 * This profit rate will be applicable to all accepted …

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Gross Domestic Product grew by 5 percent: State Bank of Pakistan

February 28, 2014 | General Business News

Karachi, February 28, 2014 (PPI-OT): The State Bank of Pakistan released its First Quarterly Report for FY14 on the State of Economy, today. The report says that since macroeconomic indicators were favourable at the start of the year, the increase in real GDP growth in FY14 was discernible. Estimates for growth exceeded expectations: GDP grew …

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Rivers Flows and Reservoirs Level Report February 28, 2014

February 28, 2014 | Government Institutions

Lahore, February 28, 2014 (PPI-OT): The position of the river inflows/outflows and the reservoirs levels today is as under: Rivers Inflows Outflows Remarks (In Cusecs) (In Cusecs) Indus at Tarbela […]

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State Bank of Pakistan’s Open Market Operation (Outright Sale)

February 28, 2014 | Government Institutions

Karachi, February 28, 2014 (PPI-OT): State Bank of Pakistan conducted its Open Market Operation (Outright Sale) in following contracts on Feb 28, 2014, received and accepted as given below: A: […]

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Lahore Chamber of Commerce and Industry, Federal Board of Revenue to work hand-in-hand to raise tax-to-GDP ratio

February 28, 2014 | Chambers of Commerce, Fashion

Lahore, February 28, 2014 (PPI-OT): The Lahore Chamber of Commerce and Industry (LCCI) and the Federal Board of Revenue (FBR) on Friday decided to work hand-in-hand to raise tax-to-GDP ratio […]

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Draft bill for cyber crime a landmark achievement: Anusha Rahman

February 28, 2014 | Press Information Department

Islamabad, February 28, 2014 (PPI-OT): The Minister of State for IT Mrs.Anusha Rahman has said that it’s a great achievement of the Ministry of IT, that the comprehensive draft of […]

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Chinese Defence Minister calls on Prime Minister

February 28, 2014 | Press Information Department

Islamabad, February 28, 2014 (PPI-OT): Prime Minister Muhammad Nawaz Sharif has said that China and Pakistan enjoy a unique relationship. He deeply appreciated the Chinese support for the projects included […]

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