August 4, 2014 - AsiaNet-Pakistan

Archive for August 4th, 2014

I am deeply saddened to learn about loss of precious lives, property due to severe earthquake that hit South-Western Yunnan province of China on August 3: President

August 4, 2014 | Government Institutions

Islamabad, August 04, 2014 (PPI-OT): “Excellency, I am deeply saddened to learn about the loss of precious lives and property due to severe earthquake that hit South-Western Yunnan province on […]

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Sharjeel Memon laments on issuance of arrest warrants of Karachi Water and Sewerage Board Managing Director, chief engineers

August 4, 2014 | Government Institutions

Karachi, August 04, 2014 (PPI-OT): Sindh Minister for Local Government and Information Sharjeel Innam Memon has lamented over the issuance of Arrest warrant of the MD and Chief Engineers of […]

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Syed Aley Maqbool Rizvi will hear appeals on 9 August at Hyderabad

August 4, 2014 | Government Institutions

Karachi, August 04, 2014 (PPI-OT): Syed Aley Maqbool Rizvi, Hon’ble Chairman / Judge, Appellate Tribunal Local Councils Sindh, will hear appeals pertaining to Municipal Corporations, Municipal committees, Town committees, District […]

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State Bank of Pakistan’s Open Market Operations (Injection) result

August 4, 2014 | Financial Services

Karachi, August 04, 2014 (PPI-OT): State Bank of Pakistan conducted its Open Market Operation (Injection) in following contracts on Aug 04, 2014, received and accepted as given below: A: OMOs NO OMO Tenor Range Number of Quotes Offered a 04-Days (Injection) 9.95 ­ 9.80% 05 B: OMO RESULT (Rs. In Millions) No OMO Tenor Amount …

The post State Bank of Pakistan’s Open Market Operations (Injection) result appeared first on Business News Pakistan.

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Stakeholders collaborating to attend Small Medium Enterprises Forum 2014 in Karachi

August 4, 2014 | General Business News

Lahore, August 04, 2014 (PPI-OT): All key stakeholders are collaborating to impact the 8TH Pakistan SME Forum 2014 organized annually by SHAMROCK Conferences International (www.shamrockconferences.net) to be held on August 19, 2014 at the Marriott Hotel, Karachi. This year’s theme is “Bringing SMEs to the forefront of National Priorities”. The State Bank of Pakistan (SBP), …

The post Stakeholders collaborating to attend Small Medium Enterprises Forum 2014 in Karachi appeared first on Business News Pakistan.

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JCR-VIS revises Fund Stability Rating of United Bank Limited Liquidity Plus Fund

August 4, 2014 | General Business News

Karachi, August 04, 2014 (PPI-OT): JCR-VIS Credit Rating Company Limited has revised the Fund Stability Rating (FSR) of UBL Liquidity Plus Fund (ULPF) from ‘AA+(f)’ (Double A Plus (f)) to ‘AA (f)’ (Double A (f)). The rating action incorporates change in fund’s operational investment policy, whereby the 60-day cap on the fund’s duration has been …

The post JCR-VIS revises Fund Stability Rating of United Bank Limited Liquidity Plus Fund appeared first on Business News Pakistan.

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JCR-VIS reaffirms Fund Stability Rating of United Bank Limited Government Securities Fund

August 4, 2014 | General Business News

Karachi, August 04, 2014 (PPI-OT): JCR-VIS Credit Rating Co. Ltd. (JCR-VIS) has reaffirmed the Fund Stability Rating of UBL Government Securities Fund (UGSF) at ‘A+(f)’ (Single A Plus (f)). UGSF is designed to earn competitive returns while ensuring the element of capital protection by investing primarily in government securities. Investment guidelines of the fund state …

The post JCR-VIS reaffirms Fund Stability Rating of United Bank Limited Government Securities Fund appeared first on Business News Pakistan.

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Telenor Pakistan equips all its Sahulat Ghars with Biometric Verification System

August 4, 2014 | Telecommunication

Karachi, August 04, 2014 (PPI-OT): In line with its commitment to ensure higher accuracy of subscriber data, Telenor Pakistan has successfully completed the installation of Biometric Verification System (BVS) for activation of SIMs at all of its Sahulat Ghar outlets across Pakistan. It is pertinent to note here that Telenor Pakistan has been selling SIMs …

The post Telenor Pakistan equips all its Sahulat Ghars with Biometric Verification System appeared first on Business News Pakistan.

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Pakistan’s liquid foreign reserves position on August 04, 2014

August 4, 2014 | Financial Services

Karachi, August 04, 2014 (PPI-OT): The total liquid foreign reserves held by the country stood at US$14,340.6 million on 25July2014.The break-up of the foreign reserves position is as under: – i) Foreign reserves held by the State Bank of Pakistan: US$ 9,275.7 million ii) Net foreign reserves held by banks : US$ 5,064.9 million iii) …

The post Pakistan’s liquid foreign reserves position on August 04, 2014 appeared first on Business News Pakistan.

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Islamabad Stock Exchange Market Statistics Report Monday August 04, 2014

August 4, 2014 | General Business News

Islamabad, August 04, 2014 (PPI-OT): MARKET TREND: Bearish COMPANIES TRADED: TOTAL PLUS MINUS EQUAL 141 18 -123 0 INDEX POSITION: INDEX Opening Closing Change ISE-10 Index: 4700.16 4436.28 (131.88) ISE-25 Index: INDEX Opening Closing Change TOTAL VOLUME: 2223.79 2165.70 (58.09) Previous Current Change 750,000 13,700 (736,3000) VOLUME LEADERS: Company VOLUME of Shares Byco Petroleum 10,500 …

The post Islamabad Stock Exchange Market Statistics Report Monday August 04, 2014 appeared first on Business News Pakistan.

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Karachi Stock Exchange Stock Market Position on 04-08-2014

August 4, 2014 | General Business News

Karachi, August 04, 2014 (PPI-OT): DAILY STOCK MARKET REPORT Market Position Printed On August-04-2014 COMPANIES KSE KSE-30 KSE-100 KSE-ALLSHARES KMI-30 BATi OGTi POSITION INDICES INDEX INDEX INDEX INDEX INDEX INDEX Plus 39 Current 20626.45 29647.83 21810.03 47768.29 17850.75 22906.58 Minus 310 Previous 21081.23 30314.07 22264.59 48982.88 18041.76 23648.63 Unchanged 13 High 21081.23 30314.07 22264.59 48982.88 …

The post Karachi Stock Exchange Stock Market Position on 04-08-2014 appeared first on Business News Pakistan.

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Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 04-08-2014

August 4, 2014 | General Business News

Karachi, August 04, 2014 (PPI-OT): CROP 2013-2014 PART – I SPOT RATES KCA Official Spot Rate for Local Dealings in Pak Rupees FOR BASE GRADE 3 (THREE) STAPLE LENGTH 1-1/16″ MICRONAIRE VALUE BETWEEN 3.8 To 4.9 NCL Rate Ex-Gin Price Up-country Spot Rate Spot Rate Difference for Expenses Ex-Karachi Ex. KHI. As on In Rs. …

The post Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 04-08-2014 appeared first on Business News Pakistan.

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