October 20, 2014 - AsiaNet-Pakistan

Archive for October 20th, 2014

Dentsu Aegis Network seeks greater presence in Pakistan with Synergy Group

October 20, 2014 | General Business News

Karachi, October 20, 2014 (PPI-OT): Officials from Dentsu Aegis Network recently visited offices of Synergy Group Pakistan. The objective of the meeting was to strengthen partnership and enhance their scope of services in Pakistan. Speaking on his visit, Koji Watanabe, Managing Director of Dentsu MEA expressed, “Our partnership with Synergy Group’s media agency Synchronize Media …

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Competition Commission of Pakistan issues Show Cause Notice to Pakistan Automotive Manufacturers Authorized Dealers Association, its 44 members, for cartelization among Automobile Dealers

October 20, 2014 | General Business News

Islamabad, October 20, 2014 (PPI-OT): The Competition Commission of Pakistan (CCP) has issued show cause notices to Pakistan Automotive Manufacturers Authorized Dealers Association (PAMADA) and its 44 members for prima facie cartelization amongst automobile dealers in violation of Section 4 of the Competition Act, 2010. CCP took suo moto notice of allegations against PAMADA that …

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Government can earn more revenue from income tax on rentals income by adopting uniform rate of 10percent income tax: Zakaria Usman

October 20, 2014 | Industries

Lahore, October 20, 2014 (PPI-OT): Zakaria Usman, President FPCCI and ECO CCI stated that the government can earn more revenue from income tax on rentals income by adopting a uniform rate of 10% income tax rather to put the tax payers in different tax slabs and complex calculations of income tax on rentals. He said …

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Small and Medium Enterprises Development Program 2013-18 evolved by Small and Medium Enterprises Development Authority included in Government Vision 2025: Alamgir Chaudhry

October 20, 2014 | General Business News

Lahore, October 20, 2014 (PPI-OT): The five-year SME Development Program 2013-18 evolved by the Small and Medium Enterprises Development Authority (SMEDA) has been included in the Government Vision 2025 and SMEDA has decided to implement first phase of the program under the current annual plan chalked out for the year 2014-15. It was disclosed by …

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Pakistan Industrial and Traders Associations Front worried over cut in exports

October 20, 2014 | General

Lahore, October 20, 2014 (PPI-OT): LAHORE 20 October Pakistan Industrial and Traders Associations Front (PIAF) has expressed grave concern on ten percent decline in exports in first quarter of the financial year and sought the help of the Federal Finance Minister to reverse this phenomenon. While addressing a delegation of Manufacturers of Lahore Township Industrial …

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State Bank of Pakistan rates for conversion of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special United States Dollar Bonds and profit thereon October 20, 2014

October 20, 2014 | Financial Services

Karachi, October 20, 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 October 21, …

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Turkey being second fastest growing economy of world after China and first in European Union has a lot to offer to their Pakistani counterparts: Murat Agabay

October 20, 2014 | Industries

Lahore, October 20, 2014 (PPI-OT): Turkey for being second fastest growing economy of the world after China and first in the European Union has a lot to offer to their Pakistani counterparts therefore they should avail the opportunity through joint ventures. These views were expressed by the leader of 4-member Turkish delegation Murat Agabay while …

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Askari Investment Management – Daily Fund Prices for October 20, 2014

October 20, 2014 | Fund News

Karachi, October 20, 2014 (PPI-OT): Name of the Fund Date Offer Redemption Askari Sovereign Cash Fund (ASCF) October 21, 2014 103.1456 103.1456 Askari High Yield Scheme (AHYS) October 20, 2014 104.3888 102.3010 Askari Sovereign Yield Enhancer (ASYE) October 20, 2014 104.3508 103.0464 Askari Equity Fund (AEF) October 20, 2014 114.2670 111.9817 Askari Asset Allocation Fund …

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Faysal Asset Management Limited – Net Asset Value for October 20, 2014

October 20, 2014 | Fund News

Karachi, October 20, 2014 (PPI-OT): Name of the Fund Date Offer Redemption Faysal Asset Allocation Fund October 20, 2014 66.7800 66.7800 Faysal Balanced Growth Fund October 20, 2014 61.5500 61.5500 Faysal Financial Sector Opportunity Fund October 20, 2014 105.0100 103.2000 Faysal Income and growth Fund October 20, 2014 107.8500 107.8500 Faysal Islamic Savings Growth Fund …

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Atlas Asset Management – Daily Fund Price as on October 20, 2014

October 20, 2014 | Fund News

Karachi, October 20, 2014 (PPI-OT): Name of the Fund Date Offer Redemption NAV Atlas Money Market Fund October 20, 2014 515.78 515.78 515.78 Atlas Income Fund October 20, 2014 520.29 520.29 520.29 Atlas Stock Market Fund October 20, 2014 450.40 450.40 450.40 Atlas Islamic Income Fund October 20, 2014 514.82 514.82 514.82 Atlas Islamic Stock …

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UBL Fund Managers – Latest Fund Prices for October 20, 2014

October 20, 2014 | Fund News

Karachi, October 20, 2014 (PPI-OT): Name of the Fund Date Offer Redemption Price (Rs) Price (Rs) UBL Liquidity Plus Fund (ULPF) Class C October 21, 2014 103.0022 103.0022 UBL Money Market Fund (UMMF) October 21, 2014 104.4821 103.1107 United Stock Advantage Fund (USF) CLASS A October 20, 2014 51.1400 49.4900 UBL Government Securities Fund October …

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JS Investment Limited – Fund Prices as on October 20, 2014

October 20, 2014 | Fund News

Karachi, October 20, 2014 (PPI-OT): Name of the Fund Date Offer Redemption NAV Unit Trust of Pakistan October 20, 2014 136.71 132.72 132.72 JS Income Fund October 20, 2014 89.92 89.02 89.02 JS Islamic Government Securities Fund October 20, 2014 101.8 100.79 100.79 JS Islamic Fund October 20, 2014 74.57 72.39 72.39 JS Aggressive Asset …

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