October 27, 2014 - AsiaNet-Pakistan

Archive for October 27th, 2014

Islamabad Chamber of Commerce and Industry shows concern over rising public debt

October 27, 2014 | Industries

Islamabad, October 27, 2014 (PPI-OT): Islamabad Chamber of Commerce and Industry has shown great concerns over the rising public debt which has jumped over Rs.15 trillion by the close of July 2014 and called upon the government to take urgent measures to reduce the debt burden as it would affect the economic development, give rise …

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Commercial import of Liquefied Natural Gas from Port Qasim to start from January – CEO Engro Vopak

October 27, 2014 | General Business News

Islamabad, October 27, 2014 (PPI-OT): The first commercial import of Liquefied Natural Gas (LNG) will start from second week of January 2015, said a senior official of Engro Vopak Company here at Port Qasim the other day. “All remaining work including jetty of the LNG facility from the ships will be completed at Elengy terminal …

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Global Islamic Microfinance Forum Ready to Set New Standards Forum will be held in Dubai and delegates from 25 countries will participate into it

October 27, 2014 | General Business News

Lahore, October 27, 2014 (PPI-OT): 4th Global Islamic Microfinance Forum is going to be held on 1-2 November in Dubai to apply new standards in international Islamic microfinance organizations. The purpose of this forum is to generate new standards, dealing with Shariah issues, capacity building and empowering the man power into this industry. Apart from …

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Areas of defence and defence production discussed with Nigeria

October 27, 2014 | General Business News

Islamabad, October 27, 2014 (PPI-OT): Federal Ministers Rana Tanveer Hussain and Khawaja Muhammad Asif in separate meetings with Air Marshal Adesola Nunayun AMOSU, Chief of Air Staff, Nigerian Air Force discussed areas of defence and defence production and stressed that defence ties between the countries need enhancement. Khawaja Muhammad Asif during his meeting stressed that …

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Foreign investors visiting Karachi to get security: Director General Rangers

October 27, 2014 | Industries

Karachi, October 27, 2014 (PPI-OT): Director General of Pakistan Rangers Sindh, Maj. Gen. Bilal Akbar has said that Rangers Special Task Cell will be providing security to foreign investors visiting Karachi with a view to create a sense of security and a business friendly environment in this important city of the country. Speaking at a …

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Friendship between China and Pakistan will touch the new heights with completion of Pak-China Economic Corridor: Prof. Ahsan Iqbal

October 27, 2014 | General Business News

Islamabad, October 27, 2014 (PPI-OT): “Pakistan offers best investment prospects and policies of government have put Pakistan among top countries that have gained positive perception in last one year. The all-weather friendship between China and Pakistan will touch the new heights with completion of Pak-China Economic Corridor as this project will have profound impact not …

The post Friendship between China and Pakistan will touch the new heights with completion of Pak-China Economic Corridor: Prof. Ahsan Iqbal appeared first on Business News Pakistan.

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Lahore Stock Exchange holds COP-FLI sessions of campus outreach program for Institute of Business and Administration, Punjab University, Lahore

October 27, 2014 | General Business News

Lahore, October 27, 2014 (PPI-OT): The first and second session of Financial Literacy initiative under Campus Outreach Program is held for the students of IBA – Punjab University, Lahore, in collaboration with South Asian Federation of Exchange (SAFE). At the event Corporate Communications Department-LSE gave a detailed presentation covering all spheres of capital and financial …

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Pakistan and Afghanistan should form Custom Union, said Zakaria Usman, President FPCCI and ECO CCI

October 27, 2014 | Industries

Karachi, October 27, 2014 (PPI-OT): Pakistan is most important trade partner of Afghanistan but the bilateral trade between the two countries is not reflecting its true potentials. The business community is facing various problems in trade through APTTA. Theses NTBs and other obstacles should be removed to get the clear path for development of trade …

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Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 27-10-2014

October 27, 2014 | General Business News

Karachi, October 27, 2014 (PPI-OT): CROP 213-214 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. …

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Karachi Stock Exchange Stock Market Position on 27-10-2014

October 27, 2014 | General Business News

Karachi, October 27, 2014 (PPI-OT): DAILY STOCK MARKET REPORT Market Position Printed On OCT-27-2014 COMPANIES KSE KSE-30 KSE-100 KSE-ALLSHARES KMI-30 BATi OGTi POSITION INDICES INDEX INDEX INDEX INDEX INDEX INDEX Plus 164 Current 20074.26 30238.96 22240.34 48577.92 17734.87 20195.71 Minus 208 Previous 19977.30 30098.49 22178.77 48246.10 17706.54 20265.70 Unchanged 24 High 20095.61 30253.65 22272.36 48617.34 …

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Islamabad Stock Exchange Market Statistics Report Monday October 27, 2014

October 27, 2014 | General Business News

Islamabad, October 27, 2014 (PPI-OT): MARKET TREND: Bearish COMPANIES TRADED: TOTAL PLUS MINUS EQUAL 155 67 -88 0 INDEX POSITION: INDEX Opening Closing Change ISE-10 Index: 4155.83 4140.72 15.11 ISE-25 Index: INDEX Opening Closing Change 2036.78 2038.39 1.61 TOTAL VOLUME: Previous Current Change 7,000 113,300 106,300 VOLUME LEADERS: Company VOLUME of Shares K-Electric 100,000 PIA …

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PICIC Asset Management Company Limited – Daily Fund Prices PKR as of October 27, 2014

October 27, 2014 | Fund News

Karachi, October 27, 2014 (PPI-OT): Name of the Fund Date Offer Redemption NAV PICIC Income Fund October 28, 2014 105.2725 103.9728 PICIC Cash Fund October 27, 2014 104.1018 103.0711 PICIC Stock Fund October 27, 2014 118.3113 114.8653 PICIC Energy Fund October 27, 2014 11.2325 10.9053 PICIC Islamic Income Fund October 27, 2014 104.1646 102.6252 PICIC …

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