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Daily Archives: April 6, 2015

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 April 06, 2015

Karachi, April 06, 2015 (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 April 7, ...

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Divestment of Government of Pakistan’s shares in Habib Bank Limited – floor price approved

Islamabad, April 06, 2015 (PPI-OT): The CCoP in its meeting chaired by the Finance Minister, Senator Mohammad Ishaq Dar after detailed deliberations here on Monday approved the floor price of Rs.166 per share for divestment of GoP residual shares in HBL with base size of 250 million shares. According to the approved Offer for Sale ...

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Sri Lankan President’s visit to Pakistan to further strengthen economic ties between the two countries and help overcome poverty challenges: Ijaz A. Mumtaz

Lahore, April 06, 2015 (PPI-OT): Sri Lankan President Maithripala Sirisena’s visit to Pakistan would further strengthen the economic ties between the two countries and help overcome poverty challenges. In a statement issued here Monday, president of the Lahore Chamber of Commerce and Industry (LCCI) Ijaz A. Mumtaz said that visit of Sri Lankan president to ...

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Securities and Exchange Commission of Pakistan revokes licenses of 108 not for profit companies

Islamabad, April 06, 2015 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) in exercise of powers under section 42 (4) of the Companies Ordinance, 1984 has revoked licence of 108 defaulter (Not for profit) companies registered with the SECP under section 42 of the Ordinance 1984. The licensed organizations are under obligation to comply ...

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Ghazanfar Ali Khan appointed Chairman Federation of Pakistan Chambers of Commerce and Industry’s body on automotive industry for 2015

Karachi, April 06, 2015 (PPI-OT): The President FPCCI Mian Muhammad Idrees has appointed Ghazanfar Ali Khan as Chairman of FPCCI Standing Committee on Automotive Industry for the year 2015 and advised him to keep close liaison with all concerned quarters both in Public and Private sector to resolve the issues of the business community. Ghazanfar ...

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Lasbela Chamber’s contribution to exchequer crosses Rs32 billion: Ismail Suttar

Karachi, April 06, 2015 (PPI-OT): The only major industrial estate in Balochistan Lasbela Chamber of Commerce and Industry’s contribution to the national exchequer has crossed the figure of Rs32 billion while the second phase of the industrial zone will achieve the new record of revenue from the taxes, this was stated by Ismail Suttar, Chairman ...

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