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Lahore, June 16, 2015 (PPI-OT): UBL Fund Managers Limited (UBL Funds) announced the launch of the Al-Ameen Islamic Active Allocation Plan –I (AIActAP-I), under the Al-Ameen Islamic Financial Planning Fund. The plan is now open for subscription. The Al-Ameen Islamic Active Allocation Plan –I (AIActAP-1) offers a unique one of its kind plan for investors ...
Read More »Daily Archives: June 16, 2015
Committee to examine police funds demanded, Korangi Association of Trade and Industry underscores need for judicious allocations
Karachi, June 16, 2015 (PPI-OT): Chairman, Law and Order Standing Committee of Korangi Association of Trade and Industry (KATI), Nadeem Khan has emphasized the need of examining the expenditure made from the allocation of funds for police in Sindh budget in last few years. Commenting on Rangers DG Major General Bilal Akbar statement in which ...
Read More »Students of Punjab Group of Colleges-Okara visits Lahore Stock Exchange
Lahore, June 16, 2015 (PPI-OT): A General Visit by the students of Punjab Group of Colleges, Okara has been organized by the corporate communications Department Lahore Stock Exchange where LSE’s officials interacted with the students. Managing Director and Chief Executive Officer of the Lahore Stock Exchange Mr. Aftab Ahmed Chaudhry was the chief guest. At ...
Read More »UBL Fund Managers Limited and Karachi Stock Exchange to jointly launch Pakistan’s first Co-Branded Bond Market Index – KSE UBL Funds Government Bond Index
Karachi, June 16, 2015 (PPI-OT): The Karachi Stock Exchange (KSE) and UBL Fund Managers Limited (UBL Funds) signed a Memorandum of Understanding (MoU) to launch Pakistan’s first Co-Branded Bond Market Index “KSE UBL Funds Government Bond Index” to its family of indices. The MoU was signed at a ceremony held at the KSE premises on ...
Read More »Capture What You See, Huawei P8 seizes real life moments
Lahore, June 16, 2015 (PPI-OT): While going on a picnic with family or on a party with friends, Huawei P8 is the one spot gadget to carry with you because this feature loaded Smartphone would make sure that you don’t miss any single memory. With the manual operation shutter function, more fun elements have been ...
Read More »Government must reconsider imposition of additional taxes on some sectors
Islamabad, June 16, 2015 (PPI-OT): President Pakistan Businessmen and Intellectuals Forum (PBIF) and former provincial minister Mian Zahid Hussain on Tuesday asked the government to reconsider burdening vital sectors by imposing additional taxes on them as it can result in a taxation crisis. Some critical sectors have reservations over taxes introduced in the recent federal ...
Read More »Performance of banking sector continued to improve: Quarterly Performance Review of Banking System for March, 2015 quarter
Karachi, June 16, 2015 (PPI-OT): The Quarterly Performance Review of the Banking System for the quarter ended 31st March, 2015 released by SBP today highlighted that the banking system posted profit before tax of PKR 80 billion over the quarter indicating YoY growth of 58 percent. Accordingly, Return on Assets (ROA) increased to 2.6 percent ...
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