Daily Archives: August 3, 2015

Declaration of Close Period of Pakistan Oilfields Limited

Karachi: Pakistan Oilfields Limited informed Karachi Stock Exchange about the close period Company has declared the close period from August 05, 2015 to August 13, 2015. Pakistan Oilfields Limited was incorporated in Pakistan on November 25, 1950. It is a subsidiary of the Attock Oil Company Limited. In 2005 the company acquired 25% shares within National Refinery Limited. This enabled the company in acquiring a refining complex which manufactures fuel products and lube base oils. The company is listed on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Rawalpindi. The operations of the company include exploration and production of oil and gas. It also manufactures LPG, solvent oil and sulphur. The existing brand of the company is named POLGAS and subsidiary brand CAPGAS private limited. The symbol “POL” is being used by the stock exchange for the shares of Pakistan Oilfields Limited.

Read More »

Conversion rates of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special United States Dollar Bonds and profit thereon August 03, 2015

Karachi, August 03, 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 August 4, ...

Read More »

Role of Army in rebuilding Federally Administered Tribal Areas lauded

Islamabad, August 03, 2015 (PPI-OT): Under the directives of COAS General Raheel Sharif, Army has been playing a very positive role in rebuilding Federally Administered Tribal Areas (FATA) and providing relief to Temporary Displaced People (TDPs), a business leader said Monday. The sacrifices of Army has changed the situation in FATA to an extent that ...

Read More »

Chamber of Commerce and Industry chief calls for knowledge based economy

Lahore, August 03, 2015 (PPI-OT): Knowledge based economy is only way to cope with the challenges posed by the rapidly changing global scenario. It will also help overcome various internal issues like decline in exports, energy crisis, lowest tax-to-GDP ratio, inefficiency of Public Sector Entities, brain-drain, shortage of skilled human resources and low industrial production ...

Read More »

Meeting of United State Consulate general economic officer with Pakistan Afghanistan Joint Chamber of Commerce and Industry President and Directors at Karachi office

Karachi, August 03, 2015 (PPI-OT): Pakistan Afghanistan Joint Chamber of Commerce and Industry (PAJCCI) would take all steps to promote bilateral trade across the borders of Pakistan and Afghanistan and to bring the parallel trade into documented economy; therefore it is imperative to point out smuggling prone items and to made fiscal reforms to encourage ...

Read More »