January 1, 2016 - AsiaNet-Pakistan

Archive for January 1st, 2016

State Bank of Pakistan issues regulations for Debt Property Swap

January 1, 2016 | General Business News

Karachi, January 01, 2016 (PPI-OT):State Bank of Pakistan with the purpose of ensuring consistency in the banking regulations and practices and to address the emerging challenges in a proactive manner regularly issues instructions to the banks/DFIs. Presently, keeping in view the rising trend in debt property swaps, it was decided to introduce a separate set …

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Islamabad Stock Exchange Market Statistics Report Friday January 01, 2016

January 1, 2016 | General Business News

Islamabad, January 01, 2016 (PPI-OT): MARKET TREND: Bullish COMPANIES TRADED: TOTAL PLUS MINUS EQUAL 137 115 -22 0 INDEX POSITION: INDEX Opening Closing Change ISE-10 Index: 2754.49 2781.35 26.86 INDEX Opening Closing Change IMI- 25 Index 2417.23 2450.94 33.71 TOTAL VOLUME: Previous Current Change 218,500 11,200 50,000 38,800 Previous Current Change B to B Volume …

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Huawei producing better and better devices with surprising regularity

January 1, 2016 | General Business News

Lahore, January 01, 2016 (PPI-OT): Huawei, a global technology giant, is going to mark 2016 with its incredible high technology products most likely the previous year. It has been observed even by the hypercritical technology analysts that Huawei is a technology master that has performed outstandingly in 2015. Among the competitor market, Apple and Samsung …

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Abdul Rauf Alam urges non-filers to avail Voluntary Tax Compliance Scheme

January 1, 2016 | General Business News

Karachi, January 01, 2016 (PPI-OT):Abdul Rauf Alam, newly elected President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has hailed the decision taken during the meeting of the small and medium scale traders with the Prime Minister Mian Muhammad Nawaz Sharif and the Finance Minister Senator Muhammad Ishaq Dar on Friday the 1st …

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Pakistan Credit Rating Agency Limited maintains stability rating of NAFA Financial Sector Income Fund

January 1, 2016 | General Business News

Lahore, January 01, 2016 (PPI-OT): The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of NAFA Financial Sector Income Fund (NFSIF) an open-end income fund, at ‘A+'(f) (Single A Plus ; fund rating). The fund’s rating denotes a strong capacity to manage relative stability in returns and low exposure to risks. The …

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Pakistan Credit Rating Agency Limited maintains stability rating of MCB Islamic Income Fund

January 1, 2016 | General Business News

Lahore, January 01, 2016 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has maintained the stability rating of MCB Islamic Income Fund (MCB-IIF), an open-end Shariah compliant income fund, at ‘AA- (f)’ (Double A Minus; fund rating). The fund’s rating denotes a very strong capacity to manage relative stability in returns and very low exposure to …

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Pakistan Credit Rating Agency Limited maintains stability rating of Lakson Money Market Fund

January 1, 2016 | General Business News

Lahore, January 01, 2016 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has maintained the stability rating of Lakson Money Market Fund (LMMF), an open-end money market fund, at ‘AA (f)’ (Double A; fund rating). The fund’s rating denotes a very strong capacity to manage relative stability in returns and very low exposure to risks. The …

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Pakistan Credit Rating Agency Limited maintains stability rating of JS Islamic Government Securities Fund

January 1, 2016 | General Business News

Lahore, January 01, 2016 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has maintained the stability rating of JS Islamic Government Securities Fund (JS IGSF), an open-end Shariah compliant income fund, at ‘AA- (f)’ (Double A Minus; fund rating). The fund’s rating denotes a very strong capacity to manage relative stability in returns and very low …

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Pakistan Credit Rating Agency Limited maintains stability rating of Lakson Income Fund

January 1, 2016 | General Business News

Lahore, January 01, 2016 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has maintained the stability rating of Lakson Income Fund (LIF), an open-end income fund, at ‘A+'(f) (Single A Plus ; fund rating). The fund’s rating denotes a strong capacity to manage relative stability in returns and low exposure to risks. The fund’s mandate is …

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Pakistan Credit Rating Agency Limited maintains stability rating of Faysal Savings Growth Fund

January 1, 2016 | General Business News

Lahore, January 01, 2016 (PPI-OT):The Pakistan Credit Rating Agency (PACRA) has maintained the stability rating of Faysal Savings Growth Fund (FSGF), an open-end income fund, at ‘AA-(f)’ (Double A minus; fund rating). The fund’s rating denotes a very strong capacity to manage relative stability in returns and very low exposure to risks. The investment objective …

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Pakistan Credit Rating Agency Limited maintains stability rating of Faysal Money Market Fund

January 1, 2016 | General Business News

Lahore, January 01, 2016 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has maintained the stability rating of Faysal Money Market Fund (FMMF), an open-end money market fund, at ‘AA+'(f) (Double A Plus; fund rating). The fund’s rating denotes a very strong capacity to manage relative stability in returns and very low exposure to risks. The …

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Pakistan Credit Rating Agency Limited maintains stability rating of Pakistan Income Fund

January 1, 2016 | General Business News

Lahore, January 01, 2016 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has maintained the stability rating of Pakistan Income (PIF), an open income fund, at ‘A+'(f) (Single A Plus ; fund rating). The fund’s rating denotes a strong capacity to manage relative stability in returns and low exposure to risks. The fund’s investment objective is …

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