2017 December 20 : AsiaNet-Pakistan

Archive for December 20th, 2017

Prime Minister to launch road map for SME Finance Policy on 22nd December at State Bank of Pakistan

December 20, 2017 | General Business News

Karachi, December 20, 2017 (PPI-OT):The Union of Small and Medium Enterprises (UNISAME) has applauded Tariq Bajwa the Governor of the State Bank of Pakistan (SBP) for preparing the Road Map (RM) for the SME sector financing with the consensus of all the stakeholders and inviting the prime minister to launch it at a ceremony at …

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More reduction in exchange rate termed economic suicide

December 20, 2017 | General Business News

Karachi, December 20, 2017 (PPI-OT):The Businessmen Panel of the FPCCI on Wednesday said further erosion in the exchange rate on the directives of IMF will amount to economic suicide. The suggestion to upward revise the interest rate by the State Bank of Pakistan is against the national interest as it will result in the closure …

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Board of directors meeting of Jubilee Spinning and Weaving Mills Limited

December 20, 2017 | Board Meetings

Karachi, Jubilee Spinning and Weaving Mills Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on December 26, 2017 at Karachi for consideration and approval of the agenda items. Jubilee Spinning and Weaving Mills Limited is a company incorporated in Pakistan as a public limited company. The principal activity of the business is manufacturing and sale of textile products. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Karachi. The symbol “JUBS” is being used by the stock exchanges for the shares of Jubilee Spinning and Weaving Mills Limited.

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Pakistan Stock Exchange Limited Market Position on 20-12-2017

December 20, 2017 | General Business News

Karachi, December 20, 2017 (PPI-OT): DAILY STOCK MARKET REPORT Market Position Printed On DEC-20-2017 COMPANIES KSE KSE-30 KSE-100 KSE-ALLSHR KMI-30 BATi OGTi PSX-KMI POSITION INDICES INDEX INDEX INDEX INDEX INDEX INDEX INDEX Plus 131 Current 19069.69 38208.06 28367.24 64504.46 14688.69 19483.21 19430.10 Minus 187 Previous 18875.48 37919.42 28210.60 64491.29 14143.04 19309.73 19391.88 Unchanged 27 High …

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LG’s New Gram Offers Enhanced Portability and All-Round Top Performance

December 20, 2017 | General Business News

Karachi, December 20, 2017 (PPI-OT):At CES 2018, LG Electronics (LG) will unveil its latest LG gram laptops that deliver superior portability, enhanced powerful performance and convenience features. Since the incredibly lightweight laptop line debuted in 2014, LG has consistently surprised consumers by maximizing portability without sacrificing performance. The impressive successor to its previous line-up, the …

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Another bailout package, bonds auction seems imperative: Mian Zahid Hussain

December 20, 2017 | General Business News

Islamabad, December 20, 2017 (PPI-OT):President Pakistan Businessmen and Intellectuals Forum (PBIF), President AKIA, Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister Mian Zahid Hussain on Wednesday said the government will miss the target of six (06) percent growth in the GDP. The government will hardly achieve the growth rate of …

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State Bank of Pakistan clarifies financing gap numbers

December 20, 2017 | General Business News

Karachi, December 20, 2017 (PPI-OT):This is to clarify that the estimate of financing gap for FY18, attributed to Governor SBP, appearing in today’s newspapers is misconstrued. It appears that the numbers have been confused with the gross external financing requirements of the country. Financing gap is the difference between country’s estimated gross financing need and …

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State Bank of Pakistan clarifies financing gap numbers

December 20, 2017 | General Business News

Karachi, December 20, 2017 (PPI-OT):This is to clarify that the estimate of financing gap for FY18, attributed to Governor SBP, appearing in today’s newspapers is misconstrued. It appears that the numbers have been confused with the gross external financing requirements of the country. Financing gap is the difference between country’s estimated gross financing need and …

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State Bank of Pakistan conducts Open Market Operation

December 20, 2017 | General Business News

Karachi, December 20, 2017 (PPI-OT):State Bank of Pakistan conducted its Open Market Operation, Reverse Repo (Injection), in following contracts on December 20, 2017. Quotes received and accepted are as given below: A: OMOs NO OMO Tenor Range Number of Quotes Offered a 02 ­ Days (Injection) 5.92% – 5.78% 10 B: OMO RESULT (Rs. in …

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State Bank of Pakistan conducts Open Market Operation

December 20, 2017 | General Business News

Karachi, December 20, 2017 (PPI-OT):State Bank of Pakistan conducted its Open Market Operation, Reverse Repo (Injection), in following contracts on December 20, 2017. Quotes received and accepted are as given below: A: OMOs NO OMO Tenor Range Number of Quotes Offered a 02 ­ Days (Injection) 5.92% – 5.78% 10 B: OMO RESULT (Rs. in …

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Launching Ceremony of Business and Biodiversity Platform

December 20, 2017 | General Business News

Islamabad, December 20, 2017 (PPI-OT):IUCN (International Union for Conservation of Nature), the Port Qasim Authority (PQA) and leading private sector companies of Pakistan jointly launched Pakistan’s first Business and Biodiversity Platform (BBP) at a ceremony held at PQA. The Platform is a unique initiative focusing on nature conservation through the collective support of the private …

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Launching Ceremony of Business and Biodiversity Platform

December 20, 2017 | General Business News

Islamabad, December 20, 2017 (PPI-OT):IUCN (International Union for Conservation of Nature), the Port Qasim Authority (PQA) and leading private sector companies of Pakistan jointly launched Pakistan’s first Business and Biodiversity Platform (BBP) at a ceremony held at PQA. The Platform is a unique initiative focusing on nature conservation through the collective support of the private …

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