2018 January 04 : AsiaNet-Pakistan

Archive for January 4th, 2018

Islamabad Chamber of Commerce and Industry for promoting academia-industry linkages to make Pakistan top ranked economy

January 4, 2018 | General Business News

Islamabad, January 04, 2018 (PPI-OT):The developed world has achieved phenomenal economic growth by promoting academia-industry linkages, therefore, private sector and universities should join hands to promote this model in our country that was imperative to make Pakistan one of the top ranked economies of the world. This was stressed by Sheikh Amir Waheed, President, Islamabad …

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Pakistan Stock Exchange Limited Market Position on 04-01-2018

January 4, 2018 | General Business News

Karachi, January 04, 2018 (PPI-OT): DAILY STOCK MARKET REPORT Market Position Printed On Jan-04-2018 COMPANIES KSE KSE-30 KSE-100 KSE-ALLSHR KMI-30 BATi OGTi PSX-KMI POSITION INDICES INDEX INDEX INDEX INDEX INDEX INDEX INDEX Plus 200 Current 21166.80 41908.71 30483.43 71225.97 16335.68 20841.51 20886.58 Minus 142 Previous 20915.71 41544.27 30242.36 70668.05 16053.23 20725.79 20708.66 Unchanged 22 High …

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Sindh Government to set up business facilitation desk in KCCI: Sindh Board of Investment Chief

January 4, 2018 | General Business News

Karachi, January 04, 2018 (PPI-OT):The Government of Sindh will establish a business facilitation desk including a business registration portal in the Karachi Chamber of Commerce and Industry (KCCI), said Chairperson Sindh Board of Investment (SBI), Ms. Naheed Memon. The desk will facilitate the registration of business with all the concerned provincial departments through the business …

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Sindh Board of Investment Chief for simplifying issuance of permit for new businesses

January 4, 2018 | General Business News

Karachi, January 04, 2018 (PPI-OT):Chairperson Sindh Board of Investment (SBI), Ms. Naheed Memon on Thursday suggested that all those business which are not hazardous for the environment be exempted from the No Objection Certificate (NOC), from the Environmental Protection Agency (EPA). The step would help the potential businessmen of such businesses which are not hazardous …

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Rana Muhammad Afzal Khan, Minister of State for Finance visit to Pakistan Stock Exchange

January 4, 2018 | General Business News

Karachi, January 04, 2018 (PPI-OT):Rana Muhammad Afzal Khan, Minister of state for Finance visited Pakistan Stock Exchange (PSX) today to meet members of the Board of Directors of PSX, market participants and senior stakeholders. Mr. Muneer Kamal, Chairman PSX Board welcomed the Hon’ble guest and thanked him for taking own initiative to visit PSX. Mr. …

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FPCCI condemns allegation of rigging in the Election of Women Vice President

January 4, 2018 | General Business News

Karachi, January 04, 2018 (PPI-OT):FPCCI has condemned the allegation of rigging in election of women vice president published in some section of newspapers which is false, baseless and contrary to the facts. The FPCCI further said that overall election of FPCCI for the year 2018 including the election of Women Vice President were held in …

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President FPCCI appeals Chief Minister Sindh to unveil water plan for Karachi immediately

January 4, 2018 | General Business News

Karachi, January 04, 2018 (PPI-OT):Ghazanfar Bilour, President, Federation of Pakistan Chambers of Commerce and Industry has appealed Chief Minister of Sindh Syed Murad Ali Shah to chalk out plan for availability of water in Karachi in light of directions of the Supreme Court of Pakistan at the earliest so that unrest created among builders and …

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Governor Bajwa urges business community and banks to ensure smooth implementation of SME finance policy

January 4, 2018 | General Business News

Karachi, January 04, 2018 (PPI-OT):“I believe that with active support of business community and banking sector, SME finance policy recently launched by the Prime Minister will achieve its desired objectives”, said the Governor SBP while chairing a meeting held at SBP (BSC) Sukkur. The meeting was attended by the presidents, vice presidents and general secretaries …

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Pakistan’s Liquid Foreign Reserves Position

January 4, 2018 | General Business News

Karachi, January 04, 2018 (PPI-OT):The total liquid foreign reserves held by the country stood at US$20,154.3 million on 29 December 2017. The break-up of the foreign reserves position is as under:- i) Foreign reserves held by the State Bank of Pakistan: US$ 14,106.7 million ii) Net foreign reserves held by commercial banks: US$ 6,047.6 million …

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JCR-VIS assigns initial Entity Rating to Shajar Roads Limited

January 4, 2018 | General Business News

Karachi, January 04, 2018 (PPI-OT):JCR-VIS Credit Rating Company Limited has assigned initial Entity Rating of ‘A/A-2’ (Single A/A-Two) to Shajar Roads Limited (SRL). Outlook on the assigned ratings is ‘Stable’. SRL is a public unlisted company established to undertake dualization and oversee management and maintenance of existing 43km Sheikhupura – Gujranwala Road (SGR). The company …

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State Bank of Pakistan conducts Open Market Operation

January 4, 2018 | General Business News

Karachi, January 04, 2018 (PPI-OT):State Bank of Pakistan conducted its Open Market Operation, Repo (Mop up), in following contracts on January 04, 2018. Quotes received and accepted are as given below: A: OMOs NO OMO Tenor Range Number of Quotes Offered a 01 ­ Day (Mop up) 5.49% – 5.79% 11 B: OMO RESULT (Rs. …

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Prime Minister welcomes Enhanced Trade and Investment Ties between Pakistan and Japan

January 4, 2018 | General Business News

Islamabad, January 04, 2018 (PPI-OT):The Minister for Foreign Affairs of Japan, Mr. Taro Kono, who is on a visit to Pakistan, called on Prime Minister Shahid Khaqan Abbasi at the Prime Minister’s Office today. Welcoming the Japanese Foreign Minister and his delegation to Pakistan, the Prime Minister stated that the Government and people of Pakistan …

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