2018 January 05 : AsiaNet-Pakistan

Archive for January 5th, 2018

Pakistan Stock Exchange Limited Market Position on 05-01-2018 – Press Release issued by Pakistan Stock Exchange Limited

January 5, 2018 |

Karachi, January 05, 2018 (PPI-OT): DAILY STOCK MARKET REPORT Market Position Printed On Jan-05-2018 COMPANIES KSE KSE-30 KSE-100 KSE-ALLSHR KMI-30 BATi OGTi PSX-KMI POSITION INDICES INDEX INDEX INDEX INDEX INDEX INDEX INDEX Plus 282 Current 21457.95 42523.99 30877.05 72115.19 16669.27 20757.29 21154.77 Minus 86 Previous 21166.80 41908.71 30483.43 71225.97 16335.68 20841.51 20886.58 Unchanged 20 High …

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JazzCash and Bank Alfalah Securing Funds Transfer across Pakistan

January 5, 2018 | General Business News

Karachi, January 05, 2018 (PPI-OT):In an industry first move, JazzCash and Bank Alfalah are set to empower its customers to transfer funds to people’s CNIC through Alfalah Internet Banking. The service known as ‘Pay Anyone’ will enable people across Pakistan to collect funds sent on their CNIC from JazzCash agents. The service allows Bank Alfalah …

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Stakeholders Consultative Session for Strategic Trade Policy Framework 2018-23

January 5, 2018 | General Business News

Karachi, January 05, 2018 (PPI-OT):Ministry of Commerce and Textile, Trade Development Authority of Pakistan and USAID jointly organized consultative sessions for formulating Strategic Trade Policy Framework 2018-23 with stakeholders. The first consultative session has been held at Marriott Hotel Karachi – which was chaired by Secretary Commerce, Mohammad Younus Dagha. The representative from FPCCI, KCCI, …

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Top CEO’s and leaders converge at Telenor Campus, Discuss business challenges in the new digital age

January 5, 2018 | General Business News

Islamabad, January 05, 2018 (PPI-OT):Country’s foremost digital service provider Telenor Pakistan in association with Corporate Pakistan Group (CPG), a coalition of corporate leaders, hosted an exclusive forum led by Stephen Brobst, the global Chief Technology Officer (CTO) Teradata Corporation, on digitization and leadership in the digital age. This session is in line with Telenor Pakistan’s …

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CPEC is the road to economic development: Rana Afzal

January 5, 2018 | General Business News

Islamabad, January 05, 2018 (PPI-OT):CPEC is the road to economic development and prosperity; not only for Pakistan and China but also for the whole region. It will bring economic opportunities for different countries in the region. This was stated by Minister of State for Finance and Economic Affairs, Rana Muhammad Afzal Khan while speaking as …

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Daraz website records 151 million visits in 2017

January 5, 2018 | General Business News

Lahore, January 05, 2018 (PPI-OT):In 2017, you visited us 151 million times. You searched through our million plus products, 55 million times. You came, you searched, we delivered. The year saw us launch D-Mart, making Daraz your go-to place for daily essentials. We introduced you to new brands like Xiaomi and Elephone, all the while …

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CPEC Industrial Cooperation; Private Sector to play proactive role: Secretary Planning CPEC is a game changer and future of the new generation: Business Community

January 5, 2018 | General Business News

Islamabad, January 05, 2018 (PPI-OT):The Secretary Planning, Development and Reform (PD and R), Shoaib Ahmad Siddiqui has said that CPEC is moving to next stage of development by entering into industrialization phase where Pakistan’s private sector has to play a leading and proactive role. He expressed these views while addressing a consultative meeting of Islamabad …

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Board of directors meeting of Agritech Limited

January 5, 2018 | Board Meetings

Karachi, Agritech Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 12, 2018 at Lahore to discuss and approve Budget Bases and Annual Budget for Financial Year 2018. Further, the company has declared the closed period from January 05, 2018 to January 12, 2018. Agritech Limited Pakistan was incorporated in Pakistan on December 15, 1959 as an unlisted Public Limited Company under the Companies Ordinance 1984. It is a wholly owned subsidiary of National Fertilizer Corporation of Pakistan Private Limited, a Government owned Corporation, until July 15, 2006. Later amalgamation of Hazara Phosphate Fertilizers Private Limited, a wholly owned subsidiary of the Company took place dated May 23, 2012. The company stocks are quoted on the Karachi Stock Exchange. The registered head office of the company is located in Lahore. The principal business of the company is the production of Urea and Granulated Single Super Phosphate fertilizer. The products of the company include Tara urea, Tara SSP and DAP. The symbol “AGL” is being used by the stock exchange for the shares of Agritech Limited.

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ICCI shows concerns over 41 percent rise in foreign debt during last 4 years

January 5, 2018 | General Business News

Islamabad, January 05, 2018 (PPI-OT):The Islamabad Chamber of Commerce and Industry has shown great concerns over the constant rise in foreign debt which has increased by more than 41 percent during the last four years and called upon the government to focus on generating indigenous resources to reduce heavy reliance on foreign debt as the …

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Miftah Ismail felicitates United Business Group, Bilour on success in FPCCI elections

January 5, 2018 | General Business News

Islamabad, January 05, 2018 (PPI-OT):Adviser to Prime Minister on Finance, Economic Affairs and Revenue, Dr. Miftah Ismail has felicitated Mr. Ghazanfar Bilour over his election as President, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) for the year 2018. The Adviser said election of Mr. Ghazanfar Bilour was an acknowledgement of his experience in …

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Pak-China Currency Swap Agreement termed a brilliant move: Mian Zahid Hussain

January 5, 2018 | General Business News

Islamabad, January 05, 2018 (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 Friday termed Pak-China Currency Swap Agreement (CSA) a brilliant move. The business community welcomes the deal which will reduce country’s dependence on the US which …

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Pak-China Currency Swap Agreement termed a brilliant move: Mian Zahid Hussain

January 5, 2018 | General Business News

Islamabad, January 05, 2018 (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 Friday termed Pak-China Currency Swap Agreement (CSA) a brilliant move. The business community welcomes the deal which will reduce country’s dependence on the US which …

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