2018 January 26 : AsiaNet-Pakistan

Archive for January 26th, 2018

#MCBSuperSavers – Get Additional 30% OFF on All MCB Debit/Credit Cards

January 26, 2018 |

Karachi, January 26, 2018 (PPI-OT):“Sales” and “discounts” are the sweetest words for dedicated online shoppers. Yayvo.com which is among the most trustworthy online shopping portals of Pakistan is always facilitating its customers in one way or another. On every occasion …

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PACRA Maintains Ratings of Ibrahim Fibres Limited

January 26, 2018 | General Business News

Lahore, January 26, 2018 (PPI-OT):The ratings reflect IFL’s (i) robust ownership profile (Ibrahim group) that has demonstrated strong support, (ii) leading market position in the local polyester staple fibre (PSF) industry, and (iii) intentions to keep leveraging at low levels. …

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Monetary Policy Statement

January 26, 2018 | General Business News

Karachi, January 26, 2018 (PPI-OT):Pakistan’s economic growth is on track to achieve its highest level in the last eleven years. Average headline inflation remains within the forecast range of SBP, but core inflation has continued to increase. Fiscal deficit for …

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State Bank of Pakistan conducts Open Market Operation

January 26, 2018 | General Business News

Karachi, January 26, 2018 (PPI-OT):State Bank of Pakistan conducted its Open Market Operation, Reverse Repo (Injection), in following contracts on January 26, 2018. Quotes received and accepted are as given below:

A: OMOs

       NO                 OMO Tenor                      Range               Number of Quotes 

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PACRA Upgrades Entity Ratings of Engro Polymer and Chemicals Limited

January 26, 2018 | General Business News

Lahore, January 26, 2018 (PPI-OT):The ratings recognize Engro Polymer’s established foothold in the local PVC segment and in caustic soda market. This emanates from efficient production process, sound technological infrastructure, and effective control environment. EPCL is the only manufacturer of …

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JCR-VIS Reaffirms Entity Ratings of Muhammad Shafi Tanneries (Private) Limited

January 26, 2018 | General Business News

Karachi, January 26, 2018 (PPI-OT):JCR-VIS Credit Rating Company Limited has reaffirmed the entity ratings of Muhammad Shafi Tanneries (Private) Limited (MSTL) at ‘A-/A-2’ (Single A Minus/A-Two). Outlook on the assigned rating is ‘Stable’. The previous rating action was announced on …

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PIA to introduce new destinations, increase flights to Saudi Arabia and China

January 26, 2018 | General, Official News

Karachi, January 26, 2018 (PPI-OT):PIA is planning to introduce new destinations and increase its flights to Saudi Arabia and China. This decision has been taken after comprehensive analysis and detailed evaluation of existing network, as said by PIA Spokesperson. He …

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Public Private Partnership Policy Board approves construction of Malir Expressway project

January 26, 2018 | Ministries, Official News

Karachi, January 26, 2018 (PPI-OT):Sindh Chief Minister Syed Murad Ali Shah has said that Karachi is most important city in terms of its industrial areas, ports and population, therefore it needs major expressway and roads. This he said while presiding …

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Wildlife hunting shooting season 2017-18 ends in Sindh

January 26, 2018 | Ministries, Official News

Karachi, January 26, 2018 (PPI-OT):The Government of Sindh, Wildlife Department has announced for the information of general public that the schedule for hunting shooting season 2017-18 started from 19th November 2017 till last Sunday of 21st January 2018. Now the …

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Monetary Policy Statement

January 26, 2018 | General, Official News

Karachi, January 26, 2018 (PPI-OT):Pakistan’s economic growth is on track to achieve its highest level in the last eleven years. Average headline inflation remains within the forecast range of SBP, but core inflation has continued to increase. Fiscal deficit for …

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Karachi Water and Sewerage Board expedites New Water Connections to make Doing Business Easier

January 26, 2018 | Ministries, Official News

Karachi, January 26, 2018 (PPI-OT):Karachi Water and Sewerage Board (KWSB) has notified reduction in timeframe for obtaining a commercial connection. Applicants will now be able to receive Water and Sewerage connections in 21 days compared to 61 days previously. The …

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Rain/Snowfall predicated on Monday and Tuesday

January 26, 2018 | General, Official News

Islamabad, January 26, 2018 (PPI-OT):Met office informed that a fresh westerly wave is likely to enter in western parts of the country on Sunday and likely to grip upper parts of the country on Monday and may persist over northern …

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