2018 April 04 : AsiaNet-Pakistan

Archive for April 4th, 2018

Pakistan Banks’ Association recommends tax reduction for banks to 30% and discontinuation of super tax

April 4, 2018 |

Karachi, April 04, 2018 (PPI-OT): A set of proposals for Federal Budget 2018-2019 concerning the banking sector has been forwarded to the FBR by Pakistan Banks’ Association (PBA). It has been recommended by the PBA that Section III (4) of …

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HUAWEI Consumer Business Group Announces 2017 Business Results

April 4, 2018 | General Business News

Karachi, April 04, 2018 (PPI-OT): HUAWEI has released its audited financial results for 2017, reporting solid business growth. The company’s total annual revenue was CNY 603.6 billion (USD 92.5 billion based on year-end exchange rates), an increase of 15.7% over …

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2 day Workshop on Increasing Access to Inclusive Insurance held in Lahore

April 4, 2018 | General Business News

Lahore, April 04, 2018 (PPI-OT): Pakistan Microfinance Network (PMN) and the Microinsurance Network (MiN) jointly organize the 2 day Workshop on Increasing Access to Inclusive Insurance at a local hotel in Lahore. Chairman of the Board of Pakistan Microfinance Network …

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Pakistan Credit Rating Agency Limited Assigns Initial Entity Ratings to EGAS (Private) Limited

April 4, 2018 | General Business News

Lahore, April 04, 2018 (PPI-OT): EGas (Pvt) Ltd (EGas) operates a unique business model of supplying CNG through a virtual pipeline. The ratings take comfort from the growing demand for gas amidst supply constraints. Overall the industry is dependent on …

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JCR-VIS Reaffirms Entity Ratings of International Steels Limited

April 4, 2018 | General Business News

Karachi, April 04, 2018 (PPI-OT): JCR-VIS Credit Rating Company Limited has reaffirmed the entity ratings of ‘A+/A-1’ (Single A Plus/A-One) to International Steels Limited (ISL). Outlook on the assigned ratings is ‘Stable’. Previous rating action was announced on January 13, …

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JCR-VIS Assigns Ratings to Javedan Corporation Limited

April 4, 2018 | General Business News

Karachi, April 04, 2018 (PPI-OT): JCR-VIS Credit Rating Company Limited has assigned entity ratings of ‘A+/A-1’ (Single A Plus/A-One) to Javedan Corporation Limited (JCL). The proposed Rs. 3 billion Sukuk planned to be issued by JCL has been assigned a …

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Clarification by State Bank of Pakistan

April 4, 2018 | General Business News

Karachi, April 04, 2018 (PPI-OT): Of late, the case of defunct KASB bank is in news again in both print and electronic media, purportedly based on audit report of the Auditor General of Pakistan (AGP). SBP would like to clarify …

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Ambassador of Netherlands calls on Minister for Maritime Affair

April 4, 2018 | General Business News

Islamabad, April 04, 2018 (PPI-OT): Ambassador of Netherlands Ardi Stoios- braken on Wednesday called on federal Minister for Maritime Affairs Mir Hasil Khan Bizanjo and discussed bilateral relations besides matters of mutual interest. During the meeting the Minister said that …

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Board of directors meeting of EngroPowergenQadirpur Limited

April 4, 2018 | Board Meetings

Karachi, EngroPowergenQadirpur Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 17, 2018 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended March 31, …

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Board of directors meeting of MadviwalaMauser Plastic Industries Limited

April 4, 2018 | Board Meetings

Karachi, MadviwalaMauser Plastic Industries Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 11, 2018 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended …

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Board of directors meeting of Worldcall Telecom Limited

April 4, 2018 | Board Meetings

Karachi, Worldcall Telecom Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 09, 2018 at Lahore. The agenda of the meeting will to consider the Annual Accounts for the period ended December …

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Board of directors meeting of Pakistan Telecommunication Company Limited

April 4, 2018 | Board Meetings

Karachi, Pakistan Telecommunication Company Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 12, 2018 at Islamabad. The agenda of the meeting will to consider the Quarterly Accounts for the period ended …

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