2018 June 28 : AsiaNet-Pakistan

Archive for June 28th, 2018

Pakistan’s Liquid Foreign Reserves Position

June 28, 2018 | General Business News

Karachi, June 28, 2018 (PPI-OT): The total liquid foreign reserves held by the country stood at US$16,243.9 million on 22June2018.The break-up of the foreign reserves position is as under:-

i) Foreign reserves held by the State Bank of Pakistan: US$ …

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PACRA Maintains Entity Ratings of Faysal Bank Limited

June 28, 2018 | General Business News

Lahore, June 28, 2018 (PPI-OT):Faysal Bank Limited (FBL) continued its focus on growth and on strengthening its relative positioning among peer banks. The bank has enduring emphasis on low cost CASA deposits, prudent deployment of assets for better yields and …

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Karandaaz Pakistan to Finance 15 Women-led Businesses

June 28, 2018 | General Business News

Islamabad, June 28, 2018 (PPI-OT): As one of the country’s leading promoter of financial inclusion, Karandaaz Pakistan has signed financing agreements with 15 successful female entrepreneurs who took part in the Women Entrepreneurship Challenge – 2017. The entrepreneurs will receive …

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PHMA for clearing current fiscal years refunds before 30th

June 28, 2018 | General Business News

Lahore, June 28, 2018 (PPI-OT): With a view to avoid the lapse of funds under the Export Package the Pakistan Hosiery Manufacturers and Exporters Association has asked the caretaker government to clear all the sales tax refunds of exporters approved …

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PACRA Maintains IFS Rating of SPI Insurance Company Limited

June 28, 2018 | General Business News

Lahore, June 28, 2018 (PPI-OT):The rating reflects the strong business profile of the company. The company continues to demonstrate size-able growth in its top-line and the portfolio mix is well-balanced. The client base is direct with less reliance on bank …

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PACRA Maintains Entity Ratings of Bank AL Habib Limited

June 28, 2018 | General Business News

Lahore, June 28, 2018 (PPI-OT):The ratings reflect the bank’s sustained performance, exceptional asset quality, satisfactory financial profile and healthy liquidity. The bank has solidified its relative positioning in the universe of large sized banks by improving its market share in …

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PACRA Maintains Entity Ratings of Habib Metropolitan Bank Limited

June 28, 2018 | General Business News

Lahore, June 28, 2018 (PPI-OT):The ratings incorporate HabibMetro’s association with a diversified and financially strong international bank – Habib Bank AG Zurich (HBZ). This association helps in assimilating the parent’s best practices into HabibMetro, while fostering control environment with enhanced …

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PACRA Maintains Entity Ratings of HUM Network Limited

June 28, 2018 | General Business News

Lahore, June 28, 2018 (PPI-OT):The ratings reflects HNL’s ability to capacity its robust market position in the domestic media industry. HNL enjoys healthy financial profile supported by less leveraged capital structure, sound coverages and decent profitability. With strong presence of …

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PACRA Upgrades Entity Ratings of Dawood Hercules Corporation Limited

June 28, 2018 | General Business News

Lahore, June 28, 2018 (PPI-OT):The ratings signify Dawood Hercules Corporation Limited’s (DH Corp) strong risk profile as an InvestCo. DH Corp is currently transforming its investment portfolio. The transformation process includes exit from the energy sector (Hub Power Company Limited), …

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PACRA Maintains Entity Ratings of K.K. Rice Mills (Pvt.) Limited

June 28, 2018 | General Business News

Lahore, June 28, 2018 (PPI-OT):The ratings incorporate the adequate market positioning of the company. KK Rice makes adequate profit though operational efficiency reflects rooms for improvement. KK Rice Mills (Pvt) Limited has adopted a top-line centric approach targeting Middle East …

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Pakistan’s Liquid Foreign Reserves Position

June 28, 2018 | General, Official News

Karachi, June 28, 2018 (PPI-OT): The total liquid foreign reserves held by the country stood at US$16,243.9 million on 22June2018.The break-up of the foreign reserves position is as under:-

i) Foreign reserves held by the State Bank of Pakistan: US$ …

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Property tax challans to be sent through courier/Ums. Mushtaq Shah

June 28, 2018 | Ministries, Official News

Karachi, June 28, 2018 (PPI-OT): Provincial Caretaker Minister for Irrigation, Inter Provincial Coordination, Public Health Engineering, Rural Development, Excise and Taxation Mushtaq Ahmed Shah has asked Excise and Taxation Department Sindh to send property tax challans through a reputed courier …

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