2019 December 19 : AsiaNet-Pakistan

Archive for December 19th, 2019

Faysal Bank Limited sponsors IFN Pakistan to promote Financial Inclusion through Islamic Banking

December 19, 2019 | General Business News

Karachi, December 19, 2019 (PPI-OT): One of Pakistan’s leading banks, Faysal Bank Limited (FBL), was amongst the lead sponsors and participants in this year’s IFN Forum Pakistan conference. The day-long conference was held in partnership with the State Bank of …

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6th Build Pakistan Exhibition begins in Lahore

December 19, 2019 | General Business News

Karachi, December 19, 2019 (PPI-OT): Pakistan’s leading Building and Construction Exhibition and Conference – 6th Edition of BUILD PAKISTAN organized by FAKT Exhibitions (Pvt.) Ltd. opened its doors on 19th December 2019 at Expo Centre Lahore. The exhibition was inaugurated …

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Management and field executives of Bank of Azad Jammu and Kashmir meet

December 19, 2019 | General Business News

Muzaffarabad, December 19, 2019 (PPI-OT): The meeting of Bank of Azad Jammu and Kashmir management and field executives for goal setting of year 2020 was held under the chair of the President/CEO Syed Aftab Hussain Gillani at BAJK head office …

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Sarsabz Fertilizer marks December 18 as ‘Kissan Day’ in Pakistan

December 19, 2019 | General Business News

Lahore, December 19, 2019 (PPI-OT): Sarsabz Fertilizer, a flagship brand of Fatima Fertilizer under the Fatima Group, marked a special initiative to recognize December 18 as ‘Kissan Day’ in Pakistan. This is because unlike in many other developed countries around …

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Engro Polymer and Chemicals Limited showcases innovative PVC products at Build Asia 2019 Expo

December 19, 2019 | General Business News

Karachi, December 19, 2019 (PPI-OT): Engro Polymer and Chemicals Limited (EPCL), the sole manufacturer of PVC resin in Pakistan, showcased a diverse line of innovative PVC downstream products at the three-day 15th Build Asia 2019 Exhibition, held at the Expo …

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Director IPR Enforcement, Pakistan Customs, Mr. Amer Rashid visits the OICCI

December 19, 2019 | General Business News

Karachi, December 19, 2019 (PPI-OT): Director IPR Enforcement, Pakistan Customs (South Region), Mr. Amer Rashid visited the OICCI on December 18, 2019, for an interactive session with the members of the OICCI Intellectual Property Rights (IPR) and Digital Subcommittee. He …

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PACRA Assigns Initial Entity Ratings to Islamabad Farms

December 19, 2019 | General Business News

Lahore, December 19, 2019 (PPI-OT): Poultry is one of the largest agro based segment in Pakistan, accounting both domestic and commercial poultry. With an investment of almost PKR 700bln in FY19, industry has posted an annual growth of ~ 12%. …

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PACRA Maintains Entity Ratings of Soneri Bank Limited

December 19, 2019 | General Business News

Lahore, December 19, 2019 (PPI-OT): The ratings reflect Soneri Bank’s maintained business profile as reflected by intact system share (end-Sep19: 1.8%, end-Dec18: 1.8%). The bank’s funding base comprise of deposits and borrowings. Mark-up Income witnessed substantial jump attributable to hike …

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PACRA Maintains Instrument Rating of Soneri Bank Limited – TFC (Tier II) – Jul-15

December 19, 2019 | General Business News

Lahore, December 19, 2019 (PPI-OT): The ratings reflect Soneri Bank’s maintained business profile as reflected by intact system share (end-Sep19: 1.8%, end-Dec18: 1.8%). The bank’s funding base comprise of deposits and borrowings. Mark-up Income witnessed substantial jump attributable to hike …

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PACRA Maintains Entity Ratings of Hassan Ali Rice Export Company

December 19, 2019 | General Business News

Lahore, December 19, 2019 (PPI-OT): The ratings incorporate strength of the Sponsors of Hassan Ali Rice as reflected in the business structure of the group (Hashwani Group of Companies) and overall governance principles of the business. With a prominent presence …

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Pakistan’s liquid foreign reserves position

December 19, 2019 | General, Official News

Karachi, December 19, 2019 (PPI-OT): State Bank of Pakistan (SBP) here Thursday said the total liquid foreign reserves held by the country stood at US$17,655.5 million on 13 December 2019. The break-up of the foreign reserves position is as under:-…

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Pakistan Bar Council condemns and disapprove the statement of DG ISPR

December 19, 2019 | General, Official News

Islamabad, December 19, 2019 (PPI-OT): Syed Amjad Shah, Vice-Chairman and Mr. Sher Muhammad Khan, Chairman, Executive Committee, Pakistan Bar Council, have issued the following statement:-

“We strongly condemn and disapprove the statement of Director General, ISPR, who has criticized the …

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