Wednesday , 17 January 2018
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PCJCCI and PBIT motivated for developing an intelligent investment strategy

Lahore, January 16, 2018 (PPI-OT):Mr. S. M. Naveed, President Pak-China Joint Chamber of Commerce and Industry has called for harmonization and coordination among the organizations working for the economic development of the country. It was stated by him while commenting on a collaborative business program concluded the other day between PCJCCI with Punjab Board of Investment and Trade (PBIT). He ... Read More »

LCCI urges political parties not to act as destroyer to the economy

Lahore, January 16, 2018 (PPI-OT):The Lahore Chamber of Commerce and Industry has strongly rejected the protests at busy trade hubs and urged the political parties not to act as destroyer for the economy. In a statement, the LCCI President Malik Tahir Javaid, Senior Vice President Khawaja Khawar Rashid and Vice President Zeeshan Khalil said that economic health of the Pakistan ... Read More »

MoU between PAJCCI and PIJCCI will enhance trilateral economic and social ties between Pakistan, Afghanistan and Iran: Junaid Makda, President PAJCCI

Islamabad, January 16, 2018 (PPI-OT):A Memorandum of Association (MOU) has been signed between Pakistan Afghanistan Joint Chamber of Commerce and Industry (PAJCCI) and Pakistan Iran Joint Chamber of Commerce and Industry (PIJCCI) for enhancing the trilateral economic and social ties across the border. The signing ceremony was conducted in presence of executive members from both the chambers and was executed ... Read More »

Pakistan Stock Exchange Limited Market Position on 15-01-2018

Karachi, January 15, 2018 (PPI-OT): DAILY STOCK MARKET REPORT Market Position Printed On Jan-15-2018 COMPANIES KSE KSE-30 KSE-100 KSE-ALLSHR KMI-30 BATi OGTi PSX-KMI POSITION INDICES INDEX INDEX INDEX INDEX INDEX INDEX INDEX Plus 95 Current 21360.34 42347.49 30565.08 71427.78 16714.04 20213.84 20797.77 Minus 249 Previous 21671.01 42933.72 30932.07 72169.84 16977.88 20452.06 21007.10 Unchanged 12 High 21671.01 42933.72 30932.07 72263.88 16977.88 ... Read More »

National Bank of Pakistan and Bank of China sign MOU to enhance banking services

Karachi, January 15, 2018 (PPI-OT):National Bank of Pakistan (NBP) and Bank of China Pakistan Operations (BOCP) signed a MoU to promote banking services in the country. The MoU will focus on developing niches and creating synergies between the two institutions. The MoU will strengthen the ironclad brotherhood between the two nations. The MoU was signed by Mr. Saeed Ahmad, President ... Read More »

State Bank of Pakistan joins hands with Central Bank of the Russian Federation on bilateral central banking cooperation

Karachi, January 15, 2018 (PPI-OT):The Governor SBP visited the Central Bank of the Russian Federation (CBRF) Headquarters in Moscow, Russia on January 15, 2018. This is the first ever visit of an SBP Governor to CBRF. As an important milestone, the SBP has signed a Memorandum of Understanding on bilateral central banking cooperation with the CBRF. Mr. Tariq Bajwa, Governor ... Read More »

Careem launches its services in Iraq

Karachi, January 15, 2018 (PPI-OT):Careem, the region’s leading ride-hailing service in the MENA, Turkey and Pakistan, has announced the expansion of its services into the Republic of Iraq, as part of its broader commitment to improving transportation across the region. With the introduction of Careem’s ride-hailing services in the Iraqi capital of Baghdad, residents will be introduced to a dynamic, ... Read More »

JCR-VIS Upgrades Fund Stability Rating of HBL Government Securities Fund

Karachi, January 15, 2018 (PPI-OT):JCR-VIS Credit Rating Company Limited (JCR-VIS) has upgraded the Fund Stability Rating (FSR) of HBL Government Securities Fund (HBL GSF) from ‘A(f)’ (Single A (f)) to ‘A+(f)’ (Single A Plus (f)). The previous rating action was announced on January 05, 2017. During the on-going year, PICIC Income Fund (PICIC IF) was renamed to HBL Government Securities ... Read More »

Pakistan to become hub for regional trade through CPEC: Prime Minister

Islamabad, January 15, 2018 (PPI-OT):Prime Minister Shahid Khaqan Abbasi says Pakistan is going to become a hub for regional trade and connectivity after completion of China-Pakistan Economic Corridor project. He was talking to a delegation of International Federation of Freight Forwarders Associations headed by its President Babar Badat in Islamabad on Monday. The Prime Minister said CPEC has opened up ... Read More »

Delegation of FPCCI meets Minister of State for Finance

Islamabad, January 15, 2018 (PPI-OT):A delegation of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) led by President FPCCI Ghazanfar Bilour called on Minister of State for Finance Rana Muhammad Afzal Khan here on Monday. The delegation among others included Mr. Adeel Rauf, Atif Ikram Sheikh, Mian Shaukat, Malik Sohail Hussain, Ch. Javed Iqbal and Mr. Karim Aziz ... Read More »

JCR-VIS Reaffirms Fund Stability Rating of First Habib Cash Fund

Karachi, January 15, 2018 (PPI-OT):JCR-VIS Credit Rating Company Limited has reaffirmed the fund stability rating (FSR) of First Habib Cash Fund (FHCF) at ‘AA (f)’ (Double A(f)). The previous rating action was announced on January 02, 2017. FHCF is an open-end money market fund; in line with its categorization, exposure to various sources of risks has been maintained at low ... Read More »

Politics should be segregated from Economics, only Pakistan Afghanistan progressive ties can ensure regional peace and prosperity: Zubair Motiwala, Chairman PAJCCI

Islamabad, January 15, 2018 (PPI-OT):While addressing the “Public-Private Dialogue forum on Pakistan – Afghanistan Transit and Trade” organized by USAID and Sarhad Chamber of Commerce, Chairman PAJCCI Zubair Motiwala iterated that significance of national sanctity and security and supported all measures that respective Governments may take to ensure the same. However, the same may not be continued at the beset ... Read More »