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Tuesday, November 13th, 2018
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Category Archives: General

PCJCCI delegation to expand trade and investment relations with China

Lahore, August 02, 2018 (PPI-OT): A delegation from Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) is leaving for China on this Saturday, 4th August 2018 with the vision of reviving joint business activities between Pakistan and China. Mr. S.M …

Lahore Chamber of Commerce and Industry wants economic plan sharing with stakeholders

Lahore, August 02, 2018 (PPI-OT): The Lahore Chamber of Commerce and Industry has called economic plans with the stakeholders that would help financial managers to evolve an aggressive policy to cope with the challenges. The LCCI President Malik Tahir Javaid …

State Bank of Pakistan conducts Open Market Operation

Karachi, August 02, 2018 (PPI-OT): State Bank of Pakistan conducted its Open Market Operation, Reverse Repo Purchase (Injection), in following contracts on August 2, 2018. Quotes received and accepted are as given below:

A: OMOs

      NO           OMO Tenor                Range        Number 

Pakistan’s Liquid Foreign Reserves Position

Karachi, August 02, 2018 (PPI-OT): The total liquid foreign reserves held by the country stood at US$17,079.7 million on 27 July 2018. The break-up of the foreign reserves position is as under:-

i) Foreign reserves held by the State Bank …

Lucky Cement records consolidated earnings of PKR 14.82 billion for fiscal year ended June 30, 2018

Karachi, August 01, 2018 (PPI-OT): On a consolidated basis, Lucky Cement Limited reported net profit after tax of PKR 14.82 billion after taking out PKR 1.35 billion attributable to non-controlling interests for the financial year ended June 30, 2018, which …

UNISAME urges Banks to develop products for SMEs

Karachi, August 01, 2018 (PPI-OT): The Union of Small and Medium Enterprises (UNISAME) thanked Syed Samar Hasnain executive director State Bank of Pakistan (SBP) and his team for the SME friendly policies and strategic uplift plan for the sector under …

Khushhali Microfinance Bank Limited to offer renewable energy solutions

Karachi, July 30, 2018 (PPI-OT): Khushhali Microfinance Bank (KMBL), Pakistan’s largest microfinance bank, has signed a MoU with Allied Solar (official d.light partner in Pakistan). The partnership looks to address Pakistan’s energy consumption needs, as KMBL will now offer Solar …