Islamabad, July 3, 2019: A Foreign Asset Manager posted the following about the SBP Governor on a roadshow in London. “Citi Bank London arranged Reza Baqir’s meeting today with investors including asset managers, hedge funds & other institutions. RB went over & above his mandate to sell a story of institutional reform, austerity & most…
• Irfan scores 122, Naseem took three wickets as Pakistan U19 beat South Africa U19 in fifth match by 116 runs. Lahore, July 02, 2019: Irfan Niazi’s 122 run and Naseem Shah’s three for 44, helped Pakistan U19 beat South Africa U19 by 116 runs in the fifth 50-over match and take 5-0 lead at…
Islamabad, July 02, 2019: Chinese quarantine inspectors have visited production facilities of cherries in Gilgit-Baltistan (GB), to approve the facilities meeting the Sanitary and Phyto Sanitary (SPS) requirements for export to China, said a statement by Pakistan Horticulture Development & Export Company (PHDEC), Ministry of Commerce. Under the second phase of China-Pakistan Free Trade Agreement…
Karachi, July 02, 2019: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Meezan Bank at ‘AA+/A-1+’ (Double A Plus/ A-One Plus). VIS has also reaffirmed ratings of the outstanding Basel 3 Compliant Tier 1 and Tier 2 Sukuk of Meezan Bank at ‘AA-’ (Double A Minus) and ‘AA’ (Double-A) respectively. Outlook on the…
Karachi, July 02, 2019: Foreign currency deposited in banks’ accounts of below the value of $10,000 could be declared under the Asset Declaration Ordinance 2019 in connection with the amnesty Scheme. This was informed by State Bank of Pakistan (SBP) after the promulgation Assets Declaration Ordinance 2019 in a view to providing for voluntary declaration…