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July 21, 2018 12:00 AM JS Bank, Rastgar sign pact to buy efficient air compressors

Karachi: JS Bank has entered into an agreement with Rastgar and Company to facilitate domestic manufacturers for purchase of state-of-the-art energy efficient air compressors. The deal was inked by Kamran Jafar, Group Head Corporate & Retail Banking - JS Bank and Maqsood Zulfqar, CEO - Rastgar & Co. in the presence of team members from both companies 4

July 15, 2018 12:00 AM Waseem faces Mthalane in tough fight today

KARACHI: Pakistan’s professional boxer Mohammad Waseem will on Sunday (today) fight the toughest battle of his pro career when he faces the highly experienced and former International Boxing Federation (IBF) world champion Moruti Mthalane of South Africa in the IBF flyweight world title shot in Kuala Lumpur. By the time this story will be read by the readers 2

July 13, 2018 12:00 AM Tappi believed to be maintaining account with illegal money

ISLAMABAD: Investigators probing one of the country’s biggest money laundering scams informed the Supreme Court (SC) on Thursday that a chunk of illegally parked money went into an account believed to be maintained by former President Asif Ali Zardari’s aide Awais Muzaffar Tappi who is residing in Dubai. Federal Investigation Agency (FIA) Director General 3

July 13, 2018 12:00 AM SBP website now accepting donations

KARACHI: The State Bank of Pakistan (SBP) on Thursday said people can make donations for the construction of Diamer Basha and Mohmand dams through its website. “In pursuance of the instructions received by the Honorable Supreme Court of Pakistan, SBP’s website (www.sbp.org.pk) has now been enabled to receive online payments through debit/credit cards 4

July 7, 2018 12:00 AM Waseem eyes IBF title

KARACHI: Pakistan’s prolific professional boxer Mohammad Waseem on Friday said that he had worked extremely hard and would win the International Boxing Federation (IBF) world title in Kuala Lumpur. “I have laboured hard in the ring and am 1000 percent ready. I am confident about my win,” Waseem told The News in an interview just hours before moving from Las Vegas 7

July 5, 2018 2:08 AM You can’t win without electables and money: Imran

FOR Pakistan Tehreek-i-Insaf (PTI) chairman Imran Khan, the key to the Prime Minister House lies in understanding the country’s complex political realities. In a conversation with Dawn during his election campaign in Karachi on Wednesday, Mr Khan said that although he cannot vouch for each of the near 700 national and provincial-level candidates his party 13

July 3, 2018 12:00 AM ‘Obstacles in SMEs bank’s financing’

KARACHI: Dr Mirza Ikhtiar Baig, Chairman FPCCI Standing Committee on Banking, Credit and Finance, represented the FPCCI at the 70th year’s celebration of the State Bank of Pakistan. The session was attended by Tariq Bajwa, Governor State Bank, Finance Minister Dr Shamshad Akhtar, Dr Ishrat Hussain, Yasin Anwar and Ashraf Mahmood Wathra, former SBP Governors 2

July 2, 2018 1:54 AM PML-N won’t boycott polls: spokesperson

LAHORE: Spokesperson for the Pakistan Muslim League-Nawaz (PML-N) Marriyum Aurangzeb has denounced reports about her party’s alleged plan to boycott general elections, saying it has no intention to pull out from the polls. Talking to media persons after inauguration of an election office of the party in NA-127, she said that the PML-N would not boycott 4

July 2, 2018 12:00 AM Tax amnesty date extended due to public demand: Shamshad

KARACHI: The caretaker Finance Minister Dr Shamshad Akhtar said the extension of the date to avail amnesty scheme is due to the rising demand from the public who want to file their undeclared foreign and domestic assets. “The economy is expected to benefit from the amnesty scheme. It will bring in macroeconomic and fiscal stability in the economy,” Akhtar 2

June 27, 2018 12:00 AM PACRA maintains Entity & TFC-II Rating of Soneri Bank Limited

The Pakistan Credit Rating Agency Limited (“PACRA”) has maintained the Banks’ long-term rating of “AA-“(double A minus) and a short-term rating of “A1+” (single A one plus). The PACRA also maintained the rating of unsecured, sub-ordinated and listed Term Finance Certificates (2nd issue) of PKR 3,000 million at A+ (single A plus). The above rating is a function 1