GLOBAL
ECONOMY
The global economy
is emerging from a period of strong growth, the likes of
which has not been seen since the 1950s and 1960s. That
was back in another century, and seemingly in another
world, as well.FOCIN
FOCUS
Fund Managers Managed
investment opportunities
In the last three
years, a campaign was started by many
commercial/investment banks and various other investment
institutions offering good returns to small and big
investors. At the same time, the new mantra of Islamic
bank/investment (riba free) also gained momentum
creating a healthy investment environment in the
country. In this connection, Mohsin S. Jaffri of The
News discussed with Mir Muhammad Ali, Chief Executive
Officer, UBL Fund Managers, the workings of funds,
future prospects and benefits to small investors.
GLOBAL
MARKETS Bahrain:
impressive capital market growth
Global Investment
House - Kuwait - Bahrain Economic and Strategic Outlook
'Bahrain Stock Market' After a poor performance in the
year 2006 in which most GCC markets gave negative
returns, the markets rebounded and came up with
spectacular returns with Bahrain being no exception. The
petro-dollar liquidity combined with strong macro
economic growth was reflected in the performances in
capital market in the region with all markets posting
above 25% return for the year 2007.
Mybank
Limited
Entity: Withdrawn
JCR-VIS withdraws BBB/A-2 Ratings of Mybank Limited
JCR-VIS Credit Rating
Company Limited (JCR-VIS) has withdrawn the entity
rating of BBB/A-2 (Triple B/A-Two) assigned to Mybank
Limited, with immediate effect, on account of
non-renewal of rating contract.
LCCI:
functions, activities and coordination
The president of
LCCI, Mr. Shahid Hassan Sheikh talks to Amna Nasir
Jamal, on behalf of The News and answers questions about
business growth, chambers' activities, members and their
efforts in and above all Chamber's role in promoting
business.
The Lahore Chamber of
Commerce and Industry (LCCI), like any other business
and industry chamber facilitates the functioning of its
members' business and promote their activities from the
LCCI platform. The chamber helps its members in getting
through difficulties, and bureaucratic hurdles and tries
to create a peaceful business environment for all its
members.
RATING
ROUNDUP
Publicly Notified
Ratings by JCR-VIS Credit Rating Company LIMITED
ISSUE / ISSUER MEDIUM TO OUTLOOK SHORT
LONG TERM TERM
AlBaraka Islamic Bank
BSC - Pakistan Branches A Stable A-1
Allied Bank Ltd. AA- Stable A-1+
Al Noor Sugar Mills Ltd BBB+ Stable A-2
|
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