ASALAM-O-ALEKUM ! Important Business News of 16th August (FRIDAY), - TopicsExpress

ASALAM-O-ALEKUM ! Important Business News of 16th August (FRIDAY), 2013 compiled by Prof. Usman Latif Awan. 1) Foreign investors (professional businessmen) has transferred their profit of $ 1 Billion to different countries during the fiscal year 2012-13 & it is 1.6% higher than 2011-12. 2) Bank Alfalah has earned an after tax profit of Rs 1.943 Billion during the 1st 6 months of 2013, Earning per share was Rs 1.44 & net interest income was Rs 7.863 Billion. 3) Security fee of domestic gas connection has increased by 100%. 4) India has decided to import onions from Pakistan due to its shortage in India.

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