Arif Habib, Chairman, Karachi Stock Exchange (KSE), on Monday briefed the delegation from Singapore Ministerial Trade and Investment about the economic reforms carried out by the present government which helped boost the stock market and the country's economy.
A 20-member Singapore Ministerial Trade and Investment mission, led by Minister of State for Health and Transport, Dr Balaji Sadasivan, representing real estate, infrastructure and engineering services, health care, trading, IT and infocom technology, and textile and garments sectors visited the Karachi Stock Exchange on an awareness tour of the capital market here.
Chairman Arif Habib, Yacoob Memon General Manager and Nadeem Chishtee Deputy Chief Manager welcomed the delegates at the KSE.
Welcoming the distinguished guests, Habib gave a detailed presentation on the overall performance of KSE.
He explained to the delegates about the current economic scenario of the country, reforms implemented by the present government to boost the investment activities in the country and salient features of investment policy and incentives available to the investors.
The Chairman apprised the delegation about the reasons for strong performance of KSE during the past two years achieving the status of the 'Best performing market of the world'.
The delegation was also briefed about the infrastructural reforms carried out by the KSE in various areas of its operations making it a most active market of the region of international standards.
Dr Balaji Sadasivan expressed thanks to the chairman for organising the presentation.
He said that the KSE has achieved an impressive growth. In view of stable currency, low interest rates and economic stability, the equity market has become very attractive, he added.
This was followed by a question-answer session in which a number of issues related to listing of companies, performance of KSE, incentives available to the foreign investors and the privatisation programme were discussed and explained.
Comments
Comments are closed.