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Daily Archives: July 1, 2019

PACRA Assigns Initial Entity Ratings to United Ethanol Industries Limited

Lahore, July 01, 2019 (PPI-OT): Pakistan’s ethanol industry is largely export based owing to meagre domestic consumption. The Country’s ethanol exports stood at USD 392mln in FY18, growing steeply by ~39% owing to increased volumes. Prices fetched in the global …

Huawei Opens Pre-orders for HUAWEI Y9 Prime 2019 Citing Humongous Market Anticipation

Karachi, July 01, 2019 (PPI-OT): With consumer anticipation running high, Huawei has begun accepting pre-orders for HUAWEI Y9 Prime 2019. The smartphone that sports Huawei’s first pop-up camera and Ultra FullView display of 6.59” comes fully loaded with cutting-edge technology …

Present Acute Poultry Crisis

Lahore, July 01, 2019 (PPI-OT): Ch. Muhammad Nusrat Tahir, Vice Chairman Pakistan Poultry Association (Northern Region), in a Press Briefing informed that poultry sector is one of the most organized branches of the agro-based sector of Pakistan. Poultry Sector has …

Businessmen urged to avail additional time for Tax Amnesty Scheme

Lahore, July 01, 2019 (PPI-OT): The Lahore Chamber of Commerce and Industry has appealed to the business community to avail additional time for Assets Declaration Scheme. In a statement, the LCCI President Almas Hyder, Senior Vice President Khawaja Shahzad Nasir …

ICCI calls for passing on benefit of reduced Oil price to people

Islamabad, July 01, 2019 (PPI-OT): The Islamabad Chamber of Commerce and Industry has called upon the government to immediately pass on the benefit of reduced oil price to the general public as the crude oil price in international market has …

CDC reduces tariff up to 57% for Mutual Fund Industry

Karachi, July 01, 2019 (PPI-OT): Central Depository Company has significantly reduced its service tariff for the Mutual Fund Industry up to 57% applicable to different categories of funds. Apart from the said reduction, CDC has also rationalized the trustee fee …

OGRA reduces LPG price

Oil and Gas Regulatory Authority has reduced liquefied petroleum gas prices by six rupees a kilo.According to an OGRA notification, prices of domestic cylinder has been reduced by 68 rupees, while cost of commercial cylinder slashed by 261 rupees.Sourc…