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Wednesday, October 16th, 2019
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Category Archives: Business News

Sui Southern Gas Company Limited launches Winter Safety Campaign; stresses on safe and ethical gas use

Karachi, October 15, 2019 (PPI-OT): Careless use of gas-fired appliances during winters are a cause of unnecessary deaths and injuries especially in the bitterly cold regions. Every year, the Company launches ’Winter Safety Campaign’ in Balochistan to create awareness about …

National Bank of Pakistan partners with Bookme to Provide Digital Ticketing Services

Karachi, October 15, 2019 (PPI-OT): NBP announced today that they have signed an agreement with Bookme Pvt Ltd, which is the largest online ticketing platform for Bus, Cinema, and Events industry. Under this agreement, NBP customers will now get discounted …

RapidCompute and Linked Things Sign MoU to Promote Adoption of IoT in Pakistan

Karachi, October 15, 2019 (PPI-OT): RapidCompute and Linked Things signed a Memorandum of Understanding last week to promote the adoption of IoT solutions in Pakistan. The partnership aims to streamline smart solutions for the local market which will allow offices, …

ICCI hails e-commerce policy framework as it would promote e-businesses

Islamabad, October 08, 2019 (PPI-OT): The Islamabad Chamber of Commerce and Industry (ICCI) has hailed the approval of first-ever e-commerce policy framework by the Federal Cabinet and termed it a highly positive development as it would promote e-businesses, create plenty …

ICCI assures to play role for promulgation of new rent law in Islamabad

Islamabad, October 02, 2019 (PPI-OT): Promulgation of a balanced rent control act in Islamabad was a longstanding issue of local traders and ICCI would play role for early solution of this problems to facilitate the growth of trading activities. This …

PACRA Maintains Long Term Rating of PakGen Power Limited

Lahore, October 02, 2019 (PPI-OT): The ratings reflect the regulated structure of Pakgen Power Limited (Pakgen Power) business; whereby revenues and cash flows are guaranteed by the sovereign government given adherence to agreed operational parameters. A risk of any decrease …

PACRA Maintains Long Term Rating of Lalpir Power Limited

Lahore, October 02, 2019 (PPI-OT): The ratings reflect the regulated structure of Lalpir Power Limited (Lalpir Power) business; whereby revenues and cash flows are guaranteed by the sovereign government given adherence to agreed operational parameters. A risk of any decrease …

PACRA Maintains Entity Ratings of Foundation Power Company Daharki Limited

Lahore, October 02, 2019 (PPI-OT): The ratings reflect strong business profile of Foundation Power Company Daharki Limited (Foundation Power) emanating from the demand risk coverage under Power Purchase Agreement signed between NTDC (through Central Power Purchasing Agency) and the company. …