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Category Archives: General

PACRA Maintains Entity Ratings of Gharibwal Cement Limited

Lahore, May 04, 2018 (PPI-OT): The ratings reflect Gharibwal Cement’s sustained business profile appended by good sector dynamics. The company focuses on geographies closer to the plant location; Gujranwala division remained company’s home market – Lahore, Faisalabad and Multan are …

Meezan Bank signs MoU with Institute of Business Management to launch MBA in Entrepreneurship and SME Banking

Karachi, May 04, 2018 (PPI-OT): Meezan Bank, Pakistan’s first and largest Islamic bank and Institute of Business Management (IoBM), Karachi recently signed a Memorandum of Understanding to facilitate capacity building in the country’s Small and Medium Enterprises (SME) sector. The …

PACRA Assigns Initial Entity Rating to D.G. Khan Cement Company Limited

Lahore, May 04, 2018 (PPI-OT): DG Khan Cement’s rating reflect company’s strong position in the cement industry emanating from its third highest market share in terms of capacity. The company’s two existing manufacturing units (Khairpur Site and DG Khan Site) …

Lahore Chamber of Commerce and Industry urges government to address reservations of commercial importers

Lahore, May 04, 2018 (PPI-OT): The Lahore Chamber of Commerce and Industry has urged the government to address the reservations of commercial importers. In a statement, the LCCI President Malik Tahir Javaid, Senior Vice President Khawaja Khawar Rashid and Vice …

Envoy advises KCCI to have more interaction with Turkish counterparts

Karachi, May 04, 2018 (PPI-OT): Turkish Consul General in Karachi Tolga Ucak has advised the Karachi Chamber of Commerce and Industry to have more interaction with their counterparts in Turkey and the business and industrial community should focus on ‘innovation’ …

Pakistan emerging an attractive destination for foreign investors: Prime Minister

Islamabad, May 04, 2018 (PPI-OT): Prime Minister Shahid Khaqan Abbasi says Pakistan is now emerging as an attractive destination for foreign investors after overcoming multiple challenges. Addressing the ‘Emerging Pakistan’ ceremony in Islamabad this evening, he said the country is …

JazzCash Achieves Record Growth in Q1 2018

Islamabad, May 03, 2018 (PPI-OT): JazzCash, Jazz’s mobile financial product, has achieved record growth in its Mobile Account customers during the 1st quarter of 2018. As per official figures, JazzCash added half a million customers to its thirty day active …

Haroon dares Opposition on economic performance, recounts gains of 5 years

Islamabad, May 03, 2018 (PPI-OT): Special Assistant to Prime Minister on Revenue/Federal Minister Senator Haroon Akhtar Khan has hit out at the Opposition for glossing over five-year achievements of the government and painting a bleak picture of the economy requiring …