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Category Archives: General

JCR-VIS Assigns Preliminary Rating to Sukuk Issue of Saif Textile Mills Limited

Karachi, April 18, 2018 (PPI-OT): JCR-VIS Credit Rating Company Limited (JCR-VIS) has assigned preliminary rating of ‘A’ (Single A) to the proposed Sukuk issue of Saif Textile Mills Limited (STML). The outlook on the rating is ‘Stable’. Sukuk rating will …

Punjab, KP both win first National Junior Squash Championship

Punjab has won the U-13 and U-15 titles of first Punjab National Junior Squash Championship in Lahore.

Meanwhile, KPK has won the U-11 title of the championship.

In the U-15 category, Punjab’s Tayyab Rauf beat Muhammad Hamza of KPK and …

Three-day Gilgit-Baltistan Festival starts at LCCI

Lahore, April 13, 2018 (PPI-OT): Three-day Gilgit-Baltistan Festival kick-started on Friday at the Lahore Chamber of Commerce and Industry to highlight flora and fauna of Gilgit-Baltistan. Stalls of herbal products, gemstones, woodcraft, agricultural products, tourism monuments, climbing wall and food …

LCCI chief for ground-reality based reforms

Lahore, April 11, 2018 (PPI-OT): Taxation system needs reforms based on ground realities and due consultation process with the stakeholders to ensure result-oriented policies for the businessmen. Harmonization in tax system across the country is also a must to get …

Business Community has taken a sigh of relief on timely action of Muhammad Pervaiz Malik, Commerce Minister and Haroon Akhtar, Prime Minister Advisor on Revenue

Karachi, April 11, 2018 (PPI-OT): Ghazanfar Bilour, President and Syed Mazhar Ali Nasir, Sr. Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed their gratitude and thanks to Muhammad Pervaiz Malik, Federal Commerce and …

Pak-Qatar Family Takaful and DIB Achieve Rs. 3 billion Mark in BancaTakaful business

Karachi, April 11, 2018 (PPI-OT): Pak-Qatar Family Takaful has achieved yet another milestone by generating over Rs. 3 billion BancaTakaful business with its first partner Dubai Islamic Bank. The 9 year old business portfolio that commenced in October 2009 has …

PACRA Revises IFS Rating of Pakistan General Insurance Company Limited

Lahore, April 11, 2018 (PPI-OT): PGI is braving with stressed times. The company, under the directive of SECP, halted underwriting operations. The management is striving to restore the operations. They have given a representation that all the requisite parameters set …

Rangers arrest 9 criminals in Karachi

Pakistan Rangers Sindh has arrested nine criminals including member of MQM (London) during targeted raids in various parts of Karachi.

According to a spokesman of Rangers, illegal weapons, drugs and looted items were recovered from the accused.

Source: Radio Pakistan…