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Sunday, February 18th, 2018
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Category Archives: General

Ecommerce Gateway to hold Mega Event Commodity and Consumer Fair in March 2018

Lahore, January 22, 2018 (PPI-OT):The top trade-fair organizer of Pakistan – Ecommerce Gateway is all set to organize Commodity and Consumer fair incorporating 5 international mega-events, starting in Karachi from 20th March and concluding on 22nd of March 2018. The …

Careem launches Intercity Travel Service for 7 Cities

Karachi, January 22, 2018 (PPI-OT):How many times have you watched a film about a road trip and wished you could take your own? How many times have you planned a road trip and then cancelled it at the last minute?…

PACRA Maintains IFS Rating of Jubilee General Insurance Company Limited

Lahore, January 22, 2018 (PPI-OT):The rating reflects Jubilee General’s robust risk management framework facilitating the company in sustaining sound underwriting performance. The rating recognizes the management’s persistent efforts of penetrating relatively untapped segments, also reflected in its diverse premium mix …

PACRA Maintains Entity Ratings of Fazal Cloth Mills Limited

Lahore, January 22, 2018 (PPI-OT):Fazal cloth enjoys a strong business profile in otherwise volatile textile industry. This primarily emanates from its large size – yielding economies of scale – established relationships with a diverse customer base- -export and local – …

PACRA Maintains Ratings of Fazal Weaving Mills Limited

Lahore, January 22, 2018 (PPI-OT):The ratings of Fazal Weaving primarily reflect irrevocable and unconditional guarantee on all obligations from financial institutions by Fazal Cloth Mills Limited (Fazal Cloth) – the parent. Fazal Cloth is rated by PACRA (LT Rating: A-) …

FPCCI calls for introduction of single digit tax rate to promote business activities

Islamabad, January 22, 2018 (PPI-OT):Ghazanfar Bilour, President, Federation of Pakistan Chambers of Commerce and Industry has called upon the government to introduce single digit tax rate in the forthcoming budget that would help in promoting the business activities and improving …

LCCI terms withholding tax an “economic intimidation”

Lahore, January 22, 2018 (PPI-OT):The Lahore Chamber of Commerce and Industry has termed the withholding tax on banking transaction “economic intimidation” for the business community and called for its immediate withdrawal. The LCCI President Malik Tahir Javaid, Senior Vice President …

Economy is maintaining growth momentum despite external headwinds

Karachi, January 19, 2018 (PPI-OT):State Bank of Pakistan has released its First Quarterly Report for FY18 on the State of Pakistan’s Economy today. According to the Report, preliminary data on key macroeconomic indicators suggest that growth momentum remained strong in …