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Friday, April 27th, 2018
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Category Archives: Business News

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…

‘Sachai Ki Tarang’ Engro Foods Limited opens its doors to media

Karachi, April 06, 2018 (PPI-OT): Under the campaign “Saachai Ki Tarang” Engro Foods Limited (EFL) opens its doors for media personnel of various newspapers to visit the Sahiwal Plant and see for themselves the Quality Checks, manufacturing, processing and packaging …

Business delegation concludes three day visit to Belarus

Karachi, April 06, 2018 (PPI-OT):A 04 member business delegation has concluded a three day visited in month of March, 2018. This delegation was a follow up of negotiations made under Belarus-Pakistan Textile Forum “BELTEXLEGPROM 2017”. The delegation comprised of 03 …

FBR urged to withdraw Alternative Corporate Tax

Karachi, April 05, 2018 (PPI-OT): Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the Federal Board of Revenue (FBR) to rescind Alternative Corporate Tax (ACT) being applied on companies under section 113(c) of Income Tax Ordinance 2001 …

Economy heading towards dollarization

Islamabad, April 04, 2018 (PPI-OT): The Pakistan Economy Watch (PEW) on Wednesday said the continued decline in exchange rate has shattered the confidence of masses in the rupee which has triggered dollarization of the economy. Dollarization of the economy is …

CDA asked to develop Food Street in Sitara Market

Islamabad, April 04, 2018 (PPI-OT): Sheikh Amir Waheed, President, Islamabad Chamber of Commerce and Industry along with a delegation visited Sitara Market and congratulated Altaf Shah on being elected as President, Traders WelfareAssociation of G-7 Markaz, Islamabad. They also congratulated …