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Islamabad: Federal Board of Revenue (FBR) is in the process of implementation of Tax Reforms through financing from the World Bank/DFID. These reforms with the name of Tax Administration Reform Program’ (TARP) were started w.e.f. January 2005 and financing of this program is completing by 31.12.2011. There were different activities …
Read More »Daily Archives: October 19, 2011
JCR-VIS assigns initial Entity Ratings to Shafi Texcel Limited
Karachi: JCR-VIS Credit Rating Company Limited (JCR-VIS) has assigned an initial medium to long-term and short term entity ratings of ‘BBB’ (Triple B) and A-3 (A three), respectively to Shafi Texcel Limited (STL). The outlook on the rating is ‘Stable’. STL is engaged in textile weaving and is the second …
Read More »JCR-VIS Reaffirms Ratings of Shahmurad Sugar Mills Limited
Karachi: JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the entity ratings of Shahmurad Sugar Mills Limited (SSML) at ‘BBB+/A-2’ (Triple B Plus/ A-Two). Outlook on the ratings is ‘Stable’. Financial results of the sugar industry have generally continued to improve in FY11, emanating from higher sugar prices, despite increased …
Read More »Oil and Gas Regulatory Authority inspected Complaint Centres of Gas Companies
Islamabad: Oil and Gas Regulatory Authority (OGRA) is always striving to ensure the provision of efficient services by gas companies to their consumers. In this regard OGRA has issued instructions to both Sui Southern Gas Company Limited (SSGC) and Sui Northern Gas Pipelines Limited (SNGPL) to attend consumer complaints regarding …
Read More »Ufone’s 100 + 100 offer: Celebrating Value for Money
Karachi: Ufone, being the most affordable telecom provider in the industry has launched ‘100+100’ offer through which the subscribers will get 100 free minutes every time they recharge their accounts with Rs.100 or more. These minutes can be used to call any network in Pakistan as the subscriber gets 90 …
Read More »Call to rationalise interest rate spread to revive economy Role of commercial, industrial initiatives limited to earn profit for banks Economy shouldn’t be scarified for bonanza of depository institutions
Islamabad: Women entrepreneurs on Wednesday called upon the authorities to rationalise the interest rate spread to revive ailing economy. Interest rate spread, which is 100 per cent above the normal level, is good for banks only while it is disastrous for economy, said Samina Fazil, founder President Islamabad Women Chambers …
Read More »World of Trade Sign Partnership Contract with Pearl Shine Group of International Pakistan
Karachi: A partnership contract worth multimillion dollars has been signed between World of Trade and PSGI Pakistan. Based in Dubai UAE, World of Trade is one of the biggest B2B portals offering business solutions to global buyers and suppliers. Now in partnership with Pearl Shine Group of International (PSGI), a …
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