New Delhi: Senator Dr. Asim Hussain, Federal Minister for Petroleum and Natural Resources Government of Pakistan held a bilateral meeting on TAPI pipeline project with Mr. S. Jaipal Reddy, Minister of Petroleum and Natural Gas Government of India, here today. The issues relating to the pipeline project including transit fee …

Karachi: The investors from UAE have started shifting their business to Export Processing Zones in Pakistan due to higher cost of doing business in Dubai and Sharjah’s free zones, this was disclosed by Chairman, Export Processing Zones Authority (EPZA), Tariq Hasan. Speaking to the members of Korangi Association of Trade …

Lahore: Mobilink has marked 2012 as the year it will create a paradigm shift in Pakistan’s cellular environment by elevating consumer experience to a level that is unparalleled within the local industry. Mobilink’s subscribers already have access to the best cellular service in Pakistan, as a result of the operator’s …

Islamabad: FBR has ordered that all the Model Customs Collectorates shall remain open on Saturday 28th January, 2012, as normal working days in order to facilitate the trade and industry in getting their cargo cleared for imports and exports. The management of State Bank of Pakistan and National Bank of …

Lahore: Subsequent to the decision of the management of Nishat Chunian Power Limited (NCPL) to not get NCPL’s ratings updated, PACRA withdraws the entity ratings (Long-Term: AA; Short-Term: A1+) of NCPL with immediate effect. For more information, contact: Hammad Rashid Analyst The Pakistan Credit Rating Agency Limited (PACRA) Awami Complex, …

Lahore: The Pakistan Credit Rating Agency (PACRA) has maintained the IFS rating of Atlas Insurance Limited (AIL) at “A+” (Single A plus) with positive outlook. The rating denotes strong capacity to meet policyholder and contract obligations. Risk factors are moderate, and the impact of any adverse business and economic factors …

Islamabad: In a sustained effort to redefine telecommunication usage in Pakistan by bringing value to the lives of its customers, PTCL has tapped into the charisma of renowned Pakistani celebrity, Reema Khan, in its newly launched ‘Life in Motion’ strategic campaign. The telecom giant’s new ‘Life in Motion’ campaign depicts …