Lahore, December 06, 2012 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has assigned the IFS rating of “A-” (Single A minus) to Silver Star Insurance Company Limited (SSICL). The rating denotes strong capacity to meet policyholder and contract obligations. Risk factors are moderate, and the impact of any adverse business …

Karachi, December 06, 2012 (PPI-OT): The Deputy Commissioner Karachi East Mr. Samiuddin Siddiqui has said that the Polio Eradication Campaign will start from 17th to 20th December, 2012, in this regard a function will be arranged on 11th December, 2012, at 12.00 Noon at Government Girls High School Sachal Goth, …

Lahore, December 06, 2012 (PPI-OT): Subsequent to the decision of the management of KASB Funds Limited to not get KASB Islamic Income Opportunity Fund’s (KIIOF) rating updated, PACRA withdraws the fund stability rating ‘A(f)’ (Single A ; fund Rating) of KIIOF with immediate effect. For more information, contact: Hammad Rashid …

Islamabad, December 06, 2012 (PPI-OT): In an indication of growing trend of corporatization, the Securities and Exchange Commission of Pakistan (SECP) witnessed a growth of 35 % in registration of companies during November, over corresponding month of 2011. The SECP has registered 334 companies during November, raising the total corporate …

Karachi, December 06, 2012 (PPI-OT): Ms Yesim Elhan, Principal Public Management Specialist of Asian Development Bank while speaking to Sindh Board of Investment informed that SGARRP aims to assist Government of Sindh to promote broad base growth in Sindh particularly targeting the rural economies, While discussing the main objective of …

Karachi, December 06, 2012 (PPI-OT): The PIA management’s immediate goal is to bring down the average age of PIAs fleet and improve reliability and punctuality by on time departures and arrivals along with providing world class customer service to the valuable passengers. PIA Spokesman said here on Thursday. He said …

Karachi, December 06, 2012 (PPI-OT): Mobilink has inducted 2700 retailers within the first week of launching Mobicash. The induction of retailers has been based on a strategic spread in both rural and urban areas of the country to maximize financial reach to unbanked and under-banked consumers. Earlier last week, Mobilink …