April 11, 2014 - AsiaNet-Pakistan

Archive for April 11th, 2014

Pakistan Credit Rating Agency Limited assigns IFS rating to The Universal Insurance Company Limited

April 11, 2014 | General Business News

Lahore, April 11, 2014 (PPI-OT): The Pakistan Credit Rating Agency (PACRA) has assigned IFS rating of “BBB+” (Triple B plus) to The Universal Insurance Company Limited (Universal Insurance). The rating denotes good capacity to meet policyholder and contract obligations. The rating reflects improved financial risk profile of Universal Insurance enabled by fresh capital injection and …

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Securities and Exchange Commission of Pakistan takes action against non – compliant market participants

April 11, 2014 | General Business News

Islamabad, April 11, 2014 (PPI-OT): The development of transparent and efficient securities market is one of the prime objectives of the Securities and Exchange Commission of Pakistan (SECP). Accordingly, Securities Market Division of the SECP took enforcement actions and penalized the market participants for non – compliance with the regulatory framework during the month of …

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Meeting of Chief Executive Trade Development Authority of Pakistan with Pakistan Hardware Merchant Association

April 11, 2014 | General Business News

Karachi, April 11, 2014 (PPI-OT): A delegation of the Pakistan Hardware Merchants Association led by Circle Chairman (Sindh/Balochistan), Mr. Tariq Yunus met with the Mr. S.M Muneer, Chief Executive, Trade Development Authority of Pakistan at Karachi. The most prominent traders from the industry were represented who had detailed discussion with the CE regarding various issues …

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Meeting of Chief Executive Trade Development Authority of Pakistan with Pakistan Chemical and Dyes Merchants Association

April 11, 2014 | General Business News

Karachi, April 11, 2014 (PPI-OT): A delegation of the Pakistan Chemical and Dyes Merchants Association led by its Chairman, Mr.Shaukat Riaz met with Mr.S.M Muneer, the Chief Executive, Trade Development Authority of Pakistan at Karachi. The most prominent traders from the industry were represented who had detailed discussion with the CE regarding various issues related …

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A delegation of Federation of Pakistan Chambers of Commerce and Industry calls on President

April 11, 2014 | General Business News

Karachi, April 11, 2014 (PPI-OT): President Mamnoon Hussain has called upon the business community and entrepreneurs to come forward and play their active role to further augment the ongoing process of economic turnaround and help the government in its efforts to harness the vast trade and investment potential, the country offers in diverse fields. The …

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Prime Minister meets Chinese investors

April 11, 2014 | General Business News

Sanya, April 11, 2014 (PPI-OT): Prime Minister Muhammad Nawaz Sharif has said that the early harvest projects are important for Pakistan and their timely completion will give the required boost to our economy. Prime Minister said this at a breakfast meeting with Chinese investors in Sanya, China. Mr. Qui Yafu Chairman RUYI group, a textile …

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Finance Minister urged to take immediate positive measures to maintain exports

April 11, 2014 | General Business News

Karachi, April 11, 2014 (PPI-OT): The Union of Small and Medium Enterprises (UNISAME) has invited the attention of the federal finance minister (FM) Ishaq Dar to the appreciation of the rupee and informed him that the business community is as such happy at the strengthening of the rupee but desires that the government simultaneously announce …

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Pakistan and Australia are natural partners in Agriculture sector as Pakistan has rich Agriculture tradition while Australia is world leader in Agriculture Research and innovation: Peter Heyward

April 11, 2014 | Industries

Lahore, April 11, 2014 (PPI-OT): Pakistan and Australia are natural partners in Agriculture sector as Pakistan has a rich Agriculture tradition while Australia is world leader in Agriculture Research and innovation. This was stated by Australian High Commissioner Peter Heyward while talking to LCCI President Engineer Sohail Lashari here on Friday. Senior Trade Investment Commissioner …

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Capital Development Authority asked to shift auto workshops from city to Auto Market

April 11, 2014 | Industries

Islamabad, April 11, 2014 (PPI-OT): Local traders have called upon the Capital Development Authority to shift all auto workshops from the city to I-10/3 Auto Market. Khalid Chaudhry, Senior Vice President, Islamabad Chamber of Commerce and Industry and Secretary Information of Traders Action Committee, Islamabad said that with the efforts of ICCI, CDA had allotted …

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Pakistan Afghanistan Joint Chamber of Commerce and Industry, Directorate General of Training and Research (Customs) to hold interactive sessions for businesses of Pakistan-Afghanistan: Zubair Motiwala

April 11, 2014 | Industries

Karachi, April 11, 2014 (PPI-OT): The business communities across the border are very keen to strengthen bilateral business ties; therefore it is imperative to nourish the opportunities for mutual benefits. This was stated by Mr. Zubair Motiwala, Co-President PAJCCI at an “Interactive session between Pakistan Customs in collaboration with PAJCCI and Afghan Consulate in Karachi” …

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MOL Group’s LEAD Program wins Leadership 500 Award

April 11, 2014 | General Business News

Karachi, April 11, 2014 (PPI-OT): MOL Group’s LEAD program has been selected as best in the category of international companies of HR.com’s Leadership 500 Award. The prestigious award acknowledges MOL Group’s efforts in attracting and developing top talents globally. HR.com organization is the leading global community with 200,000 members showcasing best HR practices, latest trends …

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Samsung and Ufone co-launch Galaxy S5 and Gear Fit in Pakistan

April 11, 2014 | General Business News

Lahore, April 11, 2014 (PPI-OT): Samsung Electronics Pakistan and Ufone announced the co-launch of Galaxy S5 and Gear Fit. Both companies are confident that this partnership will bear fruit and deliver exquisite end product and services to the customers – something they are both well known for in the industry. Samsung Electronics Pakistan also announced …

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