Lahore, November 02, 2015 (PPI-OT): The Lahore Chamber of Commerce and Industry has started work to prepare a report on “Ease of doing business in Pakistan”. The objective of this initiative is to identify the hurdles coming in the way of businesses and to suggest doable solutions to the government. The decision was made by ...
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Brazil ready to help Pakistan in energy, agriculture and other sectors: Ambassador
Islamabad, November 02, 2015 (PPI-OT): Brazil was the 7th largest economy of the world with lot of experience and expertise in various fields and it was ready to cooperate with Pakistan in overcoming its problems in energy, agriculture and other sectors, observed H.E. Mr. Claudio Raja Gabaglia Lins, Ambassador of Brazil while addressing business community ...
Read More »Trust Deed Signing of BMA Minhaj Islamic Income Fund
Karachi, November 02, 2015 (PPI-OT): BMA Asset Management Company Limited (BMA Funds), a Non Banking Finance Company, formally signed the Trust Deed for its forthcoming Islamic Income Scheme, BMA Minhaj Islamic Income Fund at CDC Pakistan. The event brought together the representatives from CDC, trustee of the BMA Minhaj Islamic Income fund and the Senior ...
Read More »JCR-VIS revises ratings of Independent Media Corporation (Private) Limited
Karachi, November 02, 2015 (PPI-OT): JCR-VIS Credit Rating Company Limited has revised TFC rating of Independent Media Corporation (Pvt.) Ltd. (IMCL) from ‘A-’ (Single A Minus) to ‘BBB-’ (Triple B Minus). Rating Watch -‘Negative’ status assigned to the ratings has been removed. Outlook on the assigned ratings is ‘Stable’. The previous rating action was announced ...
Read More »Securities and Exchange Commission of Pakistan grants in principle approval to the formation of Pakistan Stock Exchange
Islamabad, November 02, 2015 (PPI-OT): The Securities and Exchange Commission of Pakistan (SECP) has today granted in-principle approval to the schemes of integration between the Karachi Stock Exchange Limited (KSE), Lahore Stock Exchange Limited (LSE) and Islamabad Stock Exchange Limited (ISE) under the name of Pakistan Stock Exchange (PSE). The Commission, in exercise of the ...
Read More »Foreign Minister of Senegal calls on Minister for Defence Production
Islamabad, November 02, 2015 (PPI-OT): H.E Mr. Mankuer NDIAYE Foreign Minister of Senegal called on Rana Tanveer Hussain, Minister for Defence Production at Ministry of Defence Production Rawalpindi who is on 02 days visit to Pakistan as a follow up to the meeting between the Prime Minister of Pakistan and the President of Senegal on ...
Read More »Pakistan is investment friendly country and an attractive destination for foreign investors: President
Islamabad, November 02, 2015 (PPI-OT): President Mamnoon Hussain has said that Pakistan is an investment friendly country and an attractive destination for foreign investors and urged the ambassador to highlight government’s liberal investment policies to attract Kuwaiti investment. The President said this while talking to Pakistan’s ambassador-designate to Kuwait, Mr. Ghulam Dastagir, who called on ...
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