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Daily Archives: September 23, 2016

DWP Group set to open ‘EcoStar – Gree Flagship Store’ in Bahria Town, Lahore

Lahore, September 23, 2016 (PPI-OT):DWP Group is all set to open on Tuesday it’s another state-of-the-art flagship store in Bahria Town, Lahore where Gree and Ecostar products will be available. The new store’s location is Plot No 39-A, Sector C, Commercial Area, Bahria Town, Lahore. “DWP Group is the official brand partner of GREE Air ...

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JCR-VIS assigns entity ratings to Shaheen Air International Limited

Karachi, September 23, 2016 (PPI-OT):JCR-VIS Credit Rating Company Limited (JCR-VIS) has assigned initial entity ratings of ‘A-/A-2’ (Single A Minus/ A-Two) to Shaheen Air International Limited (SAI). Outlook on the assigned ratings is ‘Stable’. Overall passenger traffic in Pakistan has grown at a CAGR of 5.3% over the last five years with air travel reaching ...

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JCR-VIS reaffirms IFS Rating of Jubilee Life Insurance Limited at AA+

Karachi, September 23, 2016 (PPI-OT):JCR-VIS Credit Rating Company Limited has reaffirmed the Insurer Financial Strength (IFS) Rating of Jubilee Life Insurance Limited (JLI) at ‘AA+’ (Double A Plus). Outlook on the assigned rating is ‘Stable’. The previous rating action was announced on May 04, 2015. The life insurance industry premiums, supported by Bancassurance business and ...

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Securities and Exchange Commission of Pakistan introduces cooling-off rights for individual unit holders of collective investment schemes

Islamabad, September 23, 2016 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) has directed all asset management companies (AMCs) to provide a right to individual unit holders to obtain a refund of their first time investment (cooling-off right) in an open end collective investment scheme (CIS). The refund may be obtained within three business days ...

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Industrial exporters delegation calls on Finance Minister

Islamabad, September 23, 2016 (PPI-OT):A delegation comprising industrial exporters including representatives of APTMA, leather and rice associations called on the Finance Minister today. The businessmen appreciated the incentives offered by the government to spur the growth in export sectors. The Finance Minister encouraged the business community to fully utilize the broad incentives given by the ...

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Foton group’s delegation calls on Finance Minister Ishaq Dar

Islamabad, September 23, 2016 (PPI-OT):A delegation from Foton Group, China called on the Finance Minister today. MoS / Chairman Board of Investment and SA to PM on Revenue also attended the meeting. The Foton Group appreciated the pro investment policies of the government and showed keen interest in investing in manufacturing a range of automobiles ...

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Pakistani and Bahraini Ministers to co-chair Pak-Bahrain Conference on 25th September: Javed Malik

Islamabad, September 23, 2016 (PPI-OT):The first and the largest Pakistan Bahrain Business Opportunities Conference being organized by Pakistan Embassy in the Kingdom of Bahrain will be co-chaired by Pakistani and Bahraini Commerce Ministers and a large number of businessmen and investors from Bahrain, and other Gulf countries are expected to attend the conference being organized ...

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