Karachi, December 29, 2017 (PPI-OT):JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the Insurer Financial Strength rating of Chubb Insurance Pakistan Limited (CIPL) at ‘AA’ (Double A). Outlook on the assigned rating is ‘Stable’. The previous rating action was announced on 30th December, 2016. The assigned rating takes note of CIPL’s robust risk-adjusted capitalization as ...

Karachi, December 29, 2017 (PPI-OT):JCR-VIS Credit Rating Co. Ltd. (JCR-VIS) has upgraded the Fund Stability Rating of UBL Government Securities Fund (UGSF) to ‘A+(f)’ (Single A Plus(f)) from ‘A(f)’ (Single A (f)). The previous rating action was announced on December 30, 2016. The rating upgrade reflects significant decline in duration of the fund which is ...

Islamabad, December 29, 2017 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) has directed the Pakistan Stock Exchange Limited (PSX) to fix the number of directors and hold election of shareholder directors in accordance with requirements of the Companies Act, 2017. The SECP direction has been issued to ensure good governance and for the true ...

Karachi, December 29, 2017 (PPI-OT):Sindh Chief Minister Syed Murad Ali Shah has said that Bank of China will play its due role not only in the economic development of Pakistan but also be a catalyst in further strengthening our bilateral...

Karachi, December 29, 2017 (PPI-OT):Sindh Chief Minister Syed Murad Ali Shah has said quality education would emerge in public sector when teaching skills and of will of teaching would develop among the teaching staff. “I think, there is lack of...

Karachi, December 29, 2017 (PPI-OT):The health emergency declared in the province has produced some congenial results but still there is lot to do to provide best free of cost health facilities to each and every citizen of the province. The...

Karachi, December 29, 2017 (PPI-OT):Sindh Chief Minister Syed Murad Ali Shah has said that Syed Abdullah Shah Institute of Medical Sciences (SASIMS) Sehwan is most important health and teaching facility located on the Indus Highway, therefore it must be made...