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Daily Archives: November 6, 2020

PACRA Maintains IFS Rating of Jubilee General Insurance Limited

Lahore, November 06, 2020 (PPI-OT): The rating reflects Jubilee General’s robust risk management framework facilitating the company in sustaining sound profitability. The persistent investment income augers well for the bottom line of the company giving it a strong cushion though underwriting profitability needs to be enhanced. The rating recognizes the …

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PACRA Assigns Initial Entity Ratings to Orient Rental Modaraba

Lahore, November 06, 2020 (PPI-OT): Orient Rental Modaraba (ORM), a subsidiary of ASJN Holding (Pvt) Ltd, is primarily engaged in rental and operation and maintenance of Gensets. The company enjoys patronage from established sponsor i.e. Orient Energy System. Operating with two revenue streams; Rental and, Operation and Maintenance (O and …

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PACRA Maintains Entity Ratings of Habibullah Coastal Power Company (Private) Limited

Lahore, November 06, 2020 (PPI-OT): Habibullah Power’s Gas Supply Agreement (GSA) with Sui Southern Gas Company Limited (SSGCL), expired in Sep 2019. The company applied for renewal of GSA in Mar 2018. The company is in negotiation with SSGCL for finalization of GSA. In 2019 Economic Coordination Committee (ECC) has …

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Trade Development Authority of Pakistan in collaboration with Pakistan National Accreditation Council successfully concluded awareness webinar on ‘Halal Accreditation: A Gateway to International Trade’

Karachi, November 06, 2020 (PPI-OT): Trade Development Authority of Pakistan in collaboration with Pakistan National Accreditation Council successfully concluded an awareness seminar / webinar on “Halal Accreditation; A Gateway to International Trade” on the 4th November 2020 (Wednesday) at Trade Development Authority of Pakistan, HQ, Karachi. Mr. Abdul Karim Memon, …

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TDAP webinar on opportunities arising from 2nd Phase of China Pakistan Free Trade Agreement opening of New Textile Tariff Lines

Karachi, November 06, 2020 (PPI-OT): Trade Development Authority of Pakistan and Trade and Investment Wing, Embassy and Consulate of Pakistan in China organized a webinar on 5th November, 2020 on opportunities arising from 2nd phase of China Pakistan Free Trade Agreement (CPFTA-II) and opening of new tariff lines. Key note …

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