Islamabad, November 17, 2020 (PPI-OT): The business community in a meeting at Islamabad Chamber of Commerce and Industry (ICCI) has strongly protested against the 300 percent hike in the property tax in Islamabad and called upon the MCI/CDA to urgently withdraw this unjustified increase as it has made the federal …

Karachi, November 17, 2020 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the Insurer Financial Strength (IFS) rating of UBL Insurers Limited (UIL) at ‘AA’ (Double A). Outlook on the assigned rating is ‘Stable’. Previous rating action was announced on September 27, 2019. Reaffirmation of rating continues to draw …

Karachi, November 17, 2020 (PPI-OT): VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings of ‘BBB+/A-2’ (Triple B-Plus /A-Two) to Renacon Pharma Limited (RPL). The medium to long-term rating of ‘BBB+’ denotes adequate credit quality coupled with reasonable protection factors. Moreover, risk factors are considered variable if changes …

Karachi, November 17, 2020 (PPI-OT): VIS Credit Rating Company has withdrawn the entity ratings of ‘BBB/A-2’ (Triple B/A-Two) assigned to Allied Industries Hub (Pvt.) Limited (AIHPL), with immediate effect on account of management’s decision to discontinue the ratings. The previous rating action was announced on September 02, 2020. For more …

Karachi, Engro Powergen Qadirpur Limited informed Pakistan Stock Exchange that Board of Directors meeting of the Company will be held on November 20, 2020 at Karachi to consider the certain corporate actions.   Further, the company has declared the closed period from November 16, 2020 to November 20, 2020. “Engro …

Karachi, November 17, 2020 (PPI-OT): Sindh Chief Minister Syed Murad Ali Shah sharing daily coronavirus situation report with the media has said that nine more patients of the virus died overnight, lifting the death toll to 2,760 while 904 new cases emerged when 12430 samples were tested. In a statement …

Rawalpindi, November 17, 2020 (PPI-OT): General Qamar Javed Bajwa, Chief of Army Staff (COAS) visited Quetta today. COAS interacted with participants of National Workshop Balochistan. The National Workshop Balochistan is aimed at enhancing understanding of participants about critical national security issues, timely decision making process, national security management system and …