Lahore, December 28, 2020 (PPI-OT): The rating reflect EFG Hermes Pakistan Limited’s (“EFG Hermes” or “The Company”) association with an international financial services group “EFG Hermes” having access to emerging and frontier markets. The Company has carved its footprint in thirteen countries across four continents, spanning 35 years of growth. …

Lahore, December 28, 2020 (PPI-OT): Tapal, Ismail, and Akhtar groups have set up a 30MW wind power plant – ACT Wind (Private) Limited. The ratings assigned take into account its strong ownership profile with Tapal Group, Ismail Group, and Akhtar Group, holding equal stake in the company. The commissioning of …

Lahore, December 28, 2020 (PPI-OT): Pakistan’s ethanol industry is largely export based owing to meager domestic consumption. The Country’s ethanol exports stood at USD 392mln in MY20, growing steeply by ~39% due to increased volumes. Prices in the global market have been fluctuating, due to the sudden closure of businesses …

Joint session of Pak-Afghan Transit Trade Coordination Authority held in Islamabad on Monday. Addressing the meeting, Adviser on Commerce Abdul Razak Dawood said government is making all out efforts to remove all hindrances in trade with Afghanistan. Speaking on the occasion, Afghan Commerce Minister said that Afghanistan welcomes the Pakistani …

Minister of State for Parliamentary Affairs Ali Muhammad Khan said people rejected the agenda of opposition parties in the country. Talking to newsmen in Quetta, he said opposition parties should come in parliament to play their role in addressing the problems of people.   Source: Radio Pakistan

Punjab Chief Minister Sardar Usman Buzdar has directed the Provincial Price Control Committee to continue administrative measures to stabilize the prices of essential commodities besides ensuring their availability to the people at fixed prices. In a directive issued from Lahore, the Chief Minister directed to keep a vigilant eye on …

A delegation of religious scholars from Balochistan, led by Deputy Speaker National Assembly Qasim Khan Suri, called on President Dr. Arif Alvi in Islamabad. The meeting was aimed at interacting with the Ulema to enhance the pulpit’s role on different social issues like women rights, promotion of breastfeeding and prevention …