2020 December : AsiaNet-Pakistan

Archive for December, 2020

VIS Upgrades Fund Stability Rating of First Habib Cash Fund

December 31, 2020 |

Karachi, December 31, 2020 (PPI-OT):VIS Credit Rating Company Limited (VIS) has upgraded the Fund Stability Rating (FSR) of First Habib Cash Fund (FHCF) to ‘AA+ (f)’ (Double A Plus (f)) from AA (f) (Double A (f)). The previous rating action was announced on December 31, 2019. FHCF is a money market fund with an objective […]

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Zong 4G Launches New Super Star Offer

December 31, 2020 |

Islamabad, December 31, 2020 (PPI-OT):Zong 4G has launched a new offer called Super Star Offer for customers in the central region that is designed to meet the growing digital connectivity needs of customers. The Zong Super Star Offer brings 3000 Zong minutes and SMSs, 400 All Net Minutes, and 8GB of the Internet at an […]

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Need stressed for promoting trade ties between Pakistan and Djibouti

December 31, 2020 |

Islamabad, December 31, 2020 (PPI-OT):Fatma Azim, Acting President, Islamabad Chamber of Commerce and Industry (ICCI) said that Pakistan and the Republic of Djibouti should focus on promoting bilateral trade and economic relations as both countries have the potential to do trade in many items. She said this while addressing a delegation of the Republic of […]

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PACRA Maintains Entity Ratings of Tufail Chemical and Surfactants (Private) Limited

December 31, 2020 |

Lahore, December 31, 2020 (PPI-OT):Tufail Chemical and Surfactants (Pvt.) Limited’s (the Company) ratings reflect adequate business profile of the Company, characterized by a relatively limited capacity and modest profitability. The Company is associated with Tufail Chemical Industries Limited and majority of its surfactants (LABSA and SLES) sales are channelled through Tufail Chemical Industries Limited. Thus, […]

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PACRA Assigns Entity Ratings to Zaver Petroleum Corporation Limited

December 31, 2020 |

Lahore, December 31, 2020 (PPI-OT):Zaver Petroleum Corporation (Pvt) Limited (Zaver “ZPCL”) is part of the group which includes Orient Petroleum Inc. (OPI) and Orient Petroleum Pty Ltd. (OPPL). Zaver Petroleum Corporation (Pvt) Limited is engaged in the exploration, development and production of oil and natural gas reserves in Pakistan. Currently, ZPCL operates one exploration block […]

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COVID-19 claims 27 mores lives, infects 1,254 others

December 31, 2020 |

Karachi, December 31, 2020 (PPI-OT):Sindh Chief Minister Syed Murad Ali Shah has said that 27 more patients died lifting the death toll to 3,560 and 1,254 new cases emerged when 13,383 tests were conducted. In a statement issued here from, CM House, he said that 27 more patients lost their lives overnight lifting the death […]

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Pakistan Navy conducts fleet annual efficiency competition parade upon culmination of operational year

December 31, 2020 |

Islamabad, December 31, 2020 (PPI-OT):Pakistan Navy Fleet Annual Efficiency Competition Parade was held at Pakistan Navy Dockyard, Karachi. Chief of the Naval Staff, Admiral Muhammad Amjad Khan Niazi graced the occasion as Chief Guest. Upon his arrival, the Chief Guest was received by Commander Pakistan Fleet, Rear Admiral Naveed Ashraf. Speaking on the occasion, Chief […]

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Ambassador of Japan greets Pakistani people on New Year; expresses resolve to further deepen Japan-Pakistan relations in all spheres

December 31, 2020 |

Islamabad, December 31, 2020 (PPI-OT):H.E. MATSUDA Kuninori, Ambassador of Japan to Pakistan, has reiterated his commitment to continue working with partners in Pakistan for the common agenda of peace, stability and development of the country aiming to further deepen the amicable relations between the two countries. Ambassador MATSUDA, in his message of felicitation on the […]

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18th meeting of the SC on Climate Change meet today

December 31, 2020 |

Islamabad, December 31, 2020 (PPI-OT):18th meeting of the Standing Committee on Climate Change has been held today under the Chairpersonship of Ms. Munaza Hassan, MNA. 2. The meeting started with the recitation from the Holy Quran. Then, the Committee decided to proceed with the agenda. The Committee unanimously confirms the minutes of its previous meeting […]

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NA remained undeterred and stood shoulder to shoulder with people during covid-19 pandemic

December 31, 2020 |

Islamabad, December 31, 2020 (PPI-OT):The year 2020 was marked with the ever worst Pandemic of COVID-19 which halted the wheel of life all around the world including Pakistan. Inspite of the severe emerged challenges due to COVID-19, National Assembly remained steadfast and stood shoulder by shoulder with the Nation and kept itself in functional state […]

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Enforcement of PFM Act 2019 will address ministries’ issues: Shafqat

December 31, 2020 |

Islamabad, December 31, 2020 (PPI-OT):Federal Minister for Education, Professional Training, National Heritage and Culture Shafqat Mahmood has said with the enforcement of Public Finance Management Act 2019, many financial issues of the respective ministries will be addressed. Presiding over the meeting of Cabinet Committee on Institutional Reforms in Islamabad on Thursday, he said the enforcement […]

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New phase of decisive struggle to begin next year under PM Imran leadership: Shibli

December 31, 2020 |

Islamabad, December 31, 2020 (PPI-OT):Minister for Information and Broadcasting, Shibli Faraz says Prime Minister Imran Khan has set the direction right for economic progress of the country by taking bold decisions. In a series of tweets on Thursday, he said a new phase of decisive struggle will begin in January next year under the leadership […]

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