Monthly Archives: January 2021

CDC Launches New FinTech Initiative of Mutual Fund Digital Platform

Karachi, January 01, 2021 (PPI-OT): Central Depository Company of Pakistan Limited (CDC), through its subsidiary ITMinds Limited, has launched the pilot version of a digital platform to support the Mutual Fund industry. This platform, named “Emlaak Financials”, will function as a digital distribution channel initially for Mutual Funds and later …

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Global political, economic and social system damaged: Mian Zahid Hussain

Islamabad, January 01, 2021 (PPI-OT): Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said 2020 was a very painful year for the whole world. During the outgoing year, viruses damaged global …

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2020 was a great disappointment for masses

Islamabad, January 01, 2021 (PPI-OT): The Pakistan Economy Watch (PEW) on Friday said the 2020 was stained with inflation, unemployment, and political as well as economic instability marred the year 2020. The year was beneficial for influential mafia, profiteers, hoarders and politicians while it saw unprecedented inflation, unemployment, instability, lawlessness …

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VIS Suspends Management Quality Rating of AWT Investments Limited

Karachi, January 01, 2021 (PPI-OT): VIS Credit Rating Company (VIS) has suspended the Management Quality Rating (MQR) of ‘AM3+’ (AM Three Plus) assigned to AWT Investments Limited (AWTIL) with immediate effect, due to non-availability of current information for rating analysis. The rating will be reassessed as and when the required …

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