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Karachi, January 01, 2021 (PPI-OT): VIS Credit Rating Company Limited (VIS) has maintained the entity ratings of Cyan Limited (CL) at ‘A/A-1’ (Single A/A-One). Outlook on the assigned rating has been revised from ‘Stable’ to ‘Negative’. Previous rating action was announced on December 31, 2019. Assigned ratings continue to derive …
Read More »Monthly Archives: January 2021
2020 was worst year in country’s history
Islamabad, January 01, 2021 (PPI-OT): Former President ICCI Shahid Rasheed Butt on Thursday said the 2020 was worst year in the country’s history which was very hard for masses and tough for almost all the sectors of the economy. Masses faced unprecedented inflation, the industrial sector slowed down while the …
Read More »ICCI hails extension in relief package for construction industry
Islamabad, January 01, 2021 (PPI-OT): Fatima Azim, Acting President, Islamabad Chamber of Commerce and Industry (ICCI) said that the business community of the entire country was demanding extension in the relief package for the construction industry as insufficient time was given to take advantage of it and hailed the announcement …
Read More »SECP allows digital accounts opening for mutual fund investors
Islamabad, January 01, 2021 (PPI-OT): As part of its efforts to usher in a new era of smart investments, the Securities and Exchange Commission of Pakistan (SECP), has introduced the digital onboarding mechanism for investors of the Asset Management Companies (AMCs). In this respect, SECP has issued Circular No 35 …
Read More »Pakistan moving in right direction with policies aimed at bringing people out of poverty: Prime Minister
Islamabad, January 01, 2021 (PPI-OT): Prime Minister Imran Khan says Pakistan is moving in the right direction with the policies aimed at bringing people out of poverty through wealth creation. He was speaking at the launching ceremony of new vehicles being introduced in Pakistan, in Islamabad today (Friday). The Prime …
Read More »Pakistan moving towards a welfare state: Prime Minister
Islamabad, January 01, 2021 (PPI-OT): Prime Minister Imran Khan says we are moving forward to making Pakistan a welfare state. In a series of tweets today (Friday), he said our Ehsaas programme provides social security and our health card scheme provides the poor with proper medical access. The Prime Minister …
Read More »Government ready for dialogue with opposition at forum of parliament on national issues: FM
Islamabad, January 01, 2021 (PPI-OT): Foreign Minister Shah Mahmood Qureshi says the government is ready for dialogue with the opposition at the forum of parliament on national issues, but not on the ongoing accountability process. Talking to the media at the Parliament House on Friday, he said Prime Minister Imran …
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