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Category: Equity & Non Equity Investment Instruments
Karachi: JCR-VIS Credit Rating Company Limited (JCR-VIS) has downgraded the Insurer Financial Strength (IFS) rating of The Crescent Star Insurance Company Limited (CSICL) from ‘BBB-’ (Triple B Minus) to ‘BB+’ (Double B Plus). The rating remains under ‘Rating Watch – Developing Status’ given the continuing shortfall in the company’s paid-up capital vis-à-vis minimum capital requirement. […]
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Islamabad: Dr. Datuk Seri Samy Vielu, Special Envoy of the Malaysian Prime Minister, called on Prime Minister Syed Yusuf Raza Raza Gilani at the PM’s House today and expressed the Malaysian firms’ keen interests to invest in Pakistan especially in the fields of energy and infrastructure for which the lucrative opportunities exist in the country. […]
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Islamabad: The Securities and Exchange Commission of Pakistan (SECP) held a stakeholders conference on the Fertilizer Industry (Cost Accounting Records) Order, 2011 (Order) in Islamabad. All the major participants of the fertilizer industry were present at the conference in addition to representatives from the Competition Commission of Pakistan. The participants appreciated the SECP’s initiative to […]
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Islamabad: Foreign Minister Hina Rabbani Khar Assalam-o-Alaikum and good afternoon everyone, and thank you. Foreign Minister, this is right after Jum’a prayer and the large presence over here shows that you are very popular here in Pakistan. Let me welcome Foreign Minister Mr. Westerwelle in Pakistan for the second time in this calendar year. This […]
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Lahore: The Multilateral Investor and Trade conference 2011 a joint effort, by the bilateral business groups of friendly countries based in Pakistan and the Board of Investments (BOI) and Trade Development Authority of Pakistan (TDAP), to boost global business relations between progressive countries and Pakistan, was an outstanding success with 46 investors and business leaders […]
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Lahore: JETRO Japan External Trade Organization has taken the initiative to set up a Japan pavilion at the 6th EXPO PAKISTAN Exhibition to be held from 20th October to 23rd, 2011 for the first time. With a wide coverage of Japanese representation in the leading sectors of Pak economy, latest and updated products will be […]
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Islamabad: The SECP is committed to playing a facilitating role in increasing the insurance penetration in Pakistan and engaging the stakeholders in policy dialogue and frequent communication with the industry. The new solvency rules for insurance companies have been finalized and will be notified very soon. Simultaneously, the work on rules of micro insurance, which […]
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