General Business News : AsiaNet-Pakistan

Category: General Business News

Industry for implementing ECC decision of energy tariff cut

November 16, 2018 |

Lahore, November 16, 2018 (PPI-OT): As the delay in the implementation of energy affordability initiative of the government has panicked the Punjab industry, the value-added knitwear industry has asked the government to get the ECC decision of lowering energy tariff …

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Martyrdom of SP Tahir in Afghanistan to be fully investigated: Shaukat

November 16, 2018 |

Khyber Pakhtunkhwa Minister for Information Shaukat Yousafzai says martyrdom of police officer Tahir Khan Dawar in Afghanistan will be fully investigated to know the real culprits.

In an interview with a private TV channel on Friday, he hoped that those …

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JCR-VIS Reaffirms Entity Ratings of Matco Foods Limited at A-/A-2

November 15, 2018 |

Karachi, November 15, 2018 (PPI-OT): JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the entity ratings of Matco Foods Limited (MFL) at ‘A-/A-2’ (Single A-Minus/ A-Two). The long-term rating of ‘A-’ signifies good credit quality and adequate protection factors. Risk …

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KCCI finalizes 19 Sub-Committees, 4 Special Committees for 2018-19

November 15, 2018 | General Business News

Karachi, November 15, 2018 (PPI-OT): The Karachi Chamber of Commerce and Industry (KCCI) has appointed Chairpersons of 19 Sub-Committees and four Special Committees for the year 2018-19. Chairman Businessmen Group and Former President KCCI, Siraj Kassam Teli, Vice Chairmen BMG …

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High-powered delegation of National Defense University visit Lahore Chamber of Commerce

November 15, 2018 | General Business News

Lahore, November 15, 2018 (PPI-OT): A high-powered delegation of National Defense University (NDU) comprising Members Parliament, high officials of Armed Forces and Bureaucrats had a study tour of the Lahore Chamber of Commerce and Industry.

The LCCI President Almas Hyder, …

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Razak Dawood appreciates services of SMEDA

November 15, 2018 | General Business News

Lahore, November 15, 2018 (PPI-OT): Mr. Razak Dawood, Advisor to Prime Minister on Commerce, Textile, Industry, Production and Investment during a briefing session appreciated services of the Small and Medium Enterprises Development Authority (SMEDA) for promoting SMEs in the country. …

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SITE President Criticizes Closing Gas Supply to Non-Zero rated Industries for three months

November 15, 2018 | General Business News

Karachi, November 15, 2018 (PPI-OT): Mr.Saleem Parekh, President, SITE Association of Industry, in a press statement, demanded the federal government to provide gas to Sindh province in accordance with the provisions of the Constitution of Pakistan. Mr.Parekh quoted Article 158 …

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PACRA Maintains Entity Ratings of Nishat Mills Limited

November 15, 2018 | General Business News

Lahore, November 15, 2018 (PPI-OT): The ratings reflect diversity of Nishat Mills underlying businesses, along with a conservative capital structure. This emanates from its implicit hold co structure within Nishat Group, providing resilience to adversities in underlying sectors, particularly textile, …

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Foodpanda Together With Its Customers Take on Diabetes

November 15, 2018 | General Business News

Karachi, November 15, 2018 (PPI-OT): On the occasion of Word Diabetes Day, the online food ordering juggernaut foodpanda decided to raise awareness regarding diabetes which is fast becoming a mounting epidemic in the country.

According to The Diabetes Prevalence Survey …

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JCR-VIS upgrades rating of outstanding PPTFC of Sindh Nooriabad Power Company Phase-I (Pvt.) Limited. Rating of ‘A+’ assigned to proposed Sukuk issue of Rs. 3billion

November 15, 2018 | General Business News

Lahore, November 15, 2018 (PPI-OT): JCR-VIS Credit Rating Company Limited (JCR-VIS) has upgraded rating of outstanding Privately Placed Term Finance Certificates (PPTFCs) to A (Single A) from A- (Single A Minus). A preliminary rating of A+ (Single A Plus) has …

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JCR-VIS assigns initial ratings to Chashma Sugar Mills Limited

November 15, 2018 | General Business News

Lahore, November 15, 2018 (PPI-OT): JCR-VIS Credit Rating Company Limited (JCR-VIS) has assigned initial entity ratings of ‘BBB+/A-2’ (Triple B-Plus/A-Two) to Chashma Sugar Mills Limited (CSML). The medium to long-term rating of ‘BBB+’ denotes adequate credit quality with reasonable protection …

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Committee constituted for creation of South Punjab province: Aleem

November 15, 2018 | General Business News, Sports

Punjab Senior Minister Abdul Aleem Khan says a committee has been constituted for creation of South Punjab province.

Talking to newsmen in Lahore on Thursday, he said a secretariat will soon be established in southern Punjab to relieve people of …

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