General Business News

Category: General Business News

Huawei developing ICT infrastructure for Digital Pakistan vision

November 24, 2020 |

Islamabad, November 24, 2020 (PPI-OT): Pakistan is one of the fastest-growing and maturing ICT markets in the region today. The nation’s leaders recognize that digital infrastructure forms the building blocks of a more intelligent society, and that the people who work within the sector are helping to spur all local industries forward while contributing to […]

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Samsung Brings its Official eStore Experience to Pakistan

November 24, 2020 |

Karachi, November 24, 2020 (PPI-OT): Samsung Pakistan brings its customers an all-new shopping experience. The tech giant rolled out their official eStore in Pakistan on the 24th of November. The eStore launch comes at a time when in-store shopping has been rendered difficult and unsafe due to the rampant COVID-19 pandemic. This platform will enable […]

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Realme 7 Pro Now Available Nationwide at a Price Tag of PKR 54,999

November 24, 2020 |

Islamabad, November 24, 2020 (PPI-OT): The latest device from technology company Realme, the Realme 7 Pro, is now available nationwide at a price tag of PKR 54,999. The phone comes with 65W SuperDart Charge which, according to the company, gives 100% charging in just 34 minutes. It is equipped with a Qualcomm Snapdragon 720G Mobile […]

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Emirates Offers Expanded, Multi-Risk Travel Insurance Coverage

November 24, 2020 |

Karachi, November 24, 2020 (PPI-OT): Emirates customers can now plan their travels and fly with even greater assurance and peace of mind, with the airline’s latest industry-first initiative to provide expanded, multi-risk travel cover on top of its current COVID-19 cover. Provided by Emirates at no additional cost to its customers, and provided by AIG […]

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Wyeth Pakistan and Pfizer Pakistan Limited partner with Chughtai Lab to improve access to vaccines for patients

November 24, 2020 |

Lahore, November 24, 2020 (PPI-OT): Wyeth Pakistan Limited, an affiliate of Pfizer Pakistan Limited, and Chughtai Lab have joined hands to improve access to vaccines by establishing vaccination centers at various spots across the country. This initiative is driven by core values and commitment of both Pfizer and Chughtai Lab to impact patients’ lives. The […]

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Systems Limited Wins Forbes Asia’s Best under a Billion Award

November 24, 2020 |

Karachi, November 24, 2020 (PPI-OT): Achievements continue for Systems Limited, Pakistan’s global technology leader, as the country’s premier technology organization won Forbes Asia’s Best Under A Billion Award. The award ceremony was held in a virtual format for the first time and celebrated the success of the companies that made it to the well-researched list […]

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Economic Team Urged to Follow Proposals of the IMF Cautiously

November 24, 2020 |

Karachi, November 24, 2020 (PPI-OT): The Union of Small and Medium Enterprises (UNISAME) apprehends harsh disciplining by International Monetary Fund (IMF) officials in forthcoming deliberations and urges Pakistan Economic team to be cautious to suggestions not completely suitable to country’s interest. President UNISAME Zulfikar Thaver said fortunately or unfortunately it is time again for deliberations […]

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VIS Revises Ratings of Shakarganj Food Products Limited

November 24, 2020 |

Karachi, November 24, 2020 (PPI-OT): VIS Credit Rating Company Limited (VIS) has revised the entity ratings of Shakarganj Food Products Limited (SFPL) from ‘A-/A-2’ (Single A-Minus/A-Two) to ‘BBB+/A-3’ (Triple B Plus/A-Three). The medium to long-term rating of ‘BBB+’ denotes adequate credit quality coupled with reasonable protection factors. Moreover, risk factors are considered variable if changes […]

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VIS Maintains Entity Ratings of Shajar Roads Limited

November 24, 2020 |

Karachi, November 24, 2020 (PPI-OT): VIS Credit Rating Company Limited (VIS) has maintained the entity ratings of Shajar Roads Limited (SRL) at ‘A/A-2’ (Single A/A-Two). The medium to long-term rating of ‘A’ denotes good credit quality coupled with adequate protection factors. The short-term rating of ‘A-2’ denotes good certainty of timely payments. Liquidity factors and […]

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VIS Reaffirms Ratings of Shifa International Hospitals Limited

November 24, 2020 |

Karachi, November 24, 2020 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Shifa International Hospitals Limited (Shifa) at ‘AA-/A-1’ (Double A Minus /A-One). The medium to long-term rating of ‘AA-’ denotes high credit quality coupled with strong protection factors. Moreover, risk factors may vary slightly with possible changes in the […]

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Digital Custodian Company Limited Acquires MCB Financial Services Limited

November 24, 2020 |

Lahore, November 24, 2020 (PPI-OT): Renamed Digital Custodian Company (DCC) Limited starts operations as a licensed Trustee and Custodian company under the Non-Banking Finance Companies (NBFC) regime of Securities and Exchange Commission of Pakistan (SECP), after the acquisition of MCB Financial Services Company by a consortium of ISE RMC and InfoTech Pakistan Limited. DCC will […]

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Zong launches ‘Taleem Bundle’ for Allama Iqbal Open University to Support E-learning

November 24, 2020 |

Islamabad, November 24, 2020 (PPI-OT): To equip students with the fastest data connectivity for distant and e-learning programs, Zong has introduced a comprehensive data package called ‘Taleem Bundle’ for the students of Allama Iqbal Open University (AIOU). The signing ceremony took place at AIOU where Zong 4G’s Director Govt and Corporate Sales and Services Mr. […]

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