General Business News : AsiaNet-Pakistan

Category: General Business News

VIS Upgrades Entity Ratings of Adam Securities Limited

February 18, 2020 |

Karachi, February 18, 2020 (PPI-OT):VIS Credit Rating Company Ltd. (VIS) has upgraded entity ratings of Adam Securities Limited (ASL) to ‘BBB+/A-2’ (Triple B Plus/A-Two) from ‘BBB/A-3’ (Triple B /A-Three). The long term rating of ‘BBB+’ signifies adequate credit quality with …

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VIS Upgrades Management Quality Rating of Faysal Asset Management Limited

February 18, 2020 |

Karachi, February 18, 2020 (PPI-OT):VIS Credit Rating Company Ltd. has upgraded the Management Quality Rating (MQR) of Faysal Asset Management Limited (FAML) to ‘AM2’ (AM-Two) from ‘AM3+’ (AM-Three Single Plus). The rating signifies asset manager exhibiting very good management characteristics. …

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K-Electric removes Hazardous TV/Internet Cables from Power Infrastructure

February 18, 2020 | General Business News

Karachi, February 18, 2020 (PPI-OT):K-Electric (KE) has successfully removed more than 800 meters of unauthorized cable TV and internet wires from its electricity poles in various parts of Gulshan-e-Iqbal. This is part of KE’s ongoing campaign to rid the city’s …

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Pakistan State Oil reports Rs 6.4 billion profit after tax, outperformed the industry by a visible margin

February 18, 2020 | General Business News

Karachi, February 18, 2020 (PPI-OT):Pakistan State Oil (PSO), the leading oil marketing company of the country, convened its Board of Management (BoM) meeting at the PSO House in Karachi to review the performance of the company during first half of …

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Naya Nazimabad Hosts Send Off Lunch for Karachi Kings and Quetta Gladiators

February 17, 2020 | General Business News

Karachi, February 17, 2020 (PPI-OT):To celebrate Pakistan Super League seas 5 being played in Pakistan, Naya Nazimabad hosted a send-off lunch in honour of the PSL Teams Karachi Kings’ and Quetta Gladiators. The ceremony was attended by Governor Sindh, Imran …

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Agha criticizes NDMA for failing to respond to Kemari poisonous gas incident

February 17, 2020 | General Business News

Karachi, February 17, 2020 (PPI-OT):President Karachi Chamber of Commerce and Industry (KCCI) Agha Shahab Ahmed Khan, while expressing deep concerns over the death of six people and hospitalization of dozens of others on Sunday night in Kemari area due to …

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Imports substitution industry is indispensible to save foreign exchange reserves: FPCCI Budget Advisory Council

February 17, 2020 | General Business News

Karachi, February 17, 2020 (PPI-OT):A meeting of Federation of Pakistan Chambers of Commerce and Industry’s Advisory Council on Budget Proposals comprising of Senior Businessmen, Former Tax Officials, Tax Experts and Practitioners and leading economist held under the convenership of Mr. …

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SSGC Carries out Industrial Joint Survey, 1400 Illegal domestic Connections cut down

February 17, 2020 | General Business News

Karachi, February 17, 2020 (PPI-OT):The Sui Southern Gas Company’s SS and CGTO Department has been pulling out all the stops to identify and bring gas thieves to justice. For this purpose, the team carried out a joint industrial survey in …

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‘Dawlance Cook-Off’ Event Engages Appliance-Dealers in Islamabad

February 17, 2020 | General Business News

Karachi, February 17, 2020 (PPI-OT):Dawlance is the leading enterprise in Pakistan’s home-appliances and kitchen-electronics industry, which has always created fresh opportunities to empower its consumers, by engaging them in informative and healthy socio-cultural activities. Recently, Dawlance held a ‘Cook-Off’ event …

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HUBCO would set up domestic effluent recycling project for industries

February 17, 2020 | General Business News

Karachi, February 17, 2020 (PPI-OT):HUBCO delegation visited the office of Mr. Suleman Chawla, President SITE Association of Industry and discusses the plans to build a domestic effluent recycling project in Karachi to provide consistent and reliable industrial grade water to …

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UK Deputy High Commissioner in Karachi visits Central Depository Company

February 17, 2020 | General Business News

Karachi, February 17, 2020 (PPI-OT):A delegation from British Deputy High Commission (BDHC) Karachi, headed by His Excellency Mr. Mike Nithavrianakis, British Deputy High Commissioner in Karachi visited the Central Depository Company (CDC) on February 13, 2020. Representatives of leading Pakistani …

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Propaganda about presence of Novel Corona Virus in Chicken is Misleading

February 17, 2020 | General Business News

Lahore, February 17, 2020 (PPI-OT):Ch. Muhammad Fargham, Vice Chairman Pakistan Poultry Association (Northern Region), in a Press Briefing informed that poultry sector is one of the most organized branches of the agro-based sector of Pakistan. Poultry Sector has been serving …

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