General Business News : AsiaNet-Pakistan

Category: General Business News

PACRA Maintains Debt Instrument Rating of TPL Trakker Limited

December 13, 2018 | General Business News

Lahore, December 13, 2018 (PPI-OT): The ratings incorporate TPL’s leadership position in Pakistan’s tracking industry, emanating from its multifaceted product portfolio and superior technology infrastructure. STE is exposed to border closure risk, nonetheless company has expanded its cargo monitoring business …

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PACRA Maintains IFS Rating of Atlas Insurance Limited

December 13, 2018 | General Business News

Lahore, December 13, 2018 (PPI-OT): Atlas Insurance is a mid-sized insurance company with a constantly growing underwriting performance as a result of quality insurance business and a stable business mix. The rating reflects financial soundness of the company alongside providing …

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PACRA Maintains Entity Ratings of JS Global Capital Limited

December 13, 2018 | General, General Business News

Lahore, December 13, 2018 (PPI-OT): The ratings reflect JS Global Capital Limited’s (JSGCL) leading position in the brokerage industry emanating from an established brand, sizeable and growing market share, and a sound operating platform. The ratings incorporate JSGCL’s robust financial …

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JCR-VIS assigns Initial Ratings of Mustaqim Dyeing and Printing Industries (Private) Limited

December 13, 2018 | General Business News

Karachi, December 13, 2018 (PPI-OT): JCR-VIS Credit Rating Company Limited (JCR-VIS) has assigned initial entity ratings of ‘A-/A-2’ (A Minus/A-Two) to Mustaqim Dyeing and Printing Industries (Private) Limited (MDPIPL). Outlook on the assigned ratings is ‘Stable’.

Mustaqim Dyeing and Printing …

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PACRA Maintains Debt Instrument Rating of TPL Trakker Limited

December 13, 2018 | General Business News

Lahore, December 13, 2018 (PPI-OT): The ratings incorporate TPL’s leadership position in Pakistan’s tracking industry, emanating from its multifaceted product portfolio and superior technology infrastructure. STE is exposed to border closure risk, nonetheless company has expanded its cargo monitoring business …

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Turkish Consul General for increasing interaction, encouraging joint ventures to improve trade volume

December 13, 2018 | General Business News

Karachi, December 13, 2018 (PPI-OT): Consul General of Turkey Tolga Ucak has said that although Turkey and Pakistan have been enjoying excellent relations but the trade volume remains limited at around US$700 million so ‘we have to do more’ by …

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PACRA Maintains IFS Rating of Atlas Insurance Limited

December 13, 2018 | General Business News

Lahore, December 13, 2018 (PPI-OT): Atlas Insurance is a mid-sized insurance company with a constantly growing underwriting performance as a result of quality insurance business and a stable business mix. The rating reflects financial soundness of the company alongside providing …

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Steel Melters give SOS call to the government

December 13, 2018 | General Business News

Lahore, December 13, 2018 (PPI-OT): Steel Melters on Thursday gave an SOS call to the government over the issue of discrimination in taxes and utility prices that have pushed entire industry to the wall. A delegation of Pakistan Steel Melters …

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FPCCI strongly condemned closure of industrial captive power till further notices issued by SSGC to industries

December 13, 2018 | General Business News

Karachi, December 13, 2018 (PPI-OT): Syed Mazhar Ali Nasir, Senior Vice President FPCCI criticized the SSGC for not taking the industries into confidence and making the decision in such a abrupt manner. The government must understand that non-supply of gas …

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Pakistan Stock Exchange and Critical Mass Karachi collaborated for a bike ride

December 13, 2018 | General Business News

Karachi, December 13, 2018 (PPI-OT): Pakistan Stock Exchange (PSX) and Critical Mass Karachi (CMK) collaborated for a bike ride that started from Clifton and passed through the business district of Karachi. They visited business landmarks and made a stop at …

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AJK DWP approves two projects of Rs 7.5 bln

December 13, 2018 | General Business News

The Azad Jammu and Kashmir Development Working Party in its meeting held in Muzaffarabad today approved twenty two projects costing seven and a half billion rupees.

The Additional Chief Secretary (Development) Dr. Syed Asif Hussain presided over the meeting.

These …

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Junaid Makda asks FBR to issue notification about acceptance of stranded cases

December 12, 2018 | General Business News

Kara, December 12, 2018 (PPI-OT): While referring to Prime Minister’s directions given to the concerned Ministry in respect of the Amnesty Scheme that the beneficiaries should not be harassed, President Karachi Chamber of Commerce and Industry Junaid Esmail Makda said …

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