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Japan Credit Rating –Vital Information Services revises the Insurer Financial Strength Rating of East West Insurance Company Limited to BBB+,

Karachi: JCR-VIS Credit Rating Company Limited has revised the Insurer Financial Strength (IFS) rating of East West Insurance Company Limited (EWI) from ‘A-’ (Single A Minus) to ‘BBB+’ (Triple B Plus). Outlook on the assigned rating is ‘Stable’. The revision in rating takes into account the reduction in loss absorption …

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Finance Minister Directs Cabinet Committee on Restructuring to Expedite the Restructuring Process of Disco’s

Islamabad: A meeting of Cabinet Committee on Restructuring (CCOR) held here today under the chairmanship of Federal Minster for Finance and Economic Affairs Dr. Abdul Hafeez Shaikh to discuss reforms in power sector. The CCOR informed minister about the implementation status of restructuring plan of Distribution Companies DISCO’s. Finance Minister …

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Federal Minister for Petroleum and Natural Resources has said that Afghanistan is an important strategic partner and the bilateral relation between the two countries need to be further strengthened

Islamabad: Dr. Asim Hussain Federal Minister for Petroleum and Natural Resources has said that Afghanistan is an important strategic partner and the bilateral relation between the two countries need to be further strengthened. He was talking to H.E Dr. Hazrat Omar Zakhilwal Minister of Finance Islamic Republic of Afghanistan who …

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Updated website declared mandatory for all listed companies

Islamabad: All listed companies, as of May 1, shall be required to maintain a functional website―an initiative aimed at providing investors with cost-effective, easy access to information. The SECP has approved notification for mandatory requirements for listed companies to have a functional website. The said notification also details minimum information …

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