Misc.

Lahore: Shahid Afridi who is presently in USA in connection with medical treatment of his father, has communicated to the Board that he will not be able to join the squad in Ireland as the doctors have advised him to stay back for a few more days. PCB understands his position and prays that his father recovers quickly. PCB has decided not to send any replacement for the Ireland tour. For more information, contact: Nadeem Sarwar Media Manager Pakistan Cricket [...]

Islamabad: Millions of children in developing countries are at greater risk of being trafficked, abducted or abused because they do not exist on government records. As the world marks International Missing Children’s Day, it is estimated that globally 1.2 million children are trafficked each year. Plan, as part of its Universal Birth Registration campaign, is calling for every child in the world to be registered as an effective prevention tool to tackle child trafficking and abuse. No legal existence Every [...]

Islamabad: The unique visual stunt put together by flood-hit rural women culminated in Islamabad in a women’s assembly. The women’s caravan that started on Tuesday comprising a large number of women and girls from flood hit areas demanded women’s prioritisation in the flood rehabilitation process, and budgetary allocation for women support programme. “Women and girls have been the worst victims of 2010 floods due to their pre existing vulnerabilities. After almost a year of the devastating floods, millions of women [...]

Islamabad: A caravan of flood-affected women demands for fiscal allocation in federal budget 2011-2012 to address women specific issues including protection from violence, discrimination and hunger as well as land ownership and control over productive resources. The caravan has been organised by ActionAid Pakistan and PODA (Potohar Organization for Development Advocacy) to mark nearly one year on from the devastating floods which swept the country in 2010. Women from different flood hit areas of Pakistan including Sindh, Khyber Pakhtunkhwa and [...]

Lahore: The Pakistan Credit Rating Agency (PACRA) has maintained the long-term and the short-term entity ratings of JS Investments Limited at ‘A+’ (Single A Plus) and ‘A1′ (A one), respectively. These ratings denote low expectation of credit risk emanating from a strong capacity for timely payment of financial commitments. The ratings reflect JSIL’s sustained efforts at maintaining its competitive positioning despite continuing tough operating environment. The company’s performance is under pressure on account of decline in AUM resulting in suppressed [...]

Lahore: The Pakistan Credit Rating Agency (PACRA) has maintained the ratings of the asset-backed term finance certificates issue of PKR 700mln (Class A; 550mln; Class B: 150mln) by Financial Receivables Securitization Company Limited (FRSCL) at ‘A+’ (Single A Plus). The rating denotes a low expectation of credit risk emanating from a strong capacity for timely payment to the TFCs holders. FRSCL’s ability to meet TFCs holder’s obligations is a function of management fee generated by securitized mutual funds of JS [...]

Karachi: Further to our latter dated April 5, 2011 regarding announcement of financial results for... more »