2018 December 07 : AsiaNet-Pakistan

Archive for December 7th, 2018

Sooper Brings Junoon Live in Concert on 25th December 2018

December 7, 2018 |

Karachi, December 07, 2018 (PPI-OT): After the successful reunion of Pakistan’s most legendary band, Junoon, Peek Freans Sooper is now bringing the Sufi maestros live on 25th December 2018. The announcement was made with nearly 500 musicians coming together to …

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Avari Towers Hotel in collaboration with Consulate General of Japan in Karachi brings Japanese palate to the food enthusiasts of Karachi

December 7, 2018 |

Karachi, December 07, 2018 (PPI-OT): Avari Towers Hotel in collaboration with the Consulate General of Japan in Karachi brings the Japanese palate to the food enthusiasts of Karachi. The Japanese Food Festival at Fujiyama Restaurant will be offering a wide …

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8th Pakistan-Japan Business Dialogue on 10th December in Tokyo

December 7, 2018 |

Karachi, December 07, 2018 (PPI-OT): 8th Pakistan-Japan Private Sector Business Dialogue and 6th Joint Government Business Dialogue is to be held in Tokyo on 10th December. The delegation for the Dialogue is being led by the Advisor to Prime Minister …

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UberPITCH Paves Way for One National and Four Provincial Winners

December 7, 2018 |

Lahore, December 07, 2018 (PPI-OT): UberPITCH 2018, a nationwide competition to select startups with the most compelling ideas resulted in one national winner – Xylexa Labs – and four provincial winners. The winners were picked from a pool of over …

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Here’s Why You Need Huawei Mate 20 Pro’s Leica Wide Angle Lens

December 7, 2018 | General Business News

Islamabad, December 07, 2018 (PPI-OT): As we head towards 2019, we can see that most smartphones nowadays are equipped with decent cameras, catering to our constant itch for taking photos and videos. According to InfoTrends, the leading worldwide analyst and …

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PACRA Maintains Entity Ratings of Ahmed Fine Weaving Limited

December 7, 2018 | General Business News

Lahore, December 07, 2018 (PPI-OT): The ratings reflect modest business profile of Ahmed Fine Weaving Limited – independently owned by a family stream belonging to erstwhile Fazal family of Multan. The sponsor’s long association with the textile business is considered …

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PACRA Maintains IFS Rating of Excel Insurance Company Limited

December 7, 2018 | General Business News

Lahore, December 07, 2018 (PPI-OT): The rating reflects Excel’s emerging position in the general insurance industry. This is supported by a sizeable and duly compliant capital structure, as a result of equity injection. The equity of the company is deployed …

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PACRA Maintains Rating of Byco Petroleum Pakistan Limited

December 7, 2018 | General Business News

Lahore, December 07, 2018 (PPI-OT): The rating reflects Unconditional and Irrevocable Credit Guarantee available to Sukuk holders from a multilateral guarantor – GuarantCo. Limited, rated AAA (May’18) by PACRA. The guarantee covers 100% of issue amount (principal). The issuer maintains …

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PACRA Maintains Entity Ratings of Maple Leaf Cement Factory Limited

December 7, 2018 | General Business News

Lahore, December 07, 2018 (PPI-OT): The ratings reflect Maple Leaf’s strong business profile supplemented by (i) sizable market share, (ii) recognized brand, and (iii) strong profitability. The company operates at 3.4mln tpa capturing market share of 6.2%. The Company’s capacity …

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PACRA Maintains Entity Ratings of National Refinery Limited

December 7, 2018 | General Business News

Lahore, December 07, 2018 (PPI-OT): The rating incorporates NRL’s association with only integrated oil group – Attock Group (AG). Key character of AG is a low leveraged capital structure with sound cash flow generation ability; ably replicated to NRL too. …

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PACRA Maintains Entity Ratings of Attock Refinery Limited

December 7, 2018 | General Business News

Lahore, December 07, 2018 (PPI-OT): The ratings reflect ARL’s very strong risk absorption capacity emanating from sizable equity base. ARL’s core business remains exposed to the vicissitudes in international crude oil, which in turn, may lead to declining gross refining …

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PACRA Maintains IFS Rating of Alfalah Insurance Company Limited

December 7, 2018 | General Business News

Lahore, December 07, 2018 (PPI-OT): The rating recognizes Alfalah Insurance’s maintained financial profile, emanating from i) well managed insurance assets/liabilities structure, and ii) investment book that contributes a sizable income stream and provide cushion to the bottom line. Rating also …

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