2019 March 05 : AsiaNet-Pakistan

Archive for March 5th, 2019

ICT Administration and ICCI to collaborate for promoting Clean and Green Islamabad

March 5, 2019 | General Business News

Islamabad, March 05, 2019 (PPI-OT): Hamza Shafqaat, Deputy Commissioner, Islamabad visited Islamabad Chamber of Commerce and Industry and discussed the possibilities of collaborating with ICCI for promoting clean and green Islamabad under the Prime Minister’s initiative of Clean and Green …

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JS Bank becomes Pakistan’s First Financial Institution to be Accredited by the Green Climate Fund (World’s Largest Climate Fund)

March 5, 2019 | General Business News

Karachi, March 05, 2019 (PPI-OT): JS Bank has become Pakistan’s first financial institution to have been accredited by the Green Climate Fund (GCF), the world’s largest climate fund. The Fund aims to provide facilities to private sector corporations in emerging …

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Agha Steel launches 1st Company Operated Retail Outlet

March 5, 2019 | General Business News

Karachi, March 05, 2019 (PPI-OT): Agha Steel Industries Limited launched its 1st Company Operated Point of Sale, in Hyderabad, at the commercial hub of Hyderabad Super Highway Road. The ASIL Outlet will serve the steel dealers and traders of Hyderabad …

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Khushhali Microfinance Bank’s Profit Soars 40% Reaching Rs. 3.5 Billion

March 5, 2019 | General Business News

Islamabad, March 05, 2019 (PPI-OT): Khushhali Microfinance Bank Limited (KMBL) posted its financial results for the year ended December 31, 2018, in Islamabad. With a marked improvement in performance, KMBL maintained its upward growth momentum for the year 2018. The …

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Yayvo to Refund all Lahore Tickets for PSL 2019, Including Shipping Charges

March 5, 2019 | General Business News

Karachi, March 05, 2019 (PPI-OT): Due to substantial operational and logistical challenges in the delivery of HBL PSL 2019 matches scheduled for Lahore, Pakistan Cricket Board (PCB) has decided to shift all matches to National Stadium, Karachi.

For its customers, …

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Zong 4G and ZTE Launch the World’s First Commercial X-Site+4T4R Solution

March 5, 2019 | General Business News

Islamabad, March 05, 2019 (PPI-OT): Zong 4G and ZTE Corporation have successfully launched the world’s first 4T4R site solution based on X-Site scenario (referred to as X-Site+4T4R) in Pakistan. Zong 4G has become the first operator to commercially launch 4T4R …

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PACRA Maintains Entity Ratings of Gul Ahmed Textile Mills Limited

March 5, 2019 | General Business News

Lahore, March 05, 2019 (PPI-OT): The ratings reflect Gul Ahmed Textile Mills Limited’s (Gul Ahmed) established business profile with strong presence in the broader textile value-chain; enabling the company to manage volatility in textile business. Presence in retail with renowned …

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PACRA Maintains IFS Rating of Adamjee Insurance Company Limited

March 5, 2019 | General Business News

Lahore, March 05, 2019 (PPI-OT): The rating reflects the sustained fundamentals of the company. AICL has been growing the business profile along with keeping costs under check, hence resulting positive for the core profitability. The stability in the management team …

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PACRA Assigns Initial Entity Ratings to AL Textile (Private) Limited

March 5, 2019 | General Business News

Lahore, March 05, 2019 (PPI-OT): The assigned ratings of AL Textile (Pvt.) Limited (AL Textile) reflect strong financial profile of Sponsors and their support to the entity in the form of guarantee and subordinated loan. The Company mainly caters to …

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United States Ambassador’s Fund to award 200 new grants

March 5, 2019 | Embassies, Official News

Karachi, March 05, 2019 (PPI-OT): The U.S. Agency for International Development (USAID) announced new funding opportunities from the Ambassador’s Fund Grant Program. During the current five-year cycle, running from 2017-2022, this program will award approximately 200 grants in support of …

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Indian Navy Submarine was detected operating South of Pakistani Coast

March 5, 2019 | General, Official News

Islamabad, March 05, 2019 (PPI-OT): Sequel to Indian Air Force intrusion into Pakistani air space, India continues to embark upon a series of provocative actions against Pakistan. Indian Navy has deviously deployed its submarines against Pakistan in line with Indian …

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Minister Industries chairs meeting on Labour Deletion Policy at PBIT

March 5, 2019 | General, Official News

Lahore, March 05, 2019 (PPI-OT): Minister Industries, Mian Aslam Iqbal chaired a meeting on the Labour Deletion Policy at Punjab Board of Investment and Trade. The meeting aimed at discussing reforms in the labour policy which are required for enhancing …

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