2019 June 19 : AsiaNet-Pakistan

Archive for June 19th, 2019

Huawei founder says that the world relies on open collaboration for shared success

June 19, 2019 | General Business News

Karachi, June 19, 2019 (PPI-OT): Ren Zhengfei, founder and CEO of Huawei, was recently part of an open dialogue alongside other prominent guests examining the latest economic and political headwinds affecting the global ICT industry and Huawei in particular. The …

Read More

LG Announces Start of Sales of World’s First 8K OLED TV

June 19, 2019 | General Business News

Karachi, June 19, 2019 (PPI-OT): LG Electronics (LG) announced the start of sales of the world’s first 8K OLED TV (model 88Z9) with pre-orders for the 88-inch set starting this week in South Korea. Availability in key markets of North …

Read More

Signify Pakistan provides solar lighting systems to schools in Sindh

June 19, 2019 | General Business News

Islamabad, June 19, 2019 (PPI-OT): Signify (Euronext: LIGHT), the world leader in lighting, today announced that has provided solar lighting systems to 05 schools in Umer Kot, Sindh, Pakistan through its ‘Light for Better Learning’ campaign in partnership with a …

Read More

Nestle Pakistan launches its global initiative Nestle Cares

June 19, 2019 | General Business News

Karachi, June 19, 2019 (PPI-OT): Nestle Pakistan launched its global initiative ‘Nestle Cares’ with a beach cleaning drive in connection to the World Oceans Day at Sea View Beach, Karachi. Nestle Cares, the company’s Employee Volunteer Program, is aimed at …

Read More

PACRA Maintains Entity Ratings of Kashf Foundation

June 19, 2019 | General Business News

Lahore, June 19, 2019 (PPI-OT): Kashf Foundation is a renowned Microfinance Institution; it has been in operations since 1996. MFIs are governed by SECP regulations mainly NBFC (Establishment and Regulations) Rules, 2003, Non-Banking Finance Companies and Notified Entities Regulations 2008 …

Read More

PACRA Maintains Entity Ratings of Soneri Bank Limited

June 19, 2019 | General Business News

Lahore, June 19, 2019 (PPI-OT): The ratings reflect Soneri Bank’s sustained business profile as reflected in net interest margin. The bank’s funding base comprise of deposits and borrowings. During CY18, customer deposits witnessed growth of ~12%, at par with the …

Read More

VIS Assigns Initial Entity Ratings to Chakwal Textile Mills Limited

June 19, 2019 | General Business News

Karachi, June 19, 2019 (PPI-OT): VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings of ‘BBB-’/A-2’ (Triple B Minus/A-Two) to Chakwal Textile Mills Limited (CTML). The medium to long-term rating of ‘BBB-’ denotes adequate credit quality coupled with …

Read More

VIS Assigns Initial Ratings to Clover Pakistan Limited

June 19, 2019 | General Business News

Karachi, June 19, 2019 (PPI-OT): VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings of ‘A-/A-2’ (A Minus / A Two) to Clover Pakistan Limited (Clover). The long term rating of ‘A-’ signifies good credit quality; protection factors …

Read More

Daraz Mobile Week Set to Bring Discounts on Smartphones and More

June 19, 2019 | General Business News

Karachi, June 19, 2019 (PPI-OT): Daraz’s fourth annual Mobile Week, one of the highly-anticipated sales of the year, is slated to begin on June 24th. In the past, the week-long sale’s main focus was on mobile phones and accessories. This …

Read More

VIS assigns initial entity ratings to Pakistan State Oil Company Limited

June 19, 2019 | General Business News

Karachi, June 19, 2019 (PPI-OT): VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings of ‘AA+/A-1+’ (Double A Plus /A-One Plus) to Pakistan State Oil Company Limited (PSO). Outlook on the assigned ratings is ‘Stable’. The long-term rating …

Read More

Board Meeting other than Financial Result of Pakistan Telecommunication Company Limited

June 19, 2019 | Board Meetings
Karachi, Pakistan Telecommunication Company Limited informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company held on June 19, 2019 at Islamabad has been concluded. Pakistan Telecommunication Company Limited is a company incorporated in Pakistan…

Read More

Board Meeting other than Financial Result of GlaxoSmithKline Pakistan Limited

June 19, 2019 | Board Meetings
Karachi, GlaxoSmithKline Pakistan Limited informed Pakistan Stock Exchange that Board Meeting other than Financial Result of the directors of the company will be held on June 19, 2019 at Karachi. Glaxo Smith Kline Pakistan Limited is incorporated in Pakistan as…

Read More