2020 August 19 : AsiaNet-Pakistan

Archive for August 19th, 2020

Bombardier Announces Closing of Senior Secured Credit Facility

August 19, 2020 |

MONTREAL, Aug. 19, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) announced today that it has successfully closed the previously announced three-year $1.0 billion senior secured term loan facility (the “Facility”) with HPS Investment Partners, LLC, acting as administrative agent, collateral agent and the lead lender for a group that included investment funds and accounts managed […]

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Customs Chief visits LCCI

August 19, 2020 |

Lahore, August 19, 2020 (PPI-OT): Chief Collector Customs Appraisement Dr. Fareed Iqbal Qureshi called on the LCCI President Irfan Iqbal Sheikh and Senior Vice President Ali Hussam Asghar on Wednesday. Convener Standing Committee on Imports and Customs Affairs Muhammad Arshad Bhatti, former Vice President Zeshan Khalil, Fiaz Haider, Aaqib Asif and Shahid Nazir were also […]

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Easypaisa Joins Hands with Rawalpindi Chamber of Commerce and Industry to Facilitate Digital Transactions

August 19, 2020 |

Islamabad, August 19, 2020 (PPI-OT): Easypaisa, Pakistan’s premier digital payments platform, signed an agreement with the Rawalpindi Chamber of Commerce and Industry (RCCI) to enable the collection of payments for the organization in a convenient and simplified manner. The agreement was recently signed by Khurram Malik, Head of Easypaisa, Telenor Microfinance Bank and Saboor Malik, […]

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Jazz Successfully Deploys Pakistan’s First 400G Network

August 19, 2020 |

Islamabad, August 19, 2020 (PPI-OT): Jazz, Pakistan’s number one 4G operator and the largest internet and broadband service provider, has successfully deployed the country’s first 400G technology on its fiber-optic network. This development will greatly benefit customers with faster and higher data requirements. The increase in data capacity on this 400G network can deliver high […]

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VIS Reaffirms Ratings of Lahore Sialkot Motorway Infrastructure Management (Private) Limited

August 19, 2020 |

Karachi, August 19, 2020 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Lahore Sialkot Motorway Infrastructure Management (Private) Limited (LSMIM) at A-/A-2 (Single A Minus/A-Two). The medium to long-term rating of ‘A-’ denotes good credit quality coupled with adequate protection factors. Moreover, risk factors may vary with possible changes in […]

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Chairman National Highway Authority visits Peshawar Morr to new Islamabad international airport Metro Bus Project

August 19, 2020 |

Islamabad, August 19, 2020 (PPI-OT): Chairman National Highway Authority Capt ® Sikander Qayyum visited today Metro Bus Project from Peshawar Morr to New Islamabad International Airport accompanied by senior officers of National Highway Authority (NHA). The representatives of Contractor and Consultant were also present. Chairman National Highway Authority Capt ® Sikander Qayyum started visit (Package-I) […]

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SBP provides exporters an increased limit of Rs190 billion

August 19, 2020 |

Karachi, August 19, 2020 (PPI-OT): In order to further facilitate the exporters, State Bank of Pakistan (SBP) has enhanced the limit of refinancing provided to the banks under Exports Finance Scheme (EFS) by Rs100 billion. Hence, banks will now have overall limits of Rs700 billion for the exporters for FY21. Moreover, to promote export oriented […]

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Capital Development Authority anti-encroachment operations in the city

August 19, 2020 |

Islamabad, August 19, 2020 (PPI-OT): Capital Development Authority continued its operations against encroachments in the city. During the last week, Enforcement Directorate has conducted 108 operations in different areas of the city and demolished numerous constructions and encroachments from the state land. During these operations, 98 illegally constructed structures on state land were demolished in […]

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Federal Board of Revenue takes notice of its employees doing private legal practice

August 19, 2020 |

Islamabad, August 19, 2020 (PPI-OT): It has come to the notice of Federal Board of Revenue that some of its employees are engaged in private legal practice which is a violation of Civil Servants Act. FBR is trying to find out about all such employees to initiate disciplinary action against them as per rules. FBR […]

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Federal Board of Revenue intensifies operations against fake and flying invoices

August 19, 2020 |

Islamabad, August 19, 2020 (PPI-OT): Chairman Federal Board of Revenue (FBR) has issued directions to all the FBR field offices to expedite operation against tax evasion and play active role to stop the menace of fake and flying invoices. While implementing the directions, the Karachi Field Office of FBR has taken action against a fake […]

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Deputy Chairman Senate Saleem Mandviwalla has underlined the need for enhancing trade and business links between Pakistan and Egypt

August 19, 2020 |

Islamabad, August 19, 2020 (PPI-OT): Deputy Chairman Senate Saleem Mandviwalla has underlined the need for enhancing trade and business links between Pakistan and Egypt for the mutual benefit of the people of two sides. He said that people to people contacts and business and trade links are on the on the lower ebb and both […]

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Chief Minister Punjab Inspects Shelter Home at Raja Bazaar Rawalpindi

August 19, 2020 |

Lahore, August 19, 2020 (PPI-OT): Chief Minister Punjab Sardar Usman Buzdar inspected the facilities provided to the inmates at Raja Bazaar shelter home in Rawalpindi. He was told that more than 64000 have benefitted from this facility while an average of 50 persons daily stay nowadays that are also provided breakfast and dinner. While directing […]

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