2020 September 15 : AsiaNet-Pakistan

Archive for September 15th, 2020

Khushhali Microfinance Bank Limited partners with UAIL for auto financing

September 15, 2020 |

Karachi, September 15, 2020 (PPI-OT): Khushhali Microfinance Bank Limited (KMBL) said Tuesday that it had signed an MOU with United Auto Industries (Pvt.) Limited to facilitate Khushhali Microfinance Bank customers with two wheeled and three wheeled vehicles. Under the partnership, Khushhali Microfinance Bank customers will be able to get bikes and loaders on easy finance […]

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Demand for Karachi’s infrastructure rebuilding

September 15, 2020 |

Karachi, September 15, 2020 (PPI-OT): Chairman Businessmen Group (BMG) and Former President Karachi Chamber of Commerce and Industry (KCCI) Siraj Kassam Teli, while warmly welcoming finalization of an eight-member committee formed for effective implementation of Rs1.1 trillion Karachi Package, said, “We appreciate formation of the Provincial Coordination and Implementation Committee (PCIC) comprising representatives from the […]

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FPCCI demands concrete steps to develop tribal areas

September 15, 2020 |

Karachi, September 15, 2020 (PPI-OT): The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Tuesday demanded concrete steps to develop Khyber Pakhtunkhwa and tribal areas to ensure lasting peace. The government should promote trade and industry in these areas to develop them and provide jobs to thousands of unemployed for which investors should […]

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PACRA Maintains Asset Manager Rating of AL Habib Asset Management Limited

September 15, 2020 |

Lahore, September 15, 2020 (PPI-OT): AL Habib Asset Management Limited (Formerly: Habib Asset Management Limited) was in the process of transformation with Bank AL Habib acquiring entire shareholding (from 30%) in the Company to make it a wholly owned subsidiary of the bank. The process is now complete with the bank’s acquisition of the remaining […]

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PACRA Upgrades Stability Rating of Pak Oman Advantage Islamic Income Fund

September 15, 2020 |

Lahore, September 15, 2020 (PPI-OT): The rating incorporates the fund’s moderate risk level. The asset allocation comprises of ~83% of fund’s assets as cash balances at end Jun’20. Fund’s exposure in Sukuks decreased to ~11%, as compared to Dec’19, having minimum credit rating of ‘A+’. The duration of the fund was 99 days at end […]

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COVID-19 claims three more lives in Sindh

September 15, 2020 |

Karachi, September 15, 2020 (PPI-OT): As many as three more patients died due to corona virus, lifting the death toll to 2,448 while 341 new cases emerged when 13642 tests were conducted. This was stated by Sindh Chief Minister Syed Murad Ali Shah in a statement issued here from CM House on Tuesday. The CM […]

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PIA announces special flight operations to Najaf and Baghdad

September 15, 2020 |

Karachi, September 15, 2020 (PPI-OT): PIA has announced its special flight operations to Najaf and Baghdad for Arbaeen; the flight schedule has been finalized said PIA spokesman. Passengers can now travel from Karachi, Lahore and Islamabad to Najaf and Baghdad. The flights will operate from 27 September till October 5, 2020. PIA has introduced special […]

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Moazzam Ahmad Khan assumes responsibilities as the new High Commissioner for Pakistan to the United Kingdom

September 15, 2020 |

London, September 15, 2020 (PPI-OT): Moazzam Ahmad Khan arrived in London today and assumed the charge of the office of High Commissioner for Pakistan to the United Kingdom. Mr Khan’s diplomatic career spans over three decades. Prior to his current assignment, he was serving as Special Secretary in the Ministry of Foreign Affairs. During his […]

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Pakistan Rangers delegation visits PPIC3, PSCA

September 15, 2020 |

Lahore, September 15, 2020 (PPI-OT): Pakistan Rangers Officers from Pakistan Rangers Academy, visited the PPIC3 center, Punjab Safe Cities Authority Lahore here on Tuesday. The delegation was comprised of 21officers from different flanks of Rangers (Punjab) and their instructors. The batch was apprised of the functions and structure of the premier project of Punjab Safe […]

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Preparation of master plan of Qurban lines under the supervision of DIG Telecommunication and Transport Punjab

September 15, 2020 |

Lahore, September 15, 2020 (PPI-OT): In the light of the instructions of IGP Punjab, suggestions were sought from various firms for the preparation of Master Plan of Qurban Lines under the supervision of DIG Telecommunication and Transport Punjab, Dr. Akbar Nasir Khan. New Vision Engineering Consultant, Islamabad, Shehar Saaz Pvt. Ltd., Lahore, ANS Associates Lahore, […]

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PBIT’s Zoom Session with CEO Xarasoft Footwear

September 15, 2020 |

Lahore, September 15, 2020 (PPI-OT): Mr. Mansoor Shiekh (CEO Xarasoft Footwear) joined the Transactions Department of PBIT via Zoom. The participants discussed the potential of the footwear industry and export opportunities. The footwear sector is 35pc of the total global leather production. Identification of new markets/export destinations would help the local market and create job […]

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Transaction department met APTMA Executive Director

September 15, 2020 |

Lahore, September 15, 2020 (PPI-OT): Transaction department met with All Pakistan textile Mills Associations Executive Director, Mohammad Raza Baqir. The focus of the meeting was to connect with major textile sector key player, those who are willing for Joint Venture. For more information, contact: Punjab Board of Investment and Trade (PBIT) 23-Aikman Road, GOR-I, Lahore […]

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