2020 September 16 : AsiaNet-Pakistan

Archive for September 16th, 2020

Bombardier and Alstom Sign Definitive Agreement for Sale of Transportation Business

September 16, 2020 |

Sale based on enterprise value of $8.4 billion (EUR 7.15B), reflecting a post-MOU $350M (€300M) price reduction, offset by positive foreign currency impact Net proceeds to Bombardier expected to be ~$4.0B at closing Closing now expected in the first quarter of 2021, subject to customary closing conditions and remaining regulatory approvals All amounts in this […]

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Bombardier and Alstom Sign Definitive Agreement for Sale of Transportation Business

September 16, 2020 |

Sale based on enterprise value of $8.4 billion (EUR 7.15B), reflecting a post-MOU $350M (€300M) price reduction, offset by positive foreign currency impact Net proceeds to Bombardier expected to be ~$4.0B at closing Closing now expected in the first quarter of 2021, subject to customary closing conditions and remaining regulatory approvals All amounts in this […]

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Infinix Zero 8 – A 64MP Quad Camera Phone in Collaboration with Sony

September 16, 2020 |

Islamabad, September 16, 2020 (PPI-OT): If you are a tech freak like us, we have got some excellent news for you! Rumour has it that Infinix is collaborating with Sony for their latest flagship; the Infinix Zero 8 – and is this has to be one of the greatest collaborations of this year. Infinix has […]

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Siraj Teli welcomes CM’s approval of Rs1.37 billion for reconstruction of roads in Site Area

September 16, 2020 |

Karachi, September 16, 2020 (PPI-OT): Chairman Businessmen Group and Former President Karachi Chamber of Commerce and Industry (KCCI) Siraj Kassam Teli has warmly welcomed the approval of Rs1.37 billion by Chief Minister Sindh for reconstruction of the dilapidated roads of Sindh Industrial Trading Estate (SITE) Ltd Karachi which was pending since long that led to […]

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Proper gas supply demanded for Balochistan

September 16, 2020 |

Karachi, September 16, 2020 (PPI-OT): Ismail Suttar, President of Employers’ Federation of Pakistan (EFP), has resentfully concluded that the Sui Southern Gas Company (SSGC) is either incompetent or under pressure from unknown players despite the consistent pushing by stakeholders for days over record low-pressure ahead of winters. In the past, due to negligence, nepotism and […]

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Meezan Bank wins Shariah Authenticity Award

September 16, 2020 |

Karachi, September 16, 2020 (PPI-OT): Meezan Bank, Pakistan’s first and largest Islamic bank has been conferred with Shariah Authenticity Award among multiple accolades at the 10th Global Islamic Finance Awards (GIFA) held in Islamabad, Pakistan. The Bank has also been recognized as Shariah Auditor of the Year and Sukuk House of the Year Award. All […]

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Tufail Chemical Industries Limited Embark on Their Digital Transformation Journey with SAP

September 16, 2020 |

Islamabad, September 16, 2020 (PPI-OT): Tufail Chemical Industries Ltd., one of the largest manufacturers of industrial chemicals in Pakistan, partnered with SAP to implement SAP’s S/4 HANA as a part of the company’s wider business transformation strategy. Tufail Chemical Industries Ltd. and SAP implementation partner, Abacus, remotely implemented all the core modules of S/4 HANA […]

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Zong introduces International Roaming Bundles for 26 Countries across Three Continents

September 16, 2020 |

Islamabad, September 16, 2020 (PPI-OT): Zong has introduced new Continental roaming bundles covering 26 countries across three continents: Europe, Asia, and America. The new offers are in continuation of Zong 4G’s ambition of providing seamless connectivity to Pakistanis traveling across the globe, especially during the present Covid-19 crisis. Offering the customers convenience of borderless connection, […]

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Another successor to Realme C-series phone with 90Hz Punch Hole Display; C17 Launching 23rd September

September 16, 2020 |

Lahore, September 16, 2020 (PPI-OT): Realme’s explosive performance has made it one of the fastest growing smartphone brands in the world, and today the company is expanding into the nebulous “lifestyle tech” market with products in new categories. Realme always cares about users and strives to launch promising phones with strong specifications with a price […]

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Meeting of the Standing Committee on Finance

September 16, 2020 |

Karachi, September 16, 2020 (PPI-OT): I am to state that the Honourable Chairman has been pleased to convene meeting of Standing Committee on Finance on Friday, The 18th September, 2020 at 03:00 P.M in Committee Room No. 01, Sindh Assembly Building, Karachi to consider the Government Bill No. 07 of 2019-The Sindh Public Finance Administration […]

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Visit of Development Projects of Saryab Road under Quetta Development Package and Sariyab Package

September 16, 2020 |

Quetta, September 16, 2020 (PPI-OT): Balochistan Chief Minister Jam Kamal Khan on Monday inspected the ongoing development projects, roads, drainage and sports complex under Quetta package and Sariab package in Sariab and adjoining areas while he visited Sheikh Zayed Hospital and inspect construction work of Cancer Hospital. Provincial Ministers Mitta Khan Kakar, Abdul Khaliq Hazara, […]

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Pakistan Could See 2021 Economic Recovery if COVID-19 Subsides, Structural Reforms Resume: ADB Report

September 16, 2020 |

Islamabad, September 16, 2020 (PPI-OT): Pakistan is projected to experience a broad economic recovery in fiscal year (FY) 2021 (which ends 30 June 2021) as the economic sentiment improves with the expected subsiding of the coronavirus disease (COVID-19) pandemic and the resumption of structural reforms, says an Asian Development Bank (ADB) report. The Asian Development […]

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