Daily Archives: March 6, 2019

National Transmission and Despatch Company prepared Indicative Generation Capacity Expansion Plan 2018-40

Lahore, March 06, 2019 (PPI-OT): National Transmission and Despatch Company (NTDC) has prepared and submitted Indicative Generation Capacity Expansion Plan (IGCEP) 2018-40 of Pakistan to NEPRA, the electricity regulator. The IGCEP has been developed by Power System Planning department of …

Saleem Parekh demands to separate gas lines of SITE Industries, CNG Stations

Karachi, March 06, 2019 (PPI-OT): President Saleem Parekh and Chairman of Publications Committee Sanaullah have said that the common gas line for industries and CNG stations is a ‘hurdle in industrial production’ and also the main cause behind low gas …

FPCCI to host 29th Meeting of Board of Directors of Islamic Chambers of Commerce, Industry and Agriculture in October 2019

Karachi, March 06, 2019 (PPI-OT): Engr. Daroo Khan Achakzai, President of FPCCI has announced that FPCCI will host 29th Meeting of Board of Directors of Islamic Chambers of Commerce, Industry and Agriculture (ICCIA) at Karachi in October 2019. The decision …

Balance for Better sessions held to celebrate International Women’s Day

Karachi, March 06, 2019 (PPI-OT): Standard Chartered under its Diversity and Inclusion platform joined hands with British Deputy High Commission and celebrated International Women’s Day. The theme for this year’s event was “Balance for better”. The Bank along with the …

LG Reveals Three New Consumer-Friendly Smartphones Designed with Solid Fundamentals, New LG Q and K Series are Designed to Impress

Karachi, March 06, 2019 (PPI-OT):At MWC 2019, LG Electronics (LG) reveals three new consumer-friendly smartphones designed for those seeking advanced mobile devices without compromising usability. The LG Q60, LG K50 and LG K40 boast premium features, advanced technologies and stylish …

PACRA Assigns Initial Stability Rating to Askari High Yield Scheme

Lahore, March 06, 2019 (PPI-OT): The objective of the fund is to provide investors an opportunity to make competitive returns from fixed income securities while targeting a portfolio duration of six months. The rating reflects the fund’s medium exposure to …

PACRA Revises Entity Ratings of EXIDE Pakistan Limited

Lahore, March 06, 2019 (PPI-OT): The ratings reflect the squeeze in the profitability of the company – both at the gross and net level. This is an industry wide phenomenon. The competition is intense in the backdrop of reduced demand …

PACRA Maintains Entity Ratings of Nayatel (Private) Limited

Lahore, March 06, 2019 (PPI-OT): The strength of Nayatel’s business model is in its robust technology infrastructure with an enduring emphasis on customer services. Reliable connectivity and quality is pivotal to all customers. Nayatel provides connectivity to its customer through …

PACRA Assigns Initial Stability Rating to Askari Islamic Income Fund

Lahore, March 06, 2019 (PPI-OT): The objective of the Fund is to provide investors a Shariah compliant product with stable halal income. The fund would target on capitalizing available opportunities in the Shariah compliant income generating instruments. The Fund will …

K-Electric’s Diversity Best Practices Highlighted at WePOWER, Nepal

Karachi, March 06, 2019 (PPI-OT): A K-Electric delegation represented Pakistan at the first regional conference of the Women in Power Sector Network in South Asia (WePOWER) forum, held in Kathmandu, Nepal. The conference was organized by the World Bank, with …