Daily Archives: August 28, 2019

Power supply stable during brief rain spell: K-Electric (28-08-2019)

Karachi, August 28, 2019 (PPI-OT): The power supply situation remained stable as the city experienced a fresh wave of monsoon rains. KE has beefed up its on-ground teams, which remained ready to respond to any localized faults. Power supply was

Standard Chartered achieves 52% more profits this year (28-08-2019)

Karachi, August 28, 2019 (PPI-OT): Standard Chartered Bank (Pakistan) Limited today announced its H1 Results for 2019. The Bank performed exceptionally well in H1 2019 and delivered a profit before tax of PKR12.9 billion. This is 52per cent higher than

National Bank of Pakistan posts increase in pre-tax profit to Rs 20.4 billion in six months

Karachi, August 28, 2019 (PPI-OT): National Bank of Pakistan has reported increase in its pre-tax profit to Rs 20.4 billion in first half of calendar year 2019. This the pre-tax profit is 18.8 percent higher than the corresponding period of

Experts stress need for adapting latest technologies in industry

Karachi, August 28, 2019 (PPI-OT): The foreign experts have narrated the salient features of latest global trends in in the related industries. The exhibitors have seen lots of potential for their machinery and technology in the fast growing processing and

Minister IT and Telecom Tests Pakistan’s First 5G Services at Zong HQ (28-08-2019)

Islamabad, August 28, 2019 (PPI-OT): Dr. Khalid Maqbool Siddiqui, Federal Minister for Information Technology and Telecommunication visited Zong headquarters (HQ) to officially test Pakistan’s first-ever 5G services by Zong. Besides conducting the 5G test at Zong HQ, Dr. Khalid Maqbool

PACRA Maintains Entity Ratings of BE Energy Limited (28-08-2019)

Lahore, August 28, 2019 (PPI-OT): The ratings reflect BE Energy Limited association with a strong sponsor – Saudi based Bakri Group. Over the years, BE Energy has managed to gain ~3% market share and has ~337 retail outlets. BE Energy

PACRA maintains IFS Rating of Askari General Insurance Company Limited (28-08-2019)

Lahore, August 28, 2019 (PPI-OT): The rating captures the solid risk profile of the company along with improved profitability. The company strategy led to volumetric growth over the years and improved core underwriting performance. Askari Insurance has been able to

PACRA Maintains the Broker Management Rating of Ismail Iqbal Securities (Private) Limited

Lahore, August 28, 2019 (PPI-OT): The ratings reflect the company’s subdued performance due to operating losses on the back of low volumes and depressed return of the equity market. The company has a modest market share in the brokerage industry.

سالانہ چینی سیلنگ فیسٹیول ہائیکو میں نومبر میں منعقد ہوگا

ہائیکو، چین، 28 اگست 2019/ژنہوا-ایشیانیٹ/ 26 اگست کو کن ہوانگداؤ میں چینی یاٹنگ ایسوسی ایشن اور ہائیکو میونسپل پیپلز گورنمنٹ نے اعلان کیا ہے کہ 2019 کے سالانہ چینی سیلنگ فیسٹیول کی سرگرمیوں کا انعقاد 11-24 نومبر کو ہائیکو میں

Arab League rejects US State Department’s decision to delete Palestine from its website

Cairo The Arab League described the US State Department's deletion of the name of the occupied Palestinian territories or the Palestinian Authority from the list of Middle East countries on its website as a new hostile action that threatens