Monthly Archives: September 2020

EFP, PRGMEA forms GSP Plus Committee

Karachi, September 30, 2020 (PPI-OT): Employer’s Federation of Pakistan and Pakistan Readymade Garments Manufacturers and Exporters Association have formed the EFP-PRGMEA GSP Plus Committee to sensitize the government and others to wake up and immediately start the campaign to ensure

PFMA with Collaboration of Italian Government inaugurated the Italy-Pakistan Footwear Technological Centre

Lahore, September 30, 2020 (PPI-OT): Pakistan Government and Italian Government through Pakistan Footwear Manufacturers Association have inaugurated the historic project IPFTC (Italy-Pakistan Footwear Technological Centre) at Lahore with the cooperation and support of Italian Ministry of Foreign Affairs, The Italian

Value King Realme C12 with massive 6000 mAh battery is now available at Rs 19,999 only

Lahore, September 30, 2020 (PPI-OT): Realme has crawled up the ladder in the smartphone race within a short span. Since it arrived in the smartphone space back in 2018, the company has been turning heads with its budget smartphones. Realme

Mr. S.M Naveed has been elected as President of Pakistan China Joint Chamber of Commerce and Industry

Lahore, September 30, 2020 (PPI-OT): The renowned business leader Mr. S.M Naveed, Director DIN Textile Mills Ltd has been elected unopposed as President Pakistan China Joint Chamber of Commerce and Industry (PCJCCI). Whereas Mr. Daud Ahmed and Mr. Khalid Raffique

PACRA Maintains Entity Ratings of Thardeep Microfinance Foundation

Lahore, September 30, 2020 (PPI-OT): Thardeep Microfinance Foundation (‘Thardeep’ or the ‘Foundation’) is a Microfinance Institution (MFI) governed by the Securities and Exchange Commission of Pakistan under Section 42 of the Companies Ordinance, 1984 (now Companies Act, 2017). The Foundation

PACRA Maintains Entity Ratings of Mehran Sugar Mills Limited

Lahore, September 30, 2020 (PPI-OT): Pakistan’s sugar industry is the 2nd largest agro based industry after textile, comprising ~ 90 mills with annual crushing capacity estimated around 65 – 75 mln MT. It contributes about 0.6% to GDP and 2.9%

PACRA Upgrades Entity Ratings of Noon Sugar Mills Limited

Lahore, September 30, 2020 (PPI-OT): Pakistan’s sugar industry is the 2nd largest agro based industry after textile, comprising ~ 90 mills with annual crushing capacity estimated around 65 – 75 mln MT. It contributes about 0.6% to GDP and 2.9%

Govt Plans to Conduct a Coronavirus Impact Survey Soon

The government has decided to conduct a special survey for evaluating the impact of the COVID-19 on the well-being of the people as the economy was affected by the pandemic. According to the Pakistan Bureau of Statistics (PBS), Pakistan is

Govt is Spending $10 Billion on Debt Payments: Ministry of Finance

The federal cabinet has been informed by the Ministry of Finance (MoF) that the present government is spending around $10 billion per annum for debt repayment compared to around $5.5 billion paid by the previous government. The cabinet, which met

NED Students and NCCPL Develop AI-Based Software for Cyber Security of Financial Systems

Students of the National Center for Cyber Security (NCCS) at the NED University of Science and Technology, Karachi, in collaboration with the National Clearing Company of Pakistan Limited (NCCPL) have developed an Artificial Intelligence (AI) based cybersecurity software which accurately