Monthly Archives: November 2020

A dialogue between two industrial cities: Wuppertal Photo Exhibition launched in China’s Dongguan to commemorate the bicentenary of the birth of Friedrich Engles

DONGGUAN, China, Nov. 30, 2020 /Xinhua-AsiaNet/–The 2020 Dongguan Citizen Photography Week with the theme of “City – Quality”, held by the Information Office of Dongguan Municipality, has kicked off in Dongguan, China, with Friedrich Engles’ Hometown Wuppertal Photo Exhibition being

Bombardier Appoints Bart Demosky Executive Vice President and Chief Financial Officer

MONTREAL, Nov. 30, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) announced today the appointment of Bart Demosky as Executive Vice President and Chief Financial Officer, effective immediately. Bart will report to Éric Martel, President and Chief Executive Officer, Bombardier Inc.,

Pakistani fashion e-commerce startup attracts USD 700,000 in Pre-Series a funding round

Lahore, November 30, 2020 (PPI-OT): Lahore-based fashion e-commerce startup,, closed USD 700,000 in a Pre-Series A round of funding. Former executives from Amazon MENA region as well as Xiaomi along with few other angel investors participated in the round.

VIS Upgrades Entity Ratings of AKD Securities Limited

Karachi, November 30, 2020 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has upgraded the entity ratings of AKD Securities Limited (AKDSL) from ‘A/A-2’ (Single A/A-Two) to ‘A+/A-1’ (Single A Plus/A-One). Outlook on the assigned ratings is ‘Stable’. Long Term Rating

Pakistani Rupee Continues to Hold Strong Against US Dollar

Pakistani Rupee gained four paisas against the US Dollar in the interbank market today (November 30), after experiencing volatile rates during the past week. PKR closed at Rs. 159.42 against the greenback on Monday, as compared to Rs. 159.46 on

Pak-Afghan Trade to Get Major Boost Through Preferential and Transit Trade Agreements

Discussions between Islamabad and Kabul are underway for preferential trade agreement (PTA) and trade under Afghanistan-Pakistan Transit Trade Agreement (APTTA) with a focus on bringing back the share of trade to Pakistan, which was lost to Iran and India, a

PM approves setting up of Export Development Board

Prime Minister Imran Khan has in principle, approved setting up of Export Development Board (EDB) to enhance exports. The approval was granted during Prime Minister’s meeting with his Commerce Advisor Abdul Razak Dawood in Islamabad today (Monday). The Prime Minister

Pakistan reaffirms resolve to strengthen relations with Tanzania

Pakistan has reaffirmed its resolve to strengthen relations with Tanzania at broader spectrum. While talking to a business delegation from Tanzania in Islamabad today, Foreign Secretary Sohail Mahmood highlighted “Engage Africa” initiative and Prime Minister’s vision to deepen cooperation with