Daily Archives: January 7, 2021

Government should develop special IT economic zones and give long terms benefits to promote IT Industry: Sardar Yasir Ilyas Khan

Islamabad, January 07, 2021 (PPI-OT): Mr. Shoaib Ahmed Siddiqui, Secretary Ministry of Information Technology and Telecom addressing at the inaugural ceremony of Fazal Software Technology Park at I-9 Industrial area, Islamabad said that the Government is working hard for the

President Pakistan China Joint Chamber of Commerce and Industry conducts meeting with Chairman CPEC Authority

Lahore, January 07, 2021 (PPI-OT): Mr. S.M Naveed, President Pakistan China Joint Chamber of Commerce and Industry conducted a meeting with Gen R, Asim Saleem Bajwa, Chairman CPEC Authority at Islamabad in which they discussed the promotion of 2nd phase

HBL Asset Management Limited rating upgraded to AM2++

Islamabad, January 07, 2021 (PPI-OT): VIS Credit Rating Company has upgraded the Management Quality Rating (MQR) of HBL Asset Management Limited (HBL AMC) from ‘AM2+’ (AM-Two Plus) to ‘AM2++’ (AM-Two Plus Plus). Outlook on the assigned rating is ‘Stable’. The

VIS Upgrades Fund Stability Rating of Al-Ameen Islamic Sovereign Fund

Karachi, January 07, 2021 (PPI-OT): VIS Credit Rating Co. Ltd. (VIS) has upgraded the Fund Stability Rating of Al-Ameen Islamic Sovereign Fund (AISF) to ‘AA (f)’ (Double A (f)) from ‘AA- (f)’ (Double A Minus (f)). The previous rating action

PM expresses satisfaction over positive trend in country’s exports

Prime Minister Imran Khan has expressed satisfaction over the positive trend in the country’s exports. In a tweet on Thursday depicting 8.32 percent and 18.30 percent increase in the country’s exports during the months of November and December last year,

Pakistan and Korea Reiterate Hopes of Improving Bilateral Trade Relations

The delegates of the Ministry of Commerce (MOC) of the Islamic Republic of Pakistan and the Ministry of Trade, Industry, and Energy (MOTIE) Republic of Korea [South Korea] held the 3rd Round of Joint Trade Committee (JTC) virtually. The Pakistani

Govt Raised Rs. 760 Billion from the Domestic Sukuk Market in 2020

The domestic Sukuk market has fetched the Pakistani government north of Rs. 760 billion (approximately $4.7 billion). The report by quoting a banking source stated that this higher issuance activity during the year has been brought on due to the

PM Commends Exporters for Beating India and Bangladesh in Exports Growth

Prime Minister Imran Khan took to Twitter on Thursday to congratulate the Commerce Ministry while sharing the regional export trends. He wrote, “I have received the regional export trends and this shows that, compared to our exports, the exports of