Category Archives: Business News

Directorate General of Trade Organization extends deadline for renewal of HPSAP license

Karachi, May 22, 2018 (PPI-OT): The Chief spokesman of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has taken a strong note and strongly condemned the baseless news that appeared in a section of print media today about the

CM Sindh, Chinese delegation discuss various projects

An eight member Chinese delegation called on Sindh Chief Minister Syed Murad Ali shah in Karachi on Tuesday.According to the spokesman of Sindh Government, the delegation shown interest in Karachi Circular railway and Red line bus rapid service project...

Standard Chartered Pakistan, first Commercial Bank to obtain license to act as Securities Advisers for distribution of Units

Karachi, May 17, 2018 (PPI-OT): Standard Chartered Bank (Pakistan) Limited (SCBPL) is the first Commercial Bank to obtain License to act as Securities Advisers for distribution of the units of Collective Investment Schemes and / or Voluntary Pension Funds by

State Bank of Pakistan renews the Status of JCR-VIS and PACRA as Eligible External Credit AssessmentInstitutions

Karachi, May 17, 2018 (PPI-OT): State Bank of Pakistan has renewed the status of both credit rating agencies operating in Pakistan namely “JCR-VIS Credit Rating Company Limited (JCR-VIS)” and “The Pakistan Credit Rating Agency Limited (PACRA)” as eligible/ recognized External

Muffasar Malik concerned over soaring prices on arrival of Ramazan

Lahore, May 16, 2018 (PPI-OT): President of the Karachi Chamber of Commerce and Industry (KCCI), Muffasar Atta Malik, while expressing deep concern over soaring prices of many household commodities on arrival of Ramazan ul Mubarak, urged the Sindh government and

Pak-Qatar Takaful Group conferred FPCCI Brands of the Year 2018

Karachi, May 16, 2018 (PPI-OT): Pak-Qatar Takaful Group, which comprises of Pak-Qatar Family Takaful Limited and Pak-Qatar General Takaful Limited was bestowed the Best Brand of the Year 2018 award by FPCCI apex body. Pakistan’s Federal Minister of Finance was

SBP approves local lending to telecom tower-sharing services company

Karachi, May 16, 2018 (PPI-OT): edotco Pakistan Private Limited (edotco PK) has successfully obtained approval from the State Bank of Pakistan (SBP), allowing local lenders to fund the acquisition by edotco PK of Jazz’s portfolio of 13,000 tower assets currently

CPEC Seminar at the British Parliament Experts term CPEC a Project of Unprecedented Economic Scale and Scope

Islamabad, May 16, 2018 (PPI-OT): The experts have said that China Pakistan Economic Corridor (CPEC) is an economic initiative of unprecedented scale and scope. They were speaking at a seminar organized by All Party Parliamentary Group (APPG) on Third World

FPCCI and Federal Ombudsperson on harassment ink MoU at FPCCI

Karachi, May 16, 2018 (PPI-OT): Ms. Kashmala Tariq, Federal Ombudsperson on harassment of women at workplaces held a meeting with Syed Mazhar Ali Nasir Sr. Vice President FPCCI and other Office Bearers of the Federation of Pakistan Chambers of Commerce

Secretary Pompeo’s Call With Qatari Foreign Minister Al Thani

The below is attributable to Spokesperson Heather Nauert:Secretary Mike Pompeo spoke today with Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani. The Secretary thanked the Foreign Minister for Qatar's strategic partnership with the Unit...