Day: October 16, 2020

The 11th Pan-Beibu Gulf Economic Cooperation Forum & 2020 Beibu Gulf International Gateway Port Cooperation Summit was held on October 15 in Guangxi’s Nanning City

NANNING, China, Oct. 16, 2020 /PRNewswire/ — The 11th Pan-Beibu Gulf Economic Cooperation Forum & 2020 Beibu Gulf International Gateway Port Cooperation Summit, with Guangxi China-ASEAN Panorama Magazine Agency Co., Ltd as the executive organization, was held on October 15, 2020, in Nanning, Guangxi Zhuang Autonomous Region, China. Lu Xinshe, Secretary of CPC Guangxi Committee, Chairman of the Standing Read More…

The 11th Pan-Beibu Gulf Economic Cooperation Forum & 2020 Beibu Gulf International Gateway Port Cooperation Summit was held on October 15 in Guangxi’s Nanning City

NANNING, China, Oct. 16, 2020 /PRNewswire/ — The 11th Pan-Beibu Gulf Economic Cooperation Forum & 2020 Beibu Gulf International Gateway Port Cooperation Summit, with Guangxi China-ASEAN Panorama Magazine Agency Co., Ltd as the executive organization, was held on October 15, 2020, in Nanning, Guangxi Zhuang Autonomous Region, China. Lu Xinshe, Secretary of CPC Guangxi Committee, Chairman of the StandinRead More…

VIS Upgrades Fund Stability Rating of Al-Ameen Islamic Aggressive Income Fund

Karachi, October 16, 2020 (PPI-OT):VIS Credit Rating Company Limited (VIS) has upgraded the Fund Stability Rating (FSR) of Al-Ameen Islamic Aggressive Income Fund (AIAIF) to ‘A(f)’ (Single A(f)) from (BBB+) (Triple B plus(f)). The previous rating action was announced on December 31, 2020.
The rating revision incorporates changes in the investment policy statement (IPS) of the fund whereby the fund can take maximuRead More…

VIS Upgrades Fund Stability Rating of Al-Ameen Islamic Aggressive Income Fund

Karachi, October 16, 2020 (PPI-OT):VIS Credit Rating Company Limited (VIS) has upgraded the Fund Stability Rating (FSR) of Al-Ameen Islamic Aggressive Income Fund (AIAIF) to ‘A(f)’ (Single A(f)) from (BBB+) (Triple B plus(f)). The previous rating action was announced on December 31, 2020.
The rating revision incorporates changes in the investment policy statement (IPS) of the fund whereby the fund can take maximuRead More…

Virtual Meeting of Pakistani Chain Stores for entering Saudi Arabia Market held by TDAP

Karachi, October 16, 2020 (PPI-OT):A meeting was held on 15th October 2020 by Trade Development Authority and Minister (Trade and Investment) of Pakistan in Kingdom of Saudi Arabia with members of Chain Store Association of Pakistan to discuss and explore potential of Saudi Market. Representatives from leading chain stores of Pakistan, i.e., Imtiaz, Naheed, Chase up Karachi and Swera Lahore as well as former PresidenRead More…

Virtual Meeting of Pakistani Chain Stores for entering Saudi Arabia Market held by TDAP

Karachi, October 16, 2020 (PPI-OT):A meeting was held on 15th October 2020 by Trade Development Authority and Minister (Trade and Investment) of Pakistan in Kingdom of Saudi Arabia with members of Chain Store Association of Pakistan to discuss and explore potential of Saudi Market. Representatives from leading chain stores of Pakistan, i.e., Imtiaz, Naheed, Chase up Karachi and Swera Lahore as well as former PresidenRead More…

ICCI demands Media-cum-Tech City in Islamabad to promote IT exports

Islamabad, October 16, 2020 (PPI-OT):Sardar Yasir Ilyas Khan, President, Islamabad Chamber of Commerce and Industry (ICCI) said that Pakistan has abundant IT and media talent and tremendous potential to promote export of content, IT and software products, therefore, he called upon the government to consider establishing a Media-cum-Tech City in Islamabad in order to develop an ecosystem for promotion of media and IT Read More…

COVID-19 claims 6 more lives, infects 225 others in Sindh

Karachi, October 16, 2020 (PPI-OT):Sindh Chief Minister Syed Murad Ali Shah has said that six more patients of coronavirus lost their lives lifting the death toll to 2574 and 225 more cases emerged when 8429 tests were conducted raising the tally to 141,474. In a statement issued here on Friday, the CM said that six more patients died overnight lifting the death toll to 2574 that constituted 1.8 percent death rate.
MRead More…

Embassy of Japan condemns terrorist attacks on security personnel in KPK and Balochistan; condoles the loss of precious lives

Islamabad, October 16, 2020 (PPI-OT):SHINDO Yusuke, Charge d’ Affaires a.i., Embassy of Japan in Pakistan, has strongly condemned the two separate terrorist attacks on security personnel and private guards on October 16th in Gwadar district of Balochistan and the North Waziristan tribal district of Khyber Pakhtunkhwa.
“Any act of terrorism cannot be justified for whatever reason or purpose. My deepest condolencesRead More…

Governor SBP launches of Digitization of FX Regulatory Approvals

Karachi, October 16, 2020 (PPI-OT):Dr. Reza Baqir launched the SBP FX Regulatory Approval System (RAS) for end-to-end digitalization of Foreign Exchange (FX) related case submission process today in a ceremony held in Karachi. At the invitation of Governor Baqir, Dr. Ishrat Husain, Advisor to the Prime Minister on Institutional Reforms and Austerity and the Governor State Bank of Pakistan (SBP) gave the keynote speecRead More…