PACRA Upgrades Entity Ratings of China Power Hub Generation Company (Private) Limited

Lahore, January 01, 2021 (PPI-OT): China Power Hub Generation Company Private Limited (CPHGC) is a coal based 1320MW power plant (Complex), set up by State Power Investment Corporation (SPIC), one of the top Five State-owned Power Corporations in China along with Hub Power Company of Pakistan. The financial strength and experience in the energy chain of the sponsoring companies – CPIH and HUBCO reflects positivRead More…

PACRA Assigns Initial Entity Ratings to Kassim Textiles (Private) Limited

Lahore, January 01, 2021 (PPI-OT): Kassim Textiles (Private) Limited (Kassim Textile) flagship company of Machiyara group enjoys long presence in textile and allied industry along with several other sectors. Kassim Textile mainly derives its revenue from the manufacturing and sale of yarn and fabric in addition to having a portfolio of strategic investments in its subsidiary Kassim (Private) Limited. Kassim Textile hRead More…

PACRA Maintains Entity Ratings of Pak Suzuki Motor Company Limited

Lahore, January 01, 2021 (PPI-OT): Pak Suzuki Motor Company Limited (PSMC) is the only player from among the established auto OEM in Pakistan that is predominantly owned by the foreign shareholder. Besides, there is high level of integration with the parent and associates. The ratings reflects prominent industry positioning of PSMC in its respective niche and strong ownership background. With a presence of up to fourRead More…

UNISAME urges SMEs to roll up sleeves for 2021

Karachi, January 01, 2021 (PPI-OT): The Union of Small and Medium Enterprises (UNISAME) has advised the MSME sector to roll up its sleeves for hard work for 2021 to recover losses of 2020, says a Press release. President UNISAME Zulfikar Thaver said now that the COVID-19 vaccination is on the threshold and the spread of the Coronavirus is likely to be curtailed and the CPEC progressing, the year 2021 will offer many Read More…

Another first by PSO – Launch of Euro 5 Standard Diesel in Pakistan

Karachi, January 01, 2021 (PPI-OT): PSO continues to lead the fuel revolution in Pakistan by becoming the first Oil Marketing Company (OMC) to upgrade Pakistan’s diesel fuel standard from Euro 2 to Euro 5. The Company has recently launched its Euro 5 standard high speed diesel under the brand name “PSO Hi-Cetane Diesel Euro 5″.
The Government of Pakistan (GOP) mandated the import of Euro 5 standard Read More…

K-Electric partners with SAP ARIBA to digitalize its procurement process

Karachi, January 01, 2021 (PPI-OT): In continuation of its broader digitization initiatives, K-Electric (KE), Pakistan’s only vertically integrated power utility, has partnered with SAP, a leading multinational information technology services provider. KE will implement SAP’s ARIBA E-Procurement tool, which will automate its procurement processes, end to end. SAP Ariba, once fully implemented, will digitally tranRead More…

OPPO’s Simple and Focused Strategy Provides High-Quality Products and Services to Consumers

Islamabad, January 01, 2021 (PPI-OT): It’s no wonder that technology is moving faster than consumers’ imagination. One breakthrough in technology today becomes outdated when new inventions are unveiled to the world. Many companies are the drivers of these innovative technological advancements. One such brand that has obtained the leading position over the past few years is OPPO. With an amazing pace of growth, OPRead More…

TCL and McDonald’s join hands for ‘Bolti Band Offer’ allowing people to win QLED TVs

Islamabad, January 01, 2021 (PPI-OT): TCL Pakistan, the leading TV brand, recently announced its ‘Bolti Band Offer’ in partnership with McDonald’s Pakistan to mark the beginning of the year on a positive note. The campaign has started from today i.e., 1st Jan 2021 till 31st Jan 2021. The campaign went live with a fun and exciting DVC starring Ali Rehman and Gohar Rasheed announcing the Bolti Band offer.
To viewRead More…

Telenor says It Is Committed to Serving the People of AJK

Islamabad, January 01, 2021 (PPI-OT): Telenor Pakistan has said that it is committed to serving the people of Azad Jammu and Kashmir and providing them with the latest telecom and digital solutions. Recently, the Inland Revenue Department AJK sealed multiple Telenor Pakistan network sites over a disputed tax demand resulting in services disruption to the majority of the population of AJK.
In the latest development, tRead More…

CDC Launches New FinTech Initiative of Mutual Fund Digital Platform

Karachi, January 01, 2021 (PPI-OT): Central Depository Company of Pakistan Limited (CDC), through its subsidiary ITMinds Limited, has launched the pilot version of a digital platform to support the Mutual Fund industry. This platform, named “Emlaak Financials”, will function as a digital distribution channel initially for Mutual Funds and later on for other asset classes.
Commissioner of Specialized Companies DivRead More…