State Bank of Pakistan widely hailed for opening banks on 10-11 May

Karachi, May 07, 2021 (PPI-OT): Chairman Businessmen Group (BMG) Zubair Motiwala and President Karachi Chamber of Commerce and Industry (KCCI) Shariq Vohra have appreciated the State Bank of Pakistan (SBP) for paying attention to KCCI’s legitimate demand and accordingly deciding to keep those authorized branches of banks operational on May 10th and 11th who are dealing in foreign exchange and trade activities.
“WRead More…

K-Electric partners with FoodPanda, Befiler

Karachi, May 07, 2021 (PPI-OT):K-Electric has announced an exciting offer for new users of its KE Live Mobile application through strategic alliances with foodpanda – Pakistan’s largest delivery platform, and Befiler – the country’s leading tax filing and NTN registration portal. Customers who download the KE Live App will be able to avail exclusive discounts of up to PKR 500 on foodpanda and Read More…

VIS Maintains Entity Ratings of Metco Textile (Private) Limited

Karachi, May 07, 2021 (PPI-OT): VIS Credit Rating Company Limited (VIS), while maintaining the entity ratings of ‘A-/A-2’ (Single A Minus/A-Two) assigned to Metco Textile (Pvt) Limited (MTL), has placed the same on ‘Stable’ status from ‘Rating Watch-Developing’. Long Term Rating of ‘A-’ reflects good credit quality with adequate protection factors. Risk factors may vary with possible changes in the ecRead More…

FPCCI hails Prime Minister for implementing recommendations on Eid holidays

Karachi, May 07, 2021 (PPI-OT): Mian Nasser Hyatt Maggo, President, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Friday expressed his satisfaction and gratitude on the change in decision on Eid-Ul-Fitr holidays to PM Imran Khan and Ministry of Commerce – based on FPCCI’s recommendations.
In a statement, Maggo was referring to reduction in Eid-Ul-Fitr holidays, specifically for banks, Read More…

Exclusive: Infinix tipped to launch Note 10 pro with Flagship MediaTek Helio G95 Ahead of the official launch

Islamabad, May 07, 2021 (PPI-OT): Pakistan’s most premium locally assembled smartphone manufacturer Infinix Mobiles is about to add a new phone to its Note lineup. The Infinix Note 10 Pro has become talk of the town among Infinix fans. According to disclosures this time Infinix has a good news for gaming enthusiast that Infinix Note 10 Pro will feature high end performing fastest gaming chipset MediaTek Helio G95.
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Ufone Offers Generous Free Data ‘Eidi’ On Mobile Top-Ups

Islamabad, May 07, 2021 (PPI-OT): Pakistani telecom operator, Ufone, has announced free data ‘Eidi’ on mobile top-ups for its consumers under Eid Recharge Offer. Consumers will receive free data on regular balance recharge of Rs. 100 and above via across all recharge mediums.
The offer will help Ufone users stay connected with their loved ones during Eid vacations while COVID-related restrictions bar physical socRead More…

SMEs confident FM Shaukat Tarin comprehends sector requirements

Karachi, May 07, 2021 (PPI-OT): The Union of Small and Medium Enterprises (UNISAME) has expressed full confidence in the finance minister (FM) Shaukat Tarin’s comprehension of the sector requirements due to his long term association with the under privileged sector and his passion for the uplift of the sector.
President UNISAME Zulfikar Thaver on behalf of himself and the UNISAME Council (UC) wished him all the besRead More…

Zong Launches International Direct Dial Mobily Bundles for Saudi Arabia

Islamabad, May 07, 2021 (PPI-OT): To double the joys of Eid and enable Pakistanis in Saudi Arabia to connect seamlessly with the loved ones back at home, the country’s top cellular and digital services provider, Zong 4G, has introduced unbeatable IDD (International Direct Dial) offers in collaboration with Saudi’s leading telecom company, Mobily.
The offer includes attractive weekly and monthly international roamRead More…

VIS Maintains Entity Ratings of Kompass Pakistan (Private) Limited

Karachi, May 07, 2021 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has maintained entity ratings of Kompass Pakistan (Pvt) Limited at ‘BBB+/A-2’ (Triple B Plus/Single A-Two). Outlook on the assigned ratings has been revised from ‘Stable’ to ‘Positive’. Long term rating of ‘BBB+’ signifies adequate credit quality with reasonable and sufficient protection factors. Risk factors are considered variable Read More…

Water conservation, distribution and theft be tackled: Mian Zahid Hussain

Karachi, May 07, 2021 (PPI-OT): Chairman of National Business Group of FPCCI, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said water scarcity should be tackled as a priority to improve the agricultural sector as per the vision of Prime Minister Imran Khan.
The pressing issue of water scarcity can no longer be Read More…