Powers opposing CPEC are fighting a lost war: Mian Zahid Hussain

Karachi, October 23, 2020 (PPI-OT):President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said the affect of coronavirus on Belt and Road Initiative (BRI) and CPEC is temporary.
Presently the world has access liquidity while interest rates are low which can be used by Pakistan and other developing countries to benefit froRead More…

TDAP webinar on Trade Laws and Business Related Regulatory Framework of Nigeria

Karachi, October 23, 2020 (PPI-OT):Trade Development Authority of Pakistan and Trade and Investment Wing of the High Commission of Pakistan in Nigeria are organizing a webinar on trade and business related regulatory framework of Nigeria on 29th of October from 2:00 to 4:00 PM (PST) under the Look Africa Policy Initiative of the Ministry of Commerce. Leading speakers from Nigeria, Ministry of Commerce, State Bank of Read More…

Early ECOTA emphasized by Mian Anjum Nisar, President FPCCI statutory meetings of ECO-CCI held via zoom

Karachi, October 23, 2020 (PPI-OT):While addressing the 28th Executive Committee and 28th General Assembly Meetings of ECO Chamber of Commerce and Industry held virtually by Zoom link Mian Anjum Nisar, President FPCCI emphasized on the need of early implementation of ECOTA for the promotion of intra-regional trade and investment among the ECO member countries.
He also highlighted intra ECO tariff and non-tariff issueRead More…

PSO’s 44th Annual General Meeting

Karachi, October 23, 2020 (PPI-OT):Pakistan State Oil (PSO), the nation’s leading Oil Marketing Company (OMC) convened its 44th annual general meeting on October 21, 2020 in Karachi. To ensure the health and safety of shareholders and employees in view of the coronavirus pandemic, the Company conducted the shareholders’ meeting virtually.
Mr Zafar I. Usmani, Chairman, Board of Management, PSO chaired the Read More…

VIS assigns Entity and TFCs/Sukuk Ratings to Ghotki Kandhkot Road and Bridge (Private) Limited

Karachi, October 23, 2020 (PPI-OT):VIS Credit Rating Company Limited has assigned preliminary rating of AA (Double A) to the proposed TFCs/Sukuk issue of Ghotki Kandhkot Road and Bridge (Private) Limited (GKRBC). The long term rating of ‘AA’ signifies high credit quality; protection factors are strong. Risk is modest but may vary slightly from time to time because of economic conditions. The company has also beenRead More…

TDAP Hyderabad organizes Webinar with Toledo (USA) to highlight export potential of this region

Karachi, October 23, 2020 (PPI-OT):TDAP Hyderabad organized a Webinar with Toledo (USA) to highlight export potential of this region. It is pertinent to mention here that the city of Hyderabad established an international sister city relationship with the city of Toledo, USA in 2011. To tap this opportunity, TDAP Hyderabad organised a Webinar with Toledo, which was attended by Mr. James Hartunj, The President, ToledoRead More…

ICCI demands representation in CDA Board to address issues of business community

Islamabad, October 23, 2020 (PPI-OT):Sardar Yasir Ilyas Khan, President, Islamabad Chamber of Commerce and Industry (ICCI) said that almost 90 percent affairs of business community in Islamabad were related to the CDA and emphasized that the government should include sitting President of ICCI in CDA Board to protect the genuine interests of private sector during the policy making process of the civic body and help reRead More…

COVID-19 claims 3 more lives, infects 305 others

Karachi, October 23, 2020 (PPI-OT):As many as three more patients died lifting the death toll to 2,594 and 305 new cases emerged when 10,261 tests were conducted raising the tally to 143,222. This was stated by Sindh Chief Minister Syed Murad Ali Shah in a statement issued here on Friday. He said that three more patients lost their lives lifting the death toll to 2,594 that constituted 1.8 percent death rate.
Mr ShahRead More…

Prime Minister Reaffirms Resolve to Uplift Poor

Islamabad, October 23, 2020 (PPI-OT):Prime Minister Imran Khan has reaffirmed his commitment to uplift the poor segment of the society on the pattern of Riyasat-e-Madina. In an interview with a private channel on Friday, he said it’s a challenge for our government to make this country independent economically. He said unfortunately, people in Pakistan come to power for their personal interests. He said we estabRead More…

75th Anniversary of the United Nations being observed today

Islamabad, October 23, 2020 (PPI-OT):At the United Nations, Pakistan has called for a comprehensive multi-disciplinary and integrated global approach to fight corruption. Speaking at the UN General Assembly’s Sixth Committee, a counsellor at Pakistan Mission, Saad Ahmad Warraich said stolen assets, including the proceeds of corruption; bribery and other illicit gains must be fully returned to developing countries. Read More…