VIS reaffirms ER of CBM Plastics Ltd

KARACHI: VIS Credit Rating Company Limited has reaffirmed entity ratings of triple B plus/A two to CBM Plastics (Private) Limited. The long-term rating of ‘BBB+’ signifies adequate credit quality; protection factors are reasonable and sufficient. Risk factors are considered variable if changes occur in the economy. The short term rating of ‘A-2’ signifies good certainty […]

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Saudi Royal Naval Forces’ Commander calls on Naval Chief

ISLAMABAD: Commander Royal Saudi Naval Forces, Vice Admiral Fahad Bin Abdullah Al Ghofaily called on Chief of the Naval Staff Admiral Muhammad Amjad Khan Niazi at Naval Headquarters (NHQ) here on Tuesday. The visiting dignitary was received by Naval Chief upon arrival at the Naval Headquarters, said a Pakistan Navy media release. A smart contingent […]

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SC dismisses petition seeking disqualification of Provisional Minister Mukesh Chawala

ISLAMABAD: The Supreme Court on Tuesday dismissed petition seeking disqualification of Sindh Provisional Minister Mukesh Kumar Chawala. A three-member SC bench comprising Justice Umar Ata Bandial, Justice Mazhar Alam Khan Miankhel and Justice Qazi Muhammad Amin Ahmed dismissed the petition filed by a citizen Younis Ilyas over time bar. During the course of proceedings, the […]

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Public support vital for corruption free environment: IESCO CEO

ISLAMABAD: Chief Executive Officer Islamabad Electric Supply Company (IESCO) Dr Muhammad Amjad Khan said that public support was vital for corruption free environment in the country. The Chief requested valued IESCO customers that for provision of new electricity connections and rectification of power related complaints, never pay cash to any the company employee or an […]

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Over 60% surplus witnessed in Pak-US trade in 2 months

ISLAMABAD: Pakistan’s goods and services trade with United States of America (USA) witnessed surplus of 60.75 percent during first two months of current financial year (2021-22) as compared to the corresponding period of last year. The overall exports to USA recorded at $ 1011.506 million during July-August (2021-22) against exports of $671.857 million during July-August […]

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MP Naz Shah stresses galvanizing communities to get voice of Kashmiris heard globally

ISLAMABAD: Member of the UK Parliament Naz Shah on Tuesday said the voice against the atrocities in Indian Occupied Kashmir needed to be galvanized at grassroots level so as to make them heard effectively at international level. Labour MP for Bradford West since 2015 said besides the parliaments, the voice raised by the communities about […]

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Ukraine envoys to enhance trade, economic ties with Pakistan

ISLAMABAD: Ambassador of Ukraine to Pakistan, Markian Chuchuk on Tuesday said that Ukraine prioritized enhancing the trade and economic ties with Pakistan for increasing the bilateral trade and investment opportunities in near future. Ukraine have friendly ties with Pakistan on diplomatic and economic sphere and “We need to take further steps to promote trade and […]

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