KARACHI:VIS Credit Rating Company Limited has assigned initial entity ratings of triple B/ three to Frontier Ceramics Limited (FCL). The medium to long-term rating of ‘BBB’ denoted adequate credit quality coupled with reasonable protection factors, said press release issued here on Wednesday. Moreover, risk factors are considered variable if changes occur in the economy. The […]
Read MoreISLAMABAD:The State Bank of Pakistan (SBP) on Wednesday directed all the commercial banks and micro-finance banks to raise awareness among the potential donors and facilitate them in contributing to the PM’s Flood Relief Fund 2022. The SBP, in a circular, advised the banks to take measures in that respect on priority and submit the compliance […]
Read MoreISLAMABAD:Director General Provincial Disaster Management Authority (PDMA) Punjab Faisal Fareed on Thursday said that the government had established 51 relief camps in the flood affected areas of the province to provide relief to the people. Talking to PTV, he said that Dera Ghazi Khan and Rajanpur districts were badly affected by flashed floods, adding rescue […]
Read MoreKARACHI:Radio Pakistan Karachi to lodge complaint to Pakistan Electronic Media Regulatory Authority (PEMRA) against a fabricated news story aimed at defamation of the organization. Station Director Radio Pakistan Karachi, Manzoor Kamran, in a statement issued here on Wednesday, refuted a story aired on a private news channel K21 while terming it totally baseless and said […]
Read MoreLAHORE:University of Engineering and Technology (UET) on Wednesday signed a Memorandum of Understanding (MoU) with Total Parco Pakistan Ltd here at UET to promote academia and industry relationship. According to spokesperson for UET here, the UET would provide Total Parco with image building and marketing opportunities at its campuses while Total Parco would organize training […]
Read MoreQUETTA:Prosecutor General Balochistan (PGB) Sajid Tareen Advocate on Wednesday urged Chief Justice Balochistan High Court (BHC) and other judges of the High Court to take action for provision of relief to flood victims in the flood hit areas. He made this requirement through his letter as he wrote a letter about problems of destruction due […]
Read MoreLAHORE:Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) President Mr. Wang Zihai on Wednesday called for utilization of local coal reserves of Pakistan. He cited that coal is the most widely used cheap electricity producing source, which is currently generating 36 percent of world’s electricity. Chairing a think-tank session here at PCJCCI secretariat, he […]
Read MoreISLAMABAD:The Supreme Court on Wednesday directed the National Accountability Bureau (NAB) to submit the complete record of Pakistan Peoples Party (PPP) leader Sharmila Faruqui case. A three-member SC bench comprising Chief Justice of Pakistan Umar Ata Bandial, Justice Jamal Khan Mandokhail and Justice Ayesha A Malik heard the case filed by the NAB chairman against […]
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