Islamabad, July 02, 2019: Chinese quarantine inspectors have visited production facilities of cherries in Gilgit-Baltistan (GB), to approve the facilities meeting the Sanitary and Phyto Sanitary (SPS) requirements for export to China, said a statement by Pakistan Horticulture Development & Export Company (PHDEC), Ministry of Commerce. Under the second phase of China-Pakistan Free Trade Agreement…
Karachi, July 02, 2019: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Meezan Bank at ‘AA+/A-1+’ (Double A Plus/ A-One Plus). VIS has also reaffirmed ratings of the outstanding Basel 3 Compliant Tier 1 and Tier 2 Sukuk of Meezan Bank at ‘AA-’ (Double A Minus) and ‘AA’ (Double-A) respectively. Outlook on the…
Karachi, July 02, 2019: Foreign currency deposited in banks’ accounts of below the value of $10,000 could be declared under the Asset Declaration Ordinance 2019 in connection with the amnesty Scheme. This was informed by State Bank of Pakistan (SBP) after the promulgation Assets Declaration Ordinance 2019 in a view to providing for voluntary declaration…
Islamabad, July 02, 2019: Pakistan’s pioneering company in the branded biscuits industry, EBM has once again stepped up with its sponsorship for this year’s 18th Young Leaders Conference. EBM has remained a founding partner of the School of Leadership for the YLC since 2002 and has been staunchly supporting its endeavors each year. The 18th YLC…
Governments must have the right professional team in place to harness the benefits of additional investment while working to mitigate the significant risks associated with infrastructure projects; Pakistan is forecasted to invest $335bn in its infrastructure and will have a gap of $117.9bn. Thus the difference between investment needed and the investment forecast is 35 percent. Karachi,…