Wedding ceremony of Tanvir Zahoor’s daughter
LAHORE (PR): The marriage ceremony of Kiran Tanvir, daughter of well-known poet and writer Tanvir Zahoor was held the other day. British Empire member Malik Ghulam Rabbani, Aman and Insaneyat Forum president Rana Ihtisham, Punjab PML-N president Syed Naseeb Gerdezi, M Ilyas Moghal Adovocate, Short story writer Tariq Balooch Sehrai and other relatives participate the marriage ceremony.
The personalities who congratulated the Tanvir Zahoor were; Federal Finance Minister Ishaq Dar, MPA Dr Shehzad Qaser, Tariq Aziz from London and M Anwar Qadri, Faisal Nawas From Norway, Dr Khalid Kamal from USA, Justice Syed Afzal Haider, MNA Rai Mansib, APAT president Khalid Pervaiz, Own Shahid from Japan, Iftikhar Malik, Manu Bhai, Khalid Choudhri, Begum Naheed Munir Niazi,Haji Inam Ilahi and others.
JCR-VIS Reaffirms Ratings of Matco Rice Processing Ltd
KARACHI (PR): JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the entity ratings of Pakistan’s largest basmati rice exporter, Matco Rice Processing (Pvt.) Limited (Matco), at ‘A-/A-2’ (Single A-Minus/ A-Two) with stable outlook.
Despite being a highly competitive market with numerous international rice brands, rice exports from Pakistan increased by 3.3% in FY14 to USD 1.9b. Matco was able to capture a larger share of the same as the company’s exports increased by 25% in FY14. Growth in exports has been achieved due to increased sale of basmati rice which fetched a better price in the international market compared to International Rice Research Institute (IRRI).
Meezan Bank, Pak Kuwait Takaful sign agreement
Karachi (PR): Meezan Bank and Pak Kuwait Takaful Co Ltd have entered into an agreement whereby Pak Kuwait Takaful will provide Takaful (Islamic Insurance) coverage for the properties financed by Meezan Bank through its housing finance product ‘Easy Home’.
At the memorandum of understanding signing ceremony, Mr. Muhammad Raza, Group Head Consumer Banking & Marketing at Meezan Bank said that “Meezan Bank is committed to providing a completely Shariah-compliant and comprehensive product menu”.
Microsoft nurtures entrepreneurship
ISLAMABAD (PR): As a global leader in technologies, Microsoft pursues a mission to provide a level-playing field for aspiring entrepreneurs, who want to build something to make the world a better place. With this dignified pursuit of nurturing the culture of Entrepreneurship, by supporting the Startup companies, Microsoft has now announced the beginning of “MIC Pre-Accelerator” program in Pakistan (Register before 29th December, 2014), designed to empower the progressive entrepreneurs.
The MIC Pre-Accelerator is a 12-week intensive program designed by Microsoft Innovation Center (MIC) in Miami, U.S.A., to provide mentorship and training to the startup ventures, who seek more insight to take their ideas to market. The program comprises of workshops and coaching from Microsoft and its curriculum partners.
JS Bank to conduct due diligence of KASB Bank
KARACHI (PR): State Bank of Pakistan (SBP) has granted permission to JS Bank to conduct due diligence of KASB Bank for its proposed acquisition. JS Bank has shown interest to carry out due diligence of KASB Bank as part of its long term vision.
JS Bank is one of the fastest growing banks in the country. The Pakistan Credit Rating Agency (PACRA) has maintained the long-term rating of JS Bank at “A+” (A Plus) and Short term at A1 (A One) respectively, which further indicates the financial health of the bank and the trust reposed in it by the country’s premier credit rating agency.
LTE handset offer with Bank Alfalah at 0% mark-up
LAHORE (PR): Warid Telecom brings yet another exciting offer in collaboration with Bank Alfalah Limited. The Warid customers using Bank Alfalah Credit Cards can now get LTE handsets on easy installment plans of 6 to 12 months with free LTE Mobile Internet Bundle at absolutely 0% mark-up.
This offer includes latest Samsung, Sony, Nokia and Huawei LTE devices. With 8GB monthly mobile internet bucket, Warid subscribers can enjoy absolutely free high-speed internet either for up to 12 months, depending on their installment plan.
Commenting on the launch of this new offer, Mr. Asim Ali, Commercial Director, Warid Telecom said, “Having earned a great brand repute over the years for itself, Warid has always initiated the most affordable and exceptional services for its valued customers.