Premier Insurance Company of Pakistan Limited
IFS: A, Outlook: Stable
JCR-VIS assigns IFS rating of A to Premier Insurance Company of Pakistan Limited (PICPL)
JCR-VIS Credit Rating Company Limited has assigned an Insurer Financial Strength rating of A (Single A) to PICPL with a Stable outlook. Premier Insurance Company Limited was established in 1952 and has a long history in the insurance sector.

IN FOCUS
Revaluation of the Yuan
By Mehmood-ul-Hassan Khan
China has revalued its currency, the Yuan 2.1 per cent and linked it to a basket of currencies and has abandoned the11-year-old peg of its currency, the Yuan, at 8.28 to the dollar.

Warid Telecom adding value to telecom SECTOR
Amna Nasir speaks to Hamid Farooq,
Chief Executive Officer, Warid Telecom, to discuss various aspects of telecom sector along with future plans and products
The telecom sector is growing rapidly and the telecom market has become very competitive these days. There are five GSM operators in the private sector along with CDMA while PTCL is in the public sector.

Housing Finance: SHELTER FOR ALL
Ismat Sabir speaks to Manzurul Haq, Chief Executive Officer, International Housing Finance Limited, to discuss current demands in housing finance and future plans of IHFL
The demand for housing finance is continuously growing in the country due to the growth in population. Housing finance is now playing a vital role in providing loans to people of lower and middle class. This demand is mostly due to the trend towards single family system.

WIDENING MULTINET HORIZON
Rashid Shafi
Senior Vice President Multinet
Ismat Sabir speaks to Rashid Shafi, Senior Vice President, Multinet Pakistan, to inquire about the achievements of the company and its upcoming new products and services
Beginning his interview, Mr Rashid stated that Multinet Pakistan is a subsidiary of Telecom Malaysia, which is the leading telecom giant in Asia. 

Security Papers Limited
Entity: AAA/A-1+, Outlook: Stable
JCR-VIS Reaffirms AAA Rating of Security Papers Ltd.
JCR-VIS Credit Rating Company Limited (JCR-VIS) has re-affirmed medium to long-term entity rating of AAA (Triple A) and short-term rating of A-1+ (A One Plus) of Security Papers Ltd.

Hira Textile Mills Limited
Entity: BBB+/A-3 TFC: A Outlook: Stable
JCR-VIS upgrades credit ratings of Hira Textile Mills Limited
JCR-VIS Credit Rating Company Limited (JCR-VIS) has upgraded the medium to long entity ratings of Hira Textile Mills Limited (HTML) to BBB+ (Triple B Plus) and TFC rating to A (Single A) from BBB (Triple B) and A- (Single A Minus) respectively.