Karachi, April 26, 2016 (PPI-OT):JCR-VIS Credit Rating Company Limited (JCR-VIS) has reaffirmed the entity ratings of FINCA Microfinance Bank Limited (FINCA MFB) at ‘A-/A-2’ (Single A Minus/A-Two). Outlook on the assigned ratings is ‘Positive’. The previous rating action was announced on April 30, 2015. The ratings take into account association of FINCA MFB with FINCA ...

Lahore, April 26, 2016 (PPI-OT):Nestle Pakistan recorded a slightly slower first quarter with an overall earnings of PKR 3.44 billion for the three months ended on March 31, 2016 as compared to PKR 3.67 billion in the corresponding period last year. The results were announced upon the conclusion of the meeting of Nestle Pakistan’s Board ...

Karachi, April 26, 2016 (PPI-OT):Lucky Cement Limited continued to lead the cement industry in terms of sales volumes and reported net profit of PKR 9.61 billion for the nine months ended March 31st, 2016 which is 3.3% higher than the same period last year. Consequently, the earnings per share (EPS) for the nine months increased ...

Islamabad, April 26, 2016 (PPI-OT):Minister for Commerce, Engr. Khurram Dastagir Khan has said that the Ministry of Commerce is focusing to develop and train new exporters from SME sector to boost Pakistan’s export in the coming years. There is a need of a hand-holding of the prospective SME exporters and guide them to graduate to ...

Karachi, April 26, 2016 (PPI-OT):IGP Sindh A. D. Khawaja has directed all Zonal DIGs of Karachi to immediately take cognizance of a news report regarding narcotics and other social evil […]

Peshawar, April 26, 2016 (PPI-OT):The farmers’ convention will help in the promotion of scientific farming in the country. New scientific research and application of modern technologies in agriculture sector are […]

Karachi, April 26, 2016 (PPI-OT):Pakistan Navy’s Annual Safety Review for the year 2015 was held at Bahria Auditorium today. Chief of the Naval Staff, Admiral Muhammad Zakaullah was the Chief […]