Lahore, March 13, 2023 (PPI-OT): Imperium Hospitality (Private) Limited (‘IHPL’ or ‘the Company’) is principally committed towards the development of real estate ventures. Presently, the Company is solely involved in its first high rise real estate project, namely Imperium Tower. IHPL aims to pioneer a state-of-the-art corporate tower facility that is expected to become a...

The post PACRA Assigns Initial Entity Ratings to Imperium Hospitality (Private) Limited appeared first on Business News Pakistan.

Karachi, March 13, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has maintained the entity ratings of Umar Spinning Mills (Pvt.) Limited (USMPL) at ‘BBB+/A-2’ (Triple B Plus/A-Two). Long-term rating of ‘BBB+’ reflects adequate credit quality; protection factors are reasonable and sufficient. Risk factors are considered variable if changes occur in the economy. Short-term rating...

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Karachi, March 13, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings of ‘A-/A-2’ (Single A Minus/Single A-Two) to Staple Foods (Pvt.) Limited (SFPL). The medium to long-term rating of ‘A-’ denotes good credit quality; protection factors are adequate. Risk factors may vary with possible changes in the economy. The short-term...

The post VIS Assigns Initial Rating to Staple Foods (Private) Limited appeared first on Business News Pakistan.

Karachi, March 13, 2023 (PPI-OT): Pakistan is highly vulnerable to worsening climate change; building resilience is key to avoiding poverty increases, otherwise there is a significant probability of more frequent and intense events such as droughts, floods, and sea level...

Lahore, March 13, 2023 (PPI-OT): On the instructions of Inspector General Police Punjab Dr. Usman Anwar, the distribution of summer uniform shirts (dark olive green T-shirts) to the police force in all the districts of the province is going on,...

Islamabad, March 13, 2023 (PPI-OT): Islamabad Capital Police Shahzad Town police team has arrested an accused involved in sexual assault of 13 year old boy, a police public relations officer said. He said that, the plaintiff submitted an application at...

Karachi, March 13, 2023 (PPI-OT): Sindh Chief Minister Syed Murad Ali Shah launched the study report on the Assessment of Stunting in Tharparkar indicating that the major risk factors associated with malnutrition such as chronic poverty, poor access to water,...