Islamabad, March 17, 2023 (PPI-OT):Pakistani elites consider trade with India as a death knell for their interests. The import of cheap food items from India will reduce inflation in Pakistan and provide relief to the people, but this is not acceptable to the powerful elite. People can be forced to eat onions and tomatoes at...

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Karachi, March 17, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has outstanding entity ratings of ‘AA/A-1+’ (Double A/A One Plus) to K-Electric Limited (KE). In lieu of the same, VIS has assigned preliminary rating of A-1+ (Single A One Plus) to KE’s proposed Short Term Sukuk (STS-15). Short-term rating of A-1+ reflects highest certainty...

The post VIS Credit Rating Company assigns rating to proposed Short Term Sukuk (STS-15) of K-Electric Limited – appeared first on Business News Pakistan.

Karachi, March 17, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Ashraf Sugar Mills Limited (ASML) to ‘A-/A-2’ (Single A Minus/A-Two). Long-term rating of ‘A-’ signifies good credit quality; protection factors are adequate. Risk may vary with possible changes in the economy. Short-term rating of ‘A-2’ depicts good certainty...

The post VIS Reaffirms Entity Ratings of Ashraf Sugar Mills Limited appeared first on Business News Pakistan.

Karachi, March 17, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has maintained the entity ratings of Kompass Pakistan (Pvt.) Limited (KPL) at ‘BBB+/A-2’ (Triple B plus/A-Two). Outlook on the assigned ratings has been revised from ‘Positive’ to ‘Stable’. The medium to long-term rating of ‘BBB+’ denotes adequate credit quality with reasonable and sufficient protection...

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Karachi, March 17, 2023 (PPI-OT): KE will be undertaking a critical maintenance activity at North Karachi Grid on Saturday, March 18, 2023, to ensure the stability and reliability of power supply to consumers residing in these areas. The activity requires a shutdown from 09:00 AM to 6:00 PM for North Karachi Grid during which there...

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Karachi, March 17, 2023 (PPI-OT): Paymob, one of the leading financial services enablers in the Middle East, North Africa, and Pakistan (MENA-P), has partnered with Raptr Games, a Singapore-based startup gaming platform, to integrate multiple payment options and financial technology solutions. The collaboration will not only make it more convenient for local gaming content creators...

The post Paymob and Raptr Games Partner to Enable Monetization for Games and Content Creators appeared first on Business News Pakistan.

Karachi, Sui Northern Gas Pipelines Limited informed Pakistan Stock Exchange that Mr. Abrar Ahmed Mirza has been appointed as Directors of the company with immediate effect in place of Mr. Muhammad Anwar ul Haq.Sui Northern Gas Pipelines Limited (SNGPL...