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Karachi, February 20, 2023 (PPI-OT):VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings of ‘BBB-/A-2’ (Triple B Minus/A-Two) to Madina Oil Refinery Limited (MORL). The medium to long-term rating of ‘BBB-’ denotes adequate credit quality; protection factors are reasonable and sufficient. Risk factors are considered variable if changes …
Read More »New Ericsson solutions boost indoor 5G capacity and precise location services
Islamabad, February 20, 2023 (PPI-OT):Ericsson has expanded its indoor mobile connectivity portfolio with three new easy-to-deploy and cost-efficient solutions aimed at delivering 5G coverage, capacity and capabilities across the interior of any work or business environment – regardless of the size or complexity of the building. The new solutions become …
Read More »Governor Punjab assures to play role for resolving issues of business community
Islamabad, February 20, 2023 (PPI-OT):Muhammad Baligh ur Rehman, Governor Punjab said that the business community of Islamabad is making a good contribution to the economy by promoting business activities and paying taxes, therefore, he would play a role for resolving their key issues. He said this while talking to a …
Read More »Electricity theft to jump from 380 billion to 520 billion: Mian Zahid Hussain
Karachi, February 20, 2023 (PPI-OT):Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Monday said utilization of electricity is very low due to its high cost which is hindering social and economic development. A …
Read More »Despite IMF loan, economy will remain in ICU: Mian Zahid Hussain
Karachi, February 20, 2023 (PPI-OT):Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said tax and other measures will comfort the government but add to the problems of the masses. The tough decisions …
Read More »ICCI calls for privatizing loss-making SOEs to get rid of debt
Islamabad, February 20, 2023 (PPI-OT):Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) has said that the government is spending billions of rupees every year to bail out the loss-making State Owned Entities( SOEs) including PIA, Pakistan Steel, Pakistan Railways and DISCOs, which show that these entities are …
Read More »DIG Operations assures to improve security in markets and industrial areas
Islamabad, February 20, 2023 (PPI-OT):Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) leading a delegation, met with Syed Shehzad Nadeem Bukhari, Deputy Inspector General Operations of Islamabad Police and discussed issues of mutual interest with him. He commended the Islamabad Police for bringing the criminals of the …
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