General Business News

Karachi, FPCCI President Atif Ikram Sheikh has called for the immediate and complete off-take of electricity from twelve operational wind power projects, which produce power at a cost-effective rate of PKR 14.5 per unit. This move is seen as crucial to...

The post FPCCI Urges Full Utilization of Wind Power to Mitigate Load-shedding and High Electricity Costs appeared first on Pakistan Business News.

Karachi, Meezan Bank, known as Pakistan’s premier Islamic bank, has forged a strategic partnership with Legends Arena, a leading sports facility, to enhance health and fitness opportunities in Karachi. The collaboration was officially launched during a...

The post Meezan Bank Partners with Legends Arena to Boost Health and Fitness in Karachi appeared first on Pakistan Business News.

Lahore, In a significant advancement in home entertainment technology, TCL, Pakistan's leading LED TV brand, unveiled the 115” X955 Max, the world’s largest QD-Mini LED TV, at a grand launch event in District 19, Karachi.According to TCL Pakistan, the ...

The post TCL Launches World’s Largest QD-Mini LED TV, the 115″ X955 Max, in Karachi appeared first on Pakistan Business News.

Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed its rating for the Basel 3 Compliant Tier-II debt instrument of Khushhali Microfinance Bank Limited (KMBL) at 'B' (Single B), indicating ongoing challenges with payment schedules and a pe...

The post Karachi Rating Agency Maintains Negative Outlook on Khushhali Microfinance Bank’s Debt Instrument appeared first on Pakistan Business News.

Islamabad, The Asian Development Bank (ADB) is set to inject USD 180 million into a project that will enhance forest areas, drainage systems, and road infrastructure in Sindh, Pakistan. The investment aims to bolster environmental protection, job crea...

The post ADB Allocates $180 Million for Infrastructure Development in Sindh’s Coastal Areas appeared first on Pakistan Business News.

Karachi, In a move effective immediately, VIS Credit Rating Company Ltd. (VIS) has withdrawn the Broker Management Rating previously assigned to Alpha Capital Private Limited. This decision comes directly from the management's choice to discontinue th...

The post VIS Ends Broker Management Rating for Alpha Capital appeared first on Pakistan Business News.

Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Khushhali Microfinance Bank Limited (KMBL) at 'A-/A-2', indicating good credit quality and sound company fundamentals but with a continued 'Rating Watch – Negative'....

The post VIS Maintains Ratings of Khushhali Microfinance Bank, Notes Challenges and Recovery Efforts appeared first on Pakistan Business News.