Business

This category covers all news related Business & Finance

Nestlé Pakistan Extends PKR 5 Million to Pakistan Red Crescent Society for Social Welfare and Relief Work

Lahore, In a significant move to bolster social welfare and relief efforts, Nestlé Pakistan has made a corporate contribution of PKR 5 million to the Pakistan Red Crescent Society (PRCS). This contribution is aligned with Nestlé's philosophy of Creatin...

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VIS Credit Rating Company Affirms Agha Steel Industries’ Ratings with Stable Outlook

Karachi, In a recent evaluation, VIS Credit Rating Company Limited has reaffirmed the entity ratings of Agha Steel Industries Limited (ASIL) as 'A/A-2', reflecting a stable outlook. This assessment signifies ASIL's robust credit quality and assures inv...

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Agha Steel Industries Limited Receives ‘A-1’ Rating for Short-Term Sukuk by VIS Credit Rating Company”

Karachi, VIS Credit Rating Company Limited has recently assigned a preliminary rating of 'A-1' ('A-One') to the Short-term Sukuk instrument issued by Agha Steel Industries Limited (ASIL). This rating signifies a high certainty of timely payment, bolste...

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New Business Centre Inaugurated at Peshawar’s Small Industries Estate

Peshawar, The Small Industries Estate in Peshawar witnessed the inauguration of a new Business Centre, a significant development in the region's industrial landscape. Dr. Aamer Abdullah, Khyber Pakhtunkhwa (KP) Minister for Industries, Commerce, Techni...

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Pakistan’s Power Generation Hits 33-Month Low in November 2023

Islamabad, Power generation in Pakistan witnessed a notable decline in November 2023, reaching its lowest in 33 months. The decrease was recorded at 9.8% year-on-year, with generation falling to 7,548 GWh (10,484 MW) compared to 8,367 GWh (11,621 MW) i...

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VIS Credit Rating Company Assigns ‘A-/A-1’ Initial Ratings to Maple Leaf Capital Limited with Stable Outlook

Karachi, VIS Credit Rating Company Limited (VIS) has assigned an initial entity rating of 'A-/A-1' to Maple Leaf Capital Limited (MLCL), indicating good credit quality and high certainty of timely payments, with a stable outlook, a news release by VIS ...

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OPPO Pakistan Set to Unveil Revolutionary A78 Smartphone in Lahore

Lahore, OPPO Pakistan is gearing up to launch its much-anticipated new model, the OPPO A78, marking a notable advancement in its smartphone lineup. The company recently offered an exclusive sneak peek of the device to top tech media and influencers, ge...

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