Business

This category covers all news related Business & Finance

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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VIS Upholds Strong Ratings for FFBL Power Company Amid Economic Adjustments

Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed its entity ratings for FFBL Power Company Limited (FPCL) at ‘AA-/A-1’ (Double AA Minus/A-One), signifying high credit quality and strong certainty in timely payment amidst changing economi...

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Lucky Electric Power Company Limited Sets Benchmark with Coal-Fired Plant and New Financial Instrument

Karachi, Lucky Electric Power Company Limited (LEPCL) has established a new paradigm in Pakistan's energy sector with the successful commissioning of a 1x660MW coal-fired power plant and the launch of a novel financial instrument.According to Pakistan ...

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Pak Oman Daily Dividend Fund Retains Stable Rating Amid Low-Risk Profile

Karachi, The Pak Oman Daily Dividend Fund, a significant Islamic short-term investment vehicle, has maintained its stability rating, reflecting its low-risk profile and focus on providing daily liquidity to investors through Islamic short-term instrume...

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