Business

This category covers all news related Business & Finance

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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Bank Alfalah Inaugurates Pakistan’s First Digital Payments Centers in Karachi

Karachi, Bank Alfalah, a leading name in Pakistan's banking sector, has launched the country's first Digital Payments Sales and Service Centers. Located in Badar Commercial DHA and Disco Bakery Gulshan, these centers are designed to cater specifically ...

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VIS Credit Rating Company Affirms Stable ‘BBB+/A-2’ Ratings for CBM Plastics Private Limited Amid Economic Shifts

Karachi, December 21, 2023: VIS Credit Rating Company Limited has reaffirmed the entity ratings of CBM Plastics Private Limited (‘CBM’) at 'BBB+/A-2' ('Triple B-plus'/'A-Two'), signifying adequate credit quality and good certainty of timely payment, a ...

The post VIS Credit Rating Company Affirms Stable ‘BBB+/A-2’ Ratings for CBM Plastics Private Limited Amid Economic Shifts appeared first on Pakistan Business News.

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VIS Credit Rating Company Reaffirms ‘A+’ Rating for Agha Steel Industries’ Sukuk 3, Citing Stable Outlook and Good Credit Quality”

Karachi, VIS Credit Rating Company Limited has reaffirmed the 'A+' rating for the Sukuk 3 instrument of Agha Steel Industries Limited (ASIL), reflecting a stable outlook and good credit quality with adequate protection factors, a news release by VIS Cr...

The post VIS Credit Rating Company Reaffirms ‘A+’ Rating for Agha Steel Industries’ Sukuk 3, Citing Stable Outlook and Good Credit Quality” appeared first on Pakistan Business News.

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