Business

Karachi, October 05, 2023 (PPI-OT): HBL, the largest bank in Pakistan has entered into an agreement with J.P. Morgan Payments, to provide secure, and cost-effective cross-border payments via J.P. Morgan’s Xpedite Remit. The agreement extends an existin...

The post HBL and J.P. Morgan enter into an agreement for secure, and cost-effective cross-border payments to Pakistan via Xpedite Remit appeared first on Pakistan Business News.

Karachi, October 05, 2023 (PPI-OT): KSE-100: Closes above 50-SMAThe index opened on a slightly positive note and remained bullish throughout the last trading session. The local bourse posted a high of 443pts and concluded with a gain of 323pts to settl...

The post AKD Securities Limited – AKD Technical Daily (05 Oct 2023) appeared first on Pakistan Business News.

Karachi, October 05, 2023 (PPI-OT): Ambassador of Denmark Jakob Linulf, while referring to economic crises suffered by Denmark in 70s and 80s when it was also on the verge of bankruptcy, said that Denmark came out of these crises by coming with a conce...

The post Envoy advises Pakistan to transform oil and coal-based economy to renewable and green economy appeared first on Pakistan Business News.

Karachi, October 05, 2023 (PPI-OT): Upon review of executed legal documents, VIS Credit Rating Company Limited (VIS) has finalized the rating of A-1+ (Single A One Plus) to KE’s Short Term Sukuk (STS-20) issue.Short-term rating of A-1+ reflects highest...

The post VIS assigns final rating to the Short Term Sukuk (STS-20) of K-Electric Limited appeared first on Pakistan Business News.

Karachi, October 05, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has maintained the entity ratings of RYK Mills Limited (RYK) at ‘A/A-2’ (Single A/A-Two). The medium to long-term rating of ‘A’ denotes good credit quality; protection factors ...

The post VIS Maintains Entity Ratings of RYK Mills Limited appeared first on Pakistan Business News.

Karachi, October 05, 2023 (PPI-OT): Bank Alfalah announces an addition to its leadership team, as Farooq Ahmed Khan joins the Bank as Group Head – Corporate, Investment Banking and International Business. In this pivotal role, he will be reporting dire...

The post Bank Alfalah Appoints Farooq Ahmed Khan as Group Head – Corporate, Investment Banking and International Business appeared first on Pakistan Business News.

Karachi, October 05, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed entity ratings of Kohinoor Textile Mills Limited (KTML) at ‘A+/A-1’ (Single A Plus/A-One). Medium to long-term rating of ‘A+’ reflects good credit quality and ad...

The post VIS Reaffirms Entity Ratings of Kohinoor Textile Mills Limited appeared first on Pakistan Business News.