Business

Karachi, August 31, 2023 (PPI-OT): VIS Credit Ratings Company Ltd. (VIS) has assigned initial entity ratings of ‘A-/A-2’ (Single A minus/A-Two) to Oil Industries Pakistan Limited (‘OIP’ or ‘the Company’). Medium to long-term ratings of ‘A-’ signifies g...

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Islamabad, August 31, 2023 (PPI-OT): Dr. Hanif Mughal, Senior Vice President of Pakistan Economy Watch (PEW) said on Thursday that inflation is increasing due to the continuous depreciation of the rupee. The State Bank of Pakistan will have to increase...

The post Inflation rising as a result of the rupee’s continual depreciation appeared first on Pakistan Business News.

Lahore, August 31, 2023 (PPI-OT): JS investments limited has launched JS Money Market Fund (or "JSMMF") for making its portfolio more diverse and meaningful for its investors. JS Money Market Fund (or the 'Fund') is a low-risk profile Fund. JSMMF is la...

The post PACRA Assigns Initial Stability Rating to JS Money Market Fund appeared first on Pakistan Business News.

Karachi, August 30, 2023 (PPI-OT): Standard Chartered Bank Pakistan announced the strengthening of its Digital Banking Solution at a press conference today. This full-fledged client centric solution will enable the Bank’s clients to enjoy the benefits ...

The post Standard Chartered launches a comprehensive Digital Banking solution appeared first on Pakistan Business News.

Karachi, August 30, 2023 (PPI-OT): Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Wednesday that the p...

The post Power sector destroying economy, wiping out the middle class appeared first on Pakistan Business News.

Islamabad, August 30, 2023 (PPI-OT): Ms. Rei Ishii, Head of Supply Chain, World Food Program (WFP) visited Islamabad Chamber of Commerce and Industry (ICCI) and discussed areas of collaboration between WFP and ICCI to address the food insecurity issues...

The post ICCI and WFP discuss cooperation to address food insecurity issues appeared first on Pakistan Business News.

Islamabad, August 30, 2023 (PPI-OT): Saifuddin Sheikh, Executive Director of Pakistan Economy Watch (PEW) on Wednesday that the integrity of the country and interests of the masses are being compromised for the sake of the elite. The previous governmen...

The post Masses are being sacrificed for the interests of elite appeared first on Pakistan Business News.