Business

Karachi, August 23, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has upgraded the medium to long-term entity rating of Shahmurad Sugar Mills (SSML) to ‘A’ (Single A) from ‘A-’ (Single A Minus). The short-term rating has been maintained at ‘A-...

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Karachi, August 23, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has maintained entity ratings of Al-Noor Sugar Mills (ANSM) at ‘A-/A-2’ (Single A Minus/A-Two). The medium to long-term rating of ‘A-’ denotes good credit quality; protection fa...

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Karachi, August 23, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings of ‘A-/A-2’ (Single A Minus/A-Two) to Sachal Engineering Works (Pvt.) Limited (SEWL). The medium to long-term rating of ‘A-’ signifies good c...

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Karachi, August 23, 2023 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has assigned final rating of ‘A+’ (Single A plus) to the Sukuk issue of Rs. 3.6b of OBS Pakistan (Private) Limited (OBS-Pak). Rating of ‘A+’ signifies good credit quality with adeq...

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Islamabad, August 23, 2023 (PPI-OT): Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) urged the CDA to develop the G-11 Markaz as a model market that would facilitate the traders in promoting trade activities. He sai...

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Karachi, August 23, 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 I...

The post IT and solar sectors have potential to pull the economy out of ICU appeared first on Pakistan Business News.

Karachi, August 22, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed entity ratings of Bismillah Textiles Limited (BTL) at ‘BBB+/A-2’ (Triple B plus/A-Two). Medium to long-term rating of ‘BBB+’ reflects adequate credit quality coup...

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