Business

Karachi, August 18, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) notes that Neelum Jhelum Power Station has resumed normal operations on August 09, 2023 after completion of the recovery activities. The project was shut down on July 04, 2022 d...

The post Update on Instrument Rating of Neelum Jhelum Hydropower Company (Private) Limited appeared first on Pakistan Business News.

Karachi, August 18, 2023 (PPI-OT): Fly Jinnah, Pakistan’s new low-cost carrier (LCC), announces the launch of its brand-new mobile application, designed to provide passengers with unparalleled convenience and a seamless travel experience.With the new F...

The post Fly Jinnah launches Mobile App for enhanced passenger convenience appeared first on Pakistan Business News.

Islamabad, August 18, 2023 (PPI-OT): Pakistan Telecommunication Company Limited (PTCL) and Board of Revenue Balochistan have signed an agreement for provisioning of IaaS Smart Cloud Services at PTCL’s Tier-III Data Center for Land Record Management Sys...

The post Board of Revenue Balochistan Selects PTCL Smart Cloud for E-Stamping Project appeared first on Pakistan Business News.

Karachi, August 18, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Premium Textile Mills Limited (PRET) at ‘A-/A-2’ (A Minus/A-Two). Outlook on the assigned ratings is ‘Stable’. The long-term rating of ‘A-’ ...

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

Karachi, August 18, 2023 (PPI-OT): VIS Credit Rating Company Limited has issued a new Rating Scale https://docs.vis.com.pk/docs/VISRatingScales.pdf for hybrid Tier-1 and Tier-2 capital instruments issued by Banks, under Basel III guidelines as implemen...

The post VIS Harmonizes Ratings of Tier-II Instruments of Khushhali Microfinance Bank Limited appeared first on Pakistan Business News.

Karachi, August 18, 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 on Friday welcomed the caret...

The post Dr. Shamshad Akhtar will encounter difficulties in obtaining loans, lowering interest rates, and controlling inflation appeared first on Pakistan Business News.

Karachi, August 18, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has maintained the entity ratings of Digital World Pakistan (Private) Limited (DWPL) at ‘A-/A-2’ (Single A Minus/A-Two). Outlook on the assigned ratings has been revised from ‘S...

The post VIS Maintains Entity Ratings of Digital World Pakistan (Private) Limited appeared first on Pakistan Business News.