Business

Lahore, August 18, 2023 (PPI-OT): Pak Oman Income Fund (or the “Fund”) is a moderate risk profile Fund. The objective of the Fund is to provide its unit holders competitive returns from portfolio of investment with low credit risk with maximum possible...

The post PACRA Maintains Stability Rating of Pak Oman Income Fund (Formerly Pak Oman Government Securities Fund) appeared first on Pakistan Business News.

Lahore, August 18, 2023 (PPI-OT): Askari High Yield Scheme Fund (or the “Fund”) is a moderate risk profile Fund. The objective of the Fund is to provide investors an opportunity to make competitive returns from fixed income securities while targeting a...

The post PACRA Maintains Stability Rating of Askari High Yield Scheme appeared first on Pakistan Business News.

Islamabad, August 18, 2023 (PPI-OT): The Board of Directors of Telenor Pakistan has appointed Khurrum Ashfaque as Chief Executive Officer (CEO) of the company. He will succeed Irfan Wahab Khan, who will take a new role as Senior Vice President (SVP) in...

The post Khurrum Ashfaque Appointed Telenor Pakistan CEO as Irfan Wahab Joins Telenor Asia appeared first on Pakistan Business News.

Islamabad, August 16, 2023 (PPI-OT): This Independence Day, JazzCash, Pakistan’s leading fintech player, partnered with Million Smiles Foundation for the country’s biggest Youth Leadership Bootcamp - Trek Venture 4.0. The four-day boot camp hosted 120 ...

The post JazzCash Powers Pakistan’s Biggest Youth Leadership Bootcamp with Million Smiles appeared first on Pakistan Business News.

Lahore, August 16, 2023 (PPI-OT): During FY23 the KSE-100 and KSE-30 index declined by -7.39% and -0.21% whereas KMI-30 improved by ~2.88%. The overall market declined due to numerous economic challenges, delays in the resumption of the IMF programmed,...

The post PACRA Assigns Star Ranking to NBP Balanced Fund 1-Year appeared first on Pakistan Business News.

Lahore, August 16, 2023 (PPI-OT): During FY23 the KSE-100 and KSE-30 index declined by -7.39% and -0.21% whereas KMI-30 improved by ~2.88%. The overall market declined due to numerous economic challenges, delays in the resumption of the IMF programmed,...

The post PACRA Assigns Star Ranking to AKD Islamic Stock Fund 1-Year appeared first on Pakistan Business News.

Islamabad, August 16, 2023 (PPI-OT): Saifuddin Sheikh, Executive Director of Pakistan Economy Watch (PEW) said on Wednesday that the most important sector of electricity is suffering from incompetence and corruption. This sector has become a big proble...

The post Power sector suffering from incompetence appeared first on Pakistan Business News.