Business

Lahore, August 16, 2023 (PPI-OT): During 5-year the overall market declined due to numerous economic challenges, delays in the resumption of the IMF programmed, a growing fiscal deficit, soaring inflation, and increase in the policy rate. PACRA ranked ...

The post PACRA Assigns Star Ranking to AKD Opportunity Fund 5-Year appeared first on Pakistan Business News.

Karachi, August 16, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has withdrawn the instrument rating of Agha Steel Industries Limited (ASIL)’s Sukuk 1 on account of redemption through exercise of call-option on August 11, 2023. The Sukuk was ...

The post VIS Withdraws Sukuk 1 rating of Agha Steel Industries Limited appeared first on Pakistan Business News.

Lahore, August 16, 2023 (PPI-OT): The ratings reflect National Transmission and Despatch Company’s (NTDC) “the Company” ownership structure dominantly owned by the Government of Pakistan (GoP). The Company is of strategic importance to Pakistan as bein...

The post PACRA maintains Entity Ratings of National Transmission and Despatch Company Limited appeared first on Pakistan Business News.

Karachi, August 16, 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 c...

The post PM’s assurance on the continuation of policies is welcomed 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.