Business

Karachi, July 26, 2023 (PPI-OT): K-Electric (KE) has filed a petition on account of Fuel Charges Adjustment for June 2023 at the rate of PKR 2.336 per unit. A public hearing in this regard has been concluded by NEPRA.Positive FCA for June 2023 is due t...

The post NEPRA Concludes Public Hearing on K-Electric’s Petition on FCA for June 2023 appeared first on Pakistan Business News.

Karachi, July 26, 2023 (PPI-OT): JS Bank’s President and CEO, Basir Shamsie, and Chief Operating Officer, Imran Haleem Shaikh, held a significant meeting with His Excellency Moazzam Ahmed Khan, the High Commissioner of Pakistan to the United Kingdom. T...

The post JS Bank Leadership meets the High Commissioner of Pakistan to the UK in an effort to provide financial services to Non-Resident Pakistanis appeared first on Pakistan Business News.

Karachi, July 26, 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 Pakista...

The post Pakistanis are getting increasingly poor; growth rate is constantly shrinking appeared first on Pakistan Business News.

Karachi, July 26, 2023 (PPI-OT): HBL today declared a consolidated profit before tax (PBT) of Rs 51.5 billion, nearly 50% higher than the PBT for H1’22. The PBT of Rs 30 billion for the second quarter of 2023 was the highest in the Bank’s history based...

The post HBL’s H1’23 profit rises by 50% to Rs 51.5 billion, while affirming its position as Pakistan’s Best Digital Bank for Customers appeared first on Pakistan Business News.

Lahore, July 26, 2023 (PPI-OT): Infinix today announces its new collaboration with JBL, enabling a cinematic sound experience for the upcoming Infinix NOTE 30 Pro series featuring Pakistan’s first All-Round FastCharge smartphones. Infinix NOTE 30 Pro s...

The post Infinix partners with JBL for the highly anticipated Infinix NOTE 30 Pro Series appeared first on Pakistan Business News.

Lahore, July 26, 2023 (PPI-OT): Lucky Electric Power Company Limited ("LEPCL" or "the Company") has set up a 1x660MW (gross) coal-fired power plant. The project achieved COD in March-22 and is successfully connected to and providing electricity to the ...

The post PACRA assigns Preliminary rating to Lucky Electric Power Company Limited | PPSTS-12 | PKR 7bln | TBI appeared first on Pakistan Business News.

Lahore, July 26, 2023 (PPI-OT): Pakistan Services Limited (The Company) has a leading position in the hospitality industry. Ever since the pandemic Covid-19, the hotel sector has been under pressure. Furthermore, the slowdown in domestic activity, coup...

The post PACRA Revises Entity Ratings of Pakistan Services Limited appeared first on Pakistan Business News.