Business

Karachi, July 12, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has assigned initial entity rating of ‘A-/A-2’ (Single A Minus/ A-Two) to Gamalux Oleochemicals Limited (GOL). The medium to long-term rating of ‘A-’ signifies good credit quality...

The post VIS Assigns Initial Entity Rating to Gamalux Oleochemicals Limited appeared first on Pakistan Business News.

Karachi, July 12, 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 differe...

The post PDM differences can result in instability appeared first on Pakistan Business News.

Islamabad, July 12, 2023 (PPI-OT): Former President of the Islamabad Chamber of Commerce and Industry (ICCI) Dr. Shahid Rasheed Butt said on Wednesday that the nation wants to know the names of those businessmen who got three billion dollars in interes...

The post Masses need to know about beneficiaries of $3bn in loans appeared first on Pakistan Business News.

Karachi, July 12, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Sheikhupura Textile Mills Limited (STML) at ‘BBB/A-2’ (Triple B/A-Two). Long-term rating of ‘BBB’ signifies adequate credit quality with reaso...

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

Faisalabad, July 12, 2023 (PPI-OT): Chairman Faisalabad Electric Supply Company FESCO/WAPDA Malik Tahsin Awan has said that on the special directives of the Prime Minister of Pakistan, the speed of electrical development work is being accelerated in th...

The post Chairman FESCO Accelerates Electrical Development in FESCO Region to Ensure Uninterrupted Power Supply and Promote Rural Development appeared first on Pakistan Business News.

Finance Minister Ishaq Dar has said State Bank of Pakistan has received two billion dollars of deposits from the Kingdom of Saudi Arabia.In a televised message today, he said the friendly country had made a commitment in this regard in the recent past...

Islamabad, July 11, 2023 (PPI-OT): Dr. Hanif Mughal, Senior Vice President of Pakistan Economy Watch (PEW) said on Tuesday that the determination of Chief of Army Staff General Asim Munir to develop the falling economy is commendable. COAS is giving sp...

The post COAS’s commitment to revive struggling economy admirable appeared first on Pakistan Business News.