Business

Karachi, June 23, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has upgraded the entity ratings of Faisalabad Oil Refinery (Pvt.) Limited (FORL) to ‘A-/A-2’ (Single A Minus/ A-Two) from ‘BBB+/A-2’ (Triple B Plus/A-Two). The medium to long-term...

The post VIS Upgrades Entity Rating of Faisalabad Oil Refinery Private Limited appeared first on Pakistan Business News.

Islamabad, June 23, 2023 (PPI-OT): Zong 4G, Pakistan’s leading telecommunications provider, is proud to announce a strategic partnership with PAGE (Pakistan Alliance for Girls Education), an esteemed organization dedicated to creating an enabling envir...

The post Zong 4G and PAGE Join Forces to Empower Girls’ Education in Pakistan appeared first on Pakistan Business News.

Karachi, June 23, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Madina (Pvt.) Limited (MPL) at ‘BBB/A-2’ (Triple B/ A-Two). The medium to long-term rating of ‘BBB’ signifies adequate credit quality and suff...

The post VIS Reaffirms Entity Rating of Madina Private Limited appeared first on Pakistan Business News.

Lahore, June 23, 2023 (PPI-OT): The ratings reflect the relative position of JS Bank in the country's competitive banking landscape. This stems from largely intact customer deposit system share (end-Dec22: 2.0%, end-Dec21: 2.2%). The funding base compr...

The post PACRA Maintains the Entity Ratings of JS Bank Limited appeared first on Pakistan Business News.

Faisalabad, June 23, 2023 (PPI-OT): Faisalabad Electric Supply Company (FESCO) Board of Directors and Ministry of Power (Power Division) have approved the establishment of Toba Tek Singh Circle, Three Divisions and Eight Sub Divisions in FESCO region i...

The post FESCO Approves Establishment of Toba Tek Singh Circle and Expansion of Service Divisions to Better Serve Increasing Consumers appeared first on Pakistan Business News.

Islamabad, June 23, 2023 (PPI-OT): Brig. (retd) Aslam Khan, Chairman of Pakistan Economy Watch (PEW) said on Friday that a large number of dollars are being smuggled from the country to Afghanistan and Iran. Pakistan's economy is getting weak due to co...

The post Dollars being smuggled to Afghanistan and Iran appeared first on Pakistan Business News.

Karachi, June 23, 2023 (PPI-OT): Surely to Allah we belong and to Him we will return.Engro is deeply saddened to share the untimely demise of Mr. Shahzada Dawood, Vice Chairman, Engro Corporation, and his beloved son, Suleman Dawood.Mr. Dawood joined t...

The post Untimely Demise of Vice Chairman and Suleman Dawood appeared first on Pakistan Business News.