Business

Lahore, June 22, 2023 (PPI-OT): The ratings incorporate the strategic importance of K-Electric Limited, (“the Company” or “KE”) being a vertically integrated power utility, responsible for the generation, transmission, and distribution of electricity i...

The post PACRA Updates the Entity Ratings of K-Electric Limited – Rating Watch appeared first on Pakistan Business News.

Karachi, June 22, 2023 (PPI-OT): Al Baraka Bank (Pakistan) Limited celebrated the launch ceremony of “Digital On-boarding” held at the Head Office. Muhammad Atif Hanif (CEO) along with the Senior Management of the Bank attended the ceremony.The ADC tea...

The post Digital On-Boarding Launch Event appeared first on Pakistan Business News.

Karachi, June 22, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed entity ratings of Rajby Industries (RI) at ‘A-/A-2’ (Single A Minus/A-Two). Medium to long-term rating of ‘A-’ signifies good credit quality; protection factors are...

The post VIS Reaffirms Entity Ratings of Rajby Industries appeared first on Pakistan Business News.

Karachi, June 22, 2023 (PPI-OT): VIS Credit Rating Company Limited has maintained the entity ratings of Frontier Foundry Steel (Pvt.) Ltd. (FFSL) at ‘A/A-1’ (Single A/A-One), with revision in outlook from ‘Rating Watch - Developing’ to ‘Stable’. The lo...

The post VIS Maintains Entity Ratings of Frontier Foundry Steel Private Limited appeared first on Pakistan Business News.

Karachi, June 22, 2023 (PPI-OT): The representatives of Pakistan's business community have proposed an amendment to increase the salaries and allowances of the members of the Senate, including the Senate Chairman, Deputy Chairman, Leader of the Opposit...

The post The country’s treasury is empty, approving the privilege bill in the Senate is a joke with the nation, UBG appeared first on Pakistan Business News.

Islamabad, June 21, 2023 (PPI-OT): Pakistan's ambassador to Sudan Mir Behrooz Regi has said that Balochistan is a province rich in gold, gas and mineral resources. By utilizing these resources in a better way, the destiny of Balochistan as well as Paki...

The post Balochistan is rich in minerals, resources need to be used in a better Way-Mir Behrooz Regi appeared first on Pakistan Business News.

Karachi, June 20, 2023 (PPI-OT): The Union of Small and Medium Enterprises (UNISAME) has questioned the commercial banks as to their reluctance to finance imports of SMEs despite the fact that State Bank of Pakistan (SBP) has advised them to finance im...

The post UNISAME Appreciates SBP for Facilitating SME Importers appeared first on Pakistan Business News.