Business

Islamabad, June 20, 2023 (PPI-OT): Saifuddin Sheikh, Executive Director of Pakistan Economy Watch (PEW) on Tuesday said the ruling coalition has taken a sigh of relief after the threat of PTI has been removed. Now the coalition partners have started pu...

The post With PTI fading, ruling coalition’s differences become more apparent appeared first on Pakistan Business News.

Islamabad, June 20, 2023 (PPI-OT):President Islamabad Chamber of Commerce Ahsan Zafar Bakhtawari has said that the construction sector in Pakistan has performed excellent services for the last two decades. While this sector has supported the government...

The post Performance of construction sector is example for Others: Ahsan Zafar Bakhtawari appeared first on Pakistan Business News.

Karachi, June 20, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings of ‘AA+ (IFS)’ (Double A plus) with ‘Stable’ outlook assigned to Askari General Insurance Company Limited, with immediate effect, due to non-renew...

The post VIS Withdraws Entity Ratings of Askari General Insurance Company Limited appeared first on Pakistan Business News.

Karachi, June 20, 2023 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has withdrawn Broker Management Rating assigned to Foundation Securities (Private) Limited (FSPL) with immediate effect due to management’s decision to discontinue rating. Previous r...

The post VIS Withdraws Broker Management Rating of Foundation Securities (Private) Limited 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.

Lahore, June 20, 2023 (PPI-OT): Descon Engineering’s Industrial Services Division has been awarded Construction, Installation and Tie-In activities project of Rehman, Front End Compression Facility by PGNiG. The primary scope of work includes civil wor...

The post PGNiG Reaffirms Confidence in Descon Engineering – Awards Construction, Installation and Tie-Ins Project appeared first on Pakistan Business News.

Islamabad, June 20, 2023 (PPI-OT): K-Electric (KE) has submitted a petition to conduct a public hearing on account of Fuel Charges Adjustment for the month of May 2023 at the rate of PKR 1.495 per unit. The request is due to slight increases in prices ...

The post NEPRA to Conduct a Public Hearing on K-Electric’s FCA Petition for May 2023 appeared first on Pakistan Business News.