Business

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.

Karachi, June 20, 2023 (PPI-OT): FrieslandCampina Engro Pakistan Limited (FCEPL) and NEDAP, a multinational technology company in the Netherlands, join forces to harness the huge potential of the Pakistani dairy sector with the aim of boosting the oper...

The post FrieslandCampina Engro Pakistan Limited Partner to Unleash Vast Potential of Dairy Farming in Pakistan appeared first on Pakistan Business News.

Karachi, June 20, 2023 (PPI-OT): Mr. Irfan Iqbal Sheikh, President FPCCI, has applauded the Prime Minister Mian Muhammad Shehbaz Sharif for his decisive push to green light 13 important projects in renewable energy (RE) and coming under category-III, t...

The post FPCCI applauds PM for the Go Ahead to 13 Renewable Energy Projects appeared first on Pakistan Business News.

Karachi, June 20, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has maintained the entity ratings of Khalid Shafique Spinning Mills Limited (KSSML) at ‘BBB+/A-2’ (Triple B Plus/A-Two). Medium to long-term rating of ‘BBB+’ reflects adequate cre...

The post VIS Maintains Entity Ratings of Khalid Shafique Spinning Mills Limited appeared first on Pakistan Business News.

Lahore, June 20, 2023 (PPI-OT): Kashf Foundation is in the process to issue Rated, Secured, Privately Placed, DSLR Listed Term Finance Certificates amounting up to PKR 2.5bln to expand the micro-infrastructure finance. PPTFC is the first gender bond be...

The post PACRA assigns Preliminary rating to Kashf Foundation | PPTFC | PKR 2.5bln | TBI appeared first on Pakistan Business News.