Business

Karachi, June 20, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed entity ratings of Kamal Textile Mills (Pvt.) Limited (KTML) at ‘A-/A-2’ (Single A Minus/A-Two). Medium to long-term rating of ‘A-’ signifies good credit quality; pr...

The post VIS Reaffirms Entity Ratings of Kamal Textile Mills (Pvt.) Limited appeared first on Pakistan Business News.

Karachi, June 20, 2023 (PPI-OT): Bank Alfalah, one of Pakistan’s leading commercial banks, has partnered with Aga Khan Foundation (AKF) through a donation of PKR 200 million. The funds will be utilised by AKF (Pak), and it’s implementing partners to pr...

The post Bank Alfalah Partnered with Aga Khan Foundation to Provide Health Services Worth PKR 200M in Flood-Impacted Areas appeared first on Pakistan Business News.

Lahore, June 20, 2023 (PPI-OT): Descon Engineering’s Industrial Services Division has been awarded an extension of the Maintenance Services for MCR by PARCO. This is the 2nd consecutive year that Descon has won the opportunity to continue providing ser...

The post Strengthening Ties with PARCO – Descon Engineering Awarded MCR Project appeared first on Pakistan Business News.

Islamabad, June 20, 2023 (PPI-OT): Former President of Islamabad Chamber of Commerce and Industry (ICCI) Dr. Shahid Rasheed Butt said on Tuesday said that Pakistan has no option but to seek respite from debt repayment. If China, Saudi Arabia and other ...

The post Pakistan has no choice except to postpone debt payments appeared first on Pakistan Business News.

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Karachi, June 20, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has withdrawn the entity ratings of ‘AA+ (IFS)’ (Double A plus) with ‘Stable’ outlook assigned to Askari General Insurance Company Limited, with immediate effect, due to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