Business

This category covers all news related Business & Finance

VIS Maintains Entity Ratings of Khalid Shafique Spinning Mills Limited

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...

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PACRA assigns Preliminary rating to Kashf Foundation | PPTFC | PKR 2.5bln | TBI

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...

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ZONG 4G Empowers International Callers During Hajj with IDD Saudi Arabia Mobily Bundles

Islamabad, June 20, 2023 (PPI-OT): In a world where staying connected is more important than ever, Zong 4G, Pakistan’s leading telecommunication operator, is proud to set new benchmarks with its unparalleled service offerings. Recognizing the importanc...

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VIS Reaffirms Entity Ratings of Kamal Textile Mills (Pvt.) Limited

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...

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Bank Alfalah Partnered with Aga Khan Foundation to Provide Health Services Worth PKR 200M in Flood-Impacted Areas

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...

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Strengthening Ties with PARCO – Descon Engineering Awarded MCR Project

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...

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