Business

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 (VIS) has withdrawn Broker Management Rating assigned to Foundation Securities (Private) Limited (FSPL) with immediate effect due to management’s decision to discontinue rating.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.

Karachi, June 19, 2023 (PPI-OT): Mr. Irfan Iqbal Sheikh, President FPCCI, has apprised the media that after in-depth analysis of the federal budget 2023 - 24, FPCCI has come up with many budget anomalies; which will prove to be counterproductive if not...

The post Glaring Anomalies need immediate attention of the government appeared first on Pakistan Business News.

Karachi, June 19, 2023 (PPI-OT): After due process, NEPRA issued its decision on K-Electric’s petition for reduced Fuel Charge Adjustments (FCA) for the month of April 2023. The reduction is at a rate of PKR 0.0472 per unit and will reflect in customer...

The post NEPRA Notifies Reduced FCA for April 2023 appeared first on Pakistan Business News.

Karachi, June 19, 2023 (PPI-OT):Consul General of China Yang Yundong, while responding to President Karachi Chamber’s suggestion, stated that China’s Small and Medium Enterprises (SMEs) account for 70 to 80 percent of GDP so it was in a perfect positio...

The post China in a perfect position to help Pakistan develop SME sector: CG appeared first on Pakistan Business News.

The Senate continued discussion on the budget for next fiscal year on Monday.Taking floor of the House, Senator Engineer Rukhsana Zuberi called for drafting a Charter of Economy to bring economic stability in the country. She stressed on implementing ...

Defence Minister Khawaja Muhammad Asif has called for a firm action against those involved in sending the people abroad illegally.Speaking in the National Assembly on Monday, he expressed deep grief and sorrow over the deaths of Pakistani migrants in ...