Business

Karachi, June 18, 2023 (PPI-OT): The chairman of United Business Group (UBG) of FPCCI, Mr. Shahzad Malik has, vide a letter few days ago, complimented the FBR team for compiling an annual budget with maximum relief to the Trade and Industry and substan...

The post Freight tax should be waived for Pakistan ship agents: Shahzad Ali Malik and Khalid Tawab appeared first on Pakistan Business News.

Lahore, June 17, 2023 (PPI-OT): The ratings incorporate Flow Petroleum (Pvt) Ltd's (Flow Petroleum or the Company) presence in the oil marketing (OMC) segment. The Company is consistently progressing its medium-term objectives to capture market share i...

The post PACRA Maintains Entity Ratings of Flow Petroleum Private Limited appeared first on Pakistan Business News.

Lahore, June 17, 2023 (PPI-OT): The assigned ratings incorporate Aslam Energy (Pvt.) Ltd.’s extensive experience of sponsors and the Company’s lengthy operating track record. The ratings further factor in the strong business and financial linkages with...

The post PACRA Maintains Entity Ratings of Aslam Energy (Private) Limited appeared first on Pakistan Business News.

Lahore, June 17, 2023 (PPI-OT): MCB-Arif Habib Savings and Investments Limited ("MCB-AH" or the "Company") has recently launched Alhamra Cash Management Optimizer ("ALH CMOP" or the "Fund") to further capture the growing market share in shariah complia...

The post PACRA Assigns Stability Rating to Alhamra Cash Management Optimizer appeared first on Pakistan Business News.

Islamabad, June 17, 2023 (PPI-OT):By the grace of Almighty Allah, Oil and Gas Development Company Limited (OGDCL), the operator of the Wali (Bettani) Exploration License with a 100% working interest, is delighted to announce commencement of production ...

The post Commencement of Production from Wali (Bettani) Oil and Gas Field Early Production Facility appeared first on Pakistan Business News.

Islamabad, June 17, 2023 (PPI-OT):President of Islamabad Chamber of Commerce Ahsan Zafar Bakhtawari has said that the agricultural sector can play a very key role in increasing exports and reducing imports. In the last one year, the trade deficit has r...

The post Agriculture is the lifeline of Pakistan’s economy, government should focus on exports: Ahsan Zafar Bakhtawari appeared first on Pakistan Business News.

Lahore, June 17, 2023 (PPI-OT): The Pakistan International Bulk Terminal Limited (“PIBT” or “the Company”) has secured a distinguished position in its operating segment due to its strategic importance in the Power and Cement sector. With a fully automa...

The post PACRA Updates Entity Ratings of Pakistan International Bulk Terminal Limited | RW | Developing Outlook appeared first on Pakistan Business News.