Business

Karachi, May 11, 2023 (PPI-OT): Bank Alfalah Islamic becomes the first bank in the industry to offer internships in partnership with the State Bank of Pakistan (SBP) under their initiative titled “Young Islamic Banking Professionals Program (Y-IBP).”Yo...

Karachi, May 11, 2023 (PPI-OT): VIS Credit Rating Company Ltd. (VIS) has reaffirmed the entity ratings of Interloop Limited (ILP) at ‘A+/A-1’ (Single A plus/Single A-One). Outlook on the assigned ratings is ‘Stable’. Long-term rating of ‘A+’ signifies ...

Karachi, May 11, 2023 (PPI-OT): Living up to its core values of caring and giving, Pakistan State Oil (PSO) launched a nationwide ration distribution drive to support underserved communities. Staying true to its commitment to Corporate Social Responsib...

Lahore, May 10, 2023 (PPI-OT): Ambassador of Pakistan to Ghana Farhat Ayesha hosted a dinner in honour of the Pakistani trade delegation visiting Ghana.The delegation is visiting the African country under the leadership of Umar Shahid Butt, Vice Consul...

Lahore, May 10, 2023 (PPI-OT): TECNO Mobile, has taken a step to show its strong commitment to its loyal customers by reducing the prices of some of its popular models includes Camon 19 Neo, Spark 8c, Pova Neo, and Pop 5 LTE in the market.Tecno Spark 8...

Karachi, May 10, 2023 (PPI-OT): Autos: Apr-2023E volumes to hit lowest mark since Dec-08We preview auto sales volume for Apr-2023 where we foresee sales to hit its 14-year low levels to 3.7k units, down 56% MoM. The decline comes amid ongoing plant clo...

Karachi, May 10, 2023 (PPI-OT): IMF: Stepping out of the realm of logicThe IMF’s latest demand is for further interest rate hikes in the country, with some media sources reporting an increase to as much as 25%. The SBP stated that real interest rates, ...