Business

Karachi, May 09, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed entity ratings of Crescent Bahuman Limited (CBL) at ‘A-/A-2’ (Single A Minus/A-Two). Medium to long-term rating of ‘A-’ signifies good credit quality; protection fac...

Islamabad, May 09, 2023 (PPI-OT): Zong 4G, one of Pakistan’s leading telecommunications networks, has partnered with Allied Rental Modaraba – Caterpillar, a leading equipment and machinery rental provider in Pakistan, to develop synergies for communica...

Lahore, May 09, 2023 (PPI-OT): The rating reflects the holding Company character of Hubco with an exclusive focus on the different dimensions of the energy sector. The Company had signed a PPA with the government for 30 years that is valid till 2027. H...

Lahore, May 08, 2023 (PPI-OT): A concrete plan for economic empowerment of women would be derived in the joint meeting of women parliamentary secretaries to be called soon at Islamabad. It was disclosed by Dr. Shahida Rehmani, Parliamentary Secretary, ...

Karachi, May 08, 2023 (PPI-OT): KSE-100 - Remains bullish amidst good volumesThe index opened on a positive note and faced a volatile session in the last trading session. The local bourse posted an intraday high of 230pts, a low of 131pts and concluded...

Islamabad, May 08, 2023 (PPI-OT): Philip Morris International (PMI) has published its 2022 Integrated Annual Report, highlighting progress against its sustainability targets and commitments. The report outlines PMI’s continued evolution into a science-...

Karachi, May 08, 2023 (PPI-OT): Pakistan Cement: Dispatches remained dampen in Apr’23, down 17.5%YoYDomestic cement dispatches for April’23 clocked in at 2.53mn tons, down 24.6%/25.1% MoM/YoY. Region-wise, North offtakes decreased by 22.5%/24.8% MoM/Yo...