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Lahore, September 15, 2023 (PPI-OT): Amid Covid-19 and floods during CY22, the MFB's coverage against NPLs has declined signalling a potential drag on the sector's equity. Meanwhile, write-offs of the sector also increased. Another factor contributing ...

The post PACRA Maintains Entity Ratings of U Microfinance Bank Limited appeared first on Pakistan Business News.

Islamabad, September 15, 2023 (PPI-OT:Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Friday that the c...

The post Pakistan facing serious economic, political and environmental crises appeared first on Pakistan Business News.

Karachi, In a recent development, Ms. Nadia Bilal has taken on the prestigious position of Director at Nishat Chunian Power Limited, effective as of September 14, 2023. This appointment marks a significant milestone in her career and brings a wealth of...

The post Ms. Nadia Bilal Assumes Role as Director of Nishat Chunian Power Limited appeared first on Pakistan Company News.

Karachi, Kohinoor Energy Limited, a prominent player in the energy sector, is delighted to announce that the interim cash dividend for the fiscal year ending June 30, 2024, has been successfully distributed to the company's shareholders. Each sharehold...

The post Kohinoor Energy Limited Issues Interim Cash Dividend at 40% for Fiscal Year 2024 appeared first on Pakistan Company News.

Karachi, The Board of Directors of OLP Services Pakistan (Pvt.) Limited, formerly known as ORIX Modaraba, convened on September 14, 2023, in Karachi to deliberate on the financial performance of OLP Modaraba for the fiscal year ending June 30, 2023. Th...

The post OLP Modaraba Approves 20% Cash Dividend for Fiscal Year 2023 appeared first on Pakistan Company News.

Sri Lanka has qualified for the final of Asia Cup 2023 beating Pakistan by two wickets in last Super Four stage match at Colombo last night.Batting first Pakistan scored 252 runs in allotted 42 overs.Sri Lanka achieved the target on last ball of the ma...

Pakistan Women beat South Africa Women by eight wickets in the third and final One-Day International at Karachi.Batting first, South Africa set the target of 185 runs which Pakistan achieved in 38 overs for the loss of two wickets.Sidra Amin was declar...