Germany has announced economic assistance worth 163 million euros for Pakistan.The announcement was made by German Parliamentary Minister for Economic Affairs Niels Annen during his meeting with Minister for Economic Affairs Sardar Ayaz Sadiq in Germa...
Read More »ADB to help Pakistan to build climate-resilient infrastructure
Asian Development Bank (ADB) has expressed its strong commitment to help Pakistan to build the much-needed climate-resilient infrastructure.The assurance was given by the Bank's Director General of Central and West Asia Department Yevgeniy Zhukov whil...
Read More »Govt averted default, economy now on course to stability & growth: Finance Ministry
Finance Ministry says the coalition government has averted the default and the economy is now on a course to stability and growth.Regarding a recent news carried by media about 3.7 billion dollars repayment till the end of next month, the Ministry sai...
Read More »VIS Assigns Preliminary Rating to Sukuk of Pakistan Telecommunication Company Limited
Karachi, May 09, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has assigned preliminary rating of ‘AAA’ (Triple A) to Pakistan Telecommunication Company Limited’s (PTCL) proposed Rs. 5.0b Sukuk. The medium to long-term rating of ‘AAA’ denotes ...
Read More »Gong Ceremony Held at PSX to Mark 20 Years of CFASP
Karachi, May 09, 2023 (PPI-OT): A gong ceremony was held at Pakistan Stock Exchange (PSX) to celebrate twenty years of commitment by CFA Society Pakistan (CFASP) to elevate and promote excellence in the investment profession. Mr. Nick Pollard, Managing...
Read More »K-electric refutes claims of unannounced load shedding in the city
Karachi, May 09, 2023 (PPI-OT): In response to the news about unannounced load shedding in the city, K-Electric’s spokesperson in a statement on its social media platform refutes all claims regarding unannounced load shedding in the city. The spokesper...
Read More »MMBL Achieves 48% Revenue Growth Despite Challenging Economic Conditions
Islamabad, May 09, 2023 (PPI-OT): Mobilink Bank (MMBL) reported its financial results for Q1 2023, demonstrating strong business resilience in the face of challenging economic conditions. The Bank’s unaudited financial statements indicate a remarkable ...
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