Survey Projects Demand for Business School Graduates to Rebound in Post-Pandemic Era

9 in 10 corporate recruiters bullish on MBA hiring and salary premium fueled by technology sector growth
RESTON, Va., June 30, 2021 (GLOBE NEWSWIRE) — The Graduate Management Admission Council™ (GMAC™), a global association of leading graduate business schools, today released its annual 2021 Corporate Recruiters Survey. The report found that corporate recruiters project a robust demand for business schoolRead More…

National Junior Training Hockey Camp begins today

KARACHI: Pakistan Hockey Federation is holding National Junior Training Hockey Camp from today (Wednesday) at National Hockey Stadium in Lahore. The players will report to the head coach National Junior Hockey Team Olympian Danish Kaleem by noon Wednesday. A total of 27 players will attend the camp ahead of the international assignments of the national junior hockey team. In addition, PHF has directed five more talRead More…

VIS Maintains Entity Ratings of Zephyr Textile Limited

Karachi, June 30, 2021 (PPI-OT):VIS Credit Rating Company Limited (VIS) has maintained the entity ratings of Zephyr Textile Limited (ZTL) at ‘BBB+/A-2’ (Triple B-Plus/A-Two). The medium to long-term rating of ‘BBB+’ denotes adequate credit quality coupled with reasonable protection factors. Moreover, risk factors are considered variable if changes occur in the economy. The short-term rating of ‘A-2’ denotRead More…

VIS Maintains Entity Ratings of Best Exports (Private) Limited

Karachi, June 30, 2021 (PPI-OT):VIS Credit Rating Company Limited (VIS) has maintained the entity ratings of Best Exports (Pvt.) Limited (BEL) at ‘BBB/A-2’ (Triple B /A-Two). The medium to long-term rating of ‘BBB’ denotes adequate credit quality coupled with reasonable and sufficient protection factors. Moreover, risk factors are considered variable with possible changes in the economy. The short-term ratingRead More…

VIS Reaffirms Entity Ratings of Shahmurad Sugar Mills Limited

Karachi, June 30, 2021 (PPI-OT):VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Shahmurad Sugar Mills Limited (SSML) at ‘A-/A-2’ (Single A Minus/Single A-Two). The medium to long-term rating of ‘A-’ denotes good credit quality coupled with adequate protection factors. Moreover, risk factors may vary with possible changes in the economy. The short-term rating of ‘A-2’ denotes gRead More…

VIS Assigns Preliminary Rating to Proposed Islamic Commercial Paper of Mughal Iron and Steel Industries Limited

Karachi, June 30, 2021 (PPI-OT):VIS Credit Rating Company Limited (VIS) has assigned preliminary instrument rating of ‘A-2’ (A-Two) to proposed Islamic Commercial Paper (ICP) issue of Rs. 1.827b of Mughal Iron and Steel Industries Limited (MISIL). The short-term rating of ‘A-2’ denotes good certainty of timely payments. Liquidity factors and company fundamentals are considered sound.
The ratings assigned to MRead More…

VIS Reaffirms Entity Ratings of Al-Noor Sugar Mills Limited

Karachi, June 30, 2021 (PPI-OT):VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Al-Noor Sugar Mills Limited (ASML) at ‘A-/A-2’ (Single A Minus/Single A-Two). The medium to long-term rating of ‘A-’ denotes good credit quality coupled with adequate protection factors. Moreover, risk factors may vary with possible changes in the economy. The short-term rating of ‘A-2’ denotes gooRead More…

VIS maintains entity ratings of DWP Technologies (Private) Limited

Karachi, June 30, 2021 (PPI-OT):VIS Credit Rating Company Limited (VIS) has maintained the entity ratings of DWP Technologies (Pvt.) Limited (DWPTL) at ‘A-/A-2’ (Single A Minus /A- Two). Outlook on the assigned rating has been revised from ‘Rating Watch-Negative’ to ‘Stable’. The medium to long-term rating of ‘A-’ denotes good credit quality coupled with adequate protection factors. Moreover, risk facRead More…

VIS upgrades entity rating of Digital World Pakistan (Private) Limited

Karachi, June 30, 2021 (PPI-OT):VIS Credit Rating Company Limited (VIS) has upgraded the entity rating of Digital World Pakistan (Pvt.) Limited (DWPL) from ‘BBB+/A-2’ (Triple B Plus/A-Two) to ‘A-/A-2’ (Single A Minus /A-Two). The medium to long-term rating of ‘A-’ denotes good credit quality coupled with adequate protection factors. Moreover, risk factors may vary with possible changes in the economy. TheRead More…

VIS Maintains Entity Ratings of Zarai Taraqiati Bank Limited on ‘Rating Watch Developing’ Status

Karachi, June 30, 2021 (PPI-OT):VIS Credit Rating Company Limited (VIS) has maintained entity ratings of ZTBL at ‘AAA/A-1+’ (Triple A/A-One Plus). The medium to long-term rating of ‘AAA’ denotes highest credit quality, with negligible risk factors, being only slightly more than for risk-free debt of Government of Pakistan (GoP). The short-term rating of ‘A-1+’ denotes highest certainty of timely payment, Read More…