Pakistan Press International
Pakistan Press International
Karachi, Gadoon Textile Mills Limited (GTML) has once again secured the entity ratings of ‘A+/A-1’ from VIS Credit Rating Company Limited (VIS). The medium to long-term rating of ‘A+’ represents good credit quality with adequate protection factors. How…
The post VIS Upholds ‘A+/A-1’ Ratings for Gadoon Textile Mills with Stable Outlook appeared first on Pakistan Business News.
Karachi, Lucky Cement Limited (LCL) continues to hold its robust credit position as VIS Credit Rating Company Limited reaffirms its entity ratings of ‘AA+/A-1+’. These ratings indicate a high credit quality for the medium to long term and an outstandin…
The post VIS Credit Rating Company Reaffirms ‘AA+/A-1+’ Ratings of Lucky Cement Limited appeared first on Pakistan Business News.
Islamabad, MCB Islamic Bank, in its recent financial update, revealed a substantial ascent in its Profit before Tax (PBT) for the third quarter, marking a remarkable 348% increase from the same period in the previous year. The bank’s PBT climbed from P…
The post MCB Islamic Bank’s Q3 PBT Skyrockets to PKR 7.5 Billion appeared first on Pakistan Business News.
Islamabad, In a recent meeting of the Islamabad Chamber of Commerce and Industry (ICCI) Executive Body, concerns were raised over the government’s substantial hike in gas prices. Ahsan Zafar Bakhtawari, President of the ICCI, voiced fears that these in…
The post ICCI Warns of Economic Impact Following Drastic Gas Price Increase appeared first on Pakistan Business News.
Islamabad: The inflation rate in Pakistan for October is projected at 27-29 per cent, the finance ministry said in its monthly economic report.The report added that exports of goods and services for October will remain around $3 billion, similar to wha…
Karachi, The local equity markets are reflecting heightened confidence as investors anticipate a potential easing in the monetary policy soon, following the Policy Rate being stationed at 22%. With headline inflation projected to drop to 16% by June 20…
The post Anticipation of Easing Monetary Policy Fuels Market Confidence: JS Securities appeared first on Pakistan Business News.
KARACHI, Leading figure in the United Business Group (UBG) and an authoritative voice in the gas and petroleum sector, Malik Khuda Baksh, lauded SM Tanveer for his unwavering commitment to serve the nation, likening his fervour to that of his father, S…
The post SM Tanveer Commended for Dedication to National Service, Draws Parallel to Father’s Legacy appeared first on Pakistan Business News.