Category: Business News

Karachi, February 28, 2023 (PPI-OT):The Board of Directors of National Bank of Pakistan “NBP” “the Bank” met today to approve the annual financial statements for the year ended December 31, 2022. The Bank has delivered yet another year of strong financial results, and posted a pre-tax profit of PKR 62.7

Karachi, February 28, 2023 (PPI-OT):Amir Paracha, Chairman and Chief Executive Officer, Unilever Pakistan Limited has taken over as the President of the Overseas Investors Chamber of Commerce and Industry (OICCI) for the 2023 term. This was announced at the 163rd Annual General Meeting of the OICCI held at the Chamber

Karachi, February 28, 2023 (PPI-OT):VIS Credit Rating Company Limited (VIS) has suspended the entity ratings assigned to Sheikhoo Sugar Mills Limited (SSML), with immediate effect, due to non-availability of required information for ratings analysis. The ratings will be reassessed as and when required information is available. The previous rating action

Islamabad, February 28, 2023 (PPI-OT):Speaker National Assembly said that there is no possibility of Pakistan’s default and the current economic crisis would be overcome soon to make Pakistan a strong economy. He said that he has talked to the finance minister about LCs issue and this issue would be resolved

Karachi, February 28, 2023 (PPI-OT):UBL Funds and RIZQ have joined hands to drive financial wellness in Pakistan. The partnership aims to empower salaried professionals and freelancers to save smartly amid rising inflation. RIZQ is a financial wellness app that offers a wide range of products and services, providing enhanced access

Lahore, February 28, 2023 (PPI-OT):Moazzam Ghurki, President Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) stated during a think tank session held at PCJCCI Secretariat yesterday, that Dasu Hydropower Project (DHPP) in the Upper Kohistan district of Khyber Pakhtunkhwa (KP) has created at least 2,664 jobs for the local

Islamabad, February 27, 2023 (PPI-OT):The Pakistan Economy Watch (PEW) on Saturday said wrong economic policies have damaged the country’s economy and politicians have no other option but to focus on economic recovery. Important economic matters should not be left to the incompetent otherwise they would damage the economy which will

Islamabad, February 27, 2023 (PPI-OT):The rapid adoption of Information and Communication Technology (ICT) is very important for better socio-economic development and promoting Pakistan as a digital economy, therefore, the government should focus on this industry to increase its annual exports to at least $ 10 billion per annum. This was