Category: Business News

Karachi, February 20, 2023 (PPI-OT):VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings of ‘BBB-/A-2’ (Triple B Minus/A-Two) to Madina Oil Refinery Limited (MORL). The medium to long-term rating of ‘BBB-’ denotes adequate credit quality; protection factors are reasonable and sufficient. Risk factors are considered variable if changes

Islamabad, February 20, 2023 (PPI-OT):Ericsson has expanded its indoor mobile connectivity portfolio with three new easy-to-deploy and cost-efficient solutions aimed at delivering 5G coverage, capacity and capabilities across the interior of any work or business environment – regardless of the size or complexity of the building. The new solutions become

Islamabad, February 20, 2023 (PPI-OT):Muhammad Baligh ur Rehman, Governor Punjab said that the business community of Islamabad is making a good contribution to the economy by promoting business activities and paying taxes, therefore, he would play a role for resolving their key issues. He said this while talking to a

Karachi, February 20, 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 on Monday said utilization of electricity is very low due to its high cost which is hindering social and economic development. A

Karachi, February 20, 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 on Friday said tax and other measures will comfort the government but add to the problems of the masses. The tough decisions

Islamabad, February 20, 2023 (PPI-OT):Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) has said that the government is spending billions of rupees every year to bail out the loss-making State Owned Entities( SOEs) including PIA, Pakistan Steel, Pakistan Railways and DISCOs, which show that these entities are

Islamabad, February 20, 2023 (PPI-OT):Ahsan Zafar Bakhtawari, President, Islamabad Chamber of Commerce and Industry (ICCI) leading a delegation, met with Syed Shehzad Nadeem Bukhari, Deputy Inspector General Operations of Islamabad Police and discussed issues of mutual interest with him. He commended the Islamabad Police for bringing the criminals of the

Islamabad, February 20, 2023 (PPI-OT):Former President of Islamabad Chamber of Commerce and Industry (ICCI) Dr. Shahid Rasheed Butt on Monday said the entire burden of the IMF’s conditions is being put on the people, which will stoke poverty and further worsen their condition. The burden of these conditions should also