Lahore, Imran Amin, CEO of the Central Business District (CBD), conducted an unannounced visit to assess the progress of key development projects in Lahore. This inspection aligns with the directives of Chief Minister Mohsin Naqvi and is part of an eff…
Day: November 13, 2023
CDA Establishes Facilitation Centre for Fast-Track Building Plan Approvals
Islamabad, The Capital Development Authority (CDA) Board has approved the establishment of a facilitation centre to expedite the approval process for building plans. This initiative is aimed at significantly reducing the time frame for endorsing both r…
PACRA Maintains Ratings for Glamour Textile Mills Amid Textile Industry Challenges
Lahore, The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of Glamour Textile Mills Limited (GLMT), reflecting its adequate market share in Pakistan’s textile spinning industry. Despite challenges such as raw material a…
VIS Reaffirms Servo Motor Oil’s Ratings with Stable Outlook Amid Industry Challenges
Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Servo Motor Oil (Private) Limited (SMOPL) at ‘BBB/A-2’, indicating adequate credit quality and good certainty of timely payment with a stable outlook. This rating ref…
Mobilink Bank Triumphs at Veon’s Ignite Awards in Istanbul
Islamabad, Mobilink Bank, a prominent digital microfinance bank in Pakistan, marked a significant achievement at the Veon’s Ignite Awards in Istanbul, winning in three major categories: ‘Double-Digit Growth’, ‘Financial Services’, and ‘Diversity and In…
HBL Launches Islamic Prestige Lounge in Rawalpindi
Karachi, HBL has inaugurated its eighth Islamic Prestige Lounge at GPO Haider Chowk in Rawalpindi, expanding its exclusive banking services for high-net-worth individuals. This new addition to HBL’s Prestige network, which now spans across 17 cities in…
LDA empowers TEPA to manage parking enforcement for urban efficiency
Lahore, The governing body of the Lahore Development Authority (LDA) has sanctioned a proposal to transfer the enforcement function, specifically related to parking lots and the right of way, from the LDA’s town planning wing to the Traffic Engineering…