Karachi, June 07, 2023 (PPI-OT): FPCCI acknowledges that Prime Minister Mian Shehbaz Sharif and Finance Minister Ishaq Dar have always supported the business community in playing their indispensable part in the economic growth of Pakistan. Construction…
Islamabad, June 07, 2023 (PPI-OT): Jazz, Pakistan’s largest digital operator and lifestyle partner, has announced joining the Collect and Recycle (CoRe) Alliance to advance its climate commitment. On this World Environment Day, the company has reiterat…
Lahore, June 07, 2023 (PPI-OT): Lucky Electric Power Company Limited (“LEPCL” or “the Company”) has set up a 1x660MW (gross) coal-fired power plant. The project achieved COD in March-22 and is successfully connected to and providing electricity to the …
Lahore, June 07, 2023 (PPI-OT): Lucky Electric Power Company Limited (“LEPCL” or “the Company”) has set up a 1x660MW (gross) coal-fired power plant. The project achieved COD in March-22 and is successfully connected to and providing electricity to the …
Karachi, June 07, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) notes that Summit Bank Limited has released the Financial Statement for 2022 and Q1’2023, however the restructuring plan is still awaited. Summit Bank Limited has sought extension…
Karachi, June 07, 2023 (PPI-OT): VIS Credit Rating Company Limited has upgraded the entity ratings of House Building Finance Company Limited (‘HBFC’ of ‘the DFI’) from ‘A/A-1’ (Single A/A-One) to ‘AA-/A-1+’ (Double A Minus/A-One Plus). Assigned short-t…
Karachi, June 07, 2023 (PPI-OT): KSE-100 – Bullish sentiment persistsThe index opened on a positive note and remained bullish throughout the last trading session. The local bourse posted a high of 359pts and concluded with a gain of 256pts to settle at…
Karachi, June 07, 2023 (PPI-OT): KSE-100; Improving volumes – a positive signBulls continued to dominate the session as KSE-100 index gained 256 points DoD to close at 41,923. Volumes stood at 241mn shares versus 145mn shares traded previously. The ind…
Karachi, June 07, 2023 (PPI-OT): Banks: FY24 Budget likely to bring more taxesWe believe the FY24 Budget will likely carry more negative earnings implications for banks, as it has been among the key sectors historically for the government to reap tax c…
Karachi, June 07, 2023 (PPI-OT): Mr. Irfan Iqbal Sheikh, President FPCCI, has apprised that the apex body has recommended to the Government of Pakistan for announcing REIT rules and regulations for the agriculture sector and this concept has been aroun…
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