TAIYUAN, China, July 26, 2024 /Xinhua-AsiaNet/– When people think of China’s Shanxi province, the ancient “Mature Vinegar” with over 3,000 years of history comes to mind. This unique vinegar, known for its sour, fragrant, sweet, mellow, and fresh flavors, undergoes five main steps and 82 procedures, including steaming, fermenting, smoking, drenching, and aging. The process […]
Day: July 26, 2024
Political Unrest and Economic Uncertainty Drive KSE-100 Index Down 2.6% This Week
Islamabad: The KSE-100 index recorded a decline of 2.6% over the past week, influenced by ongoing political turmoil and economic instability in Pakistan. This trend was accompanied by a significant reduction in both the number and value of shares trad…
PACRA Reaffirms Stable Ratings for Sarena Textile Amid Growth and Challenges
Lahore: The Pakistan Credit Rating Agency (PACRA) has reaffirmed its stable ‘A’ long-term and ‘A2’ short-term entity ratings for Sarena Textile Industries (Pvt.) Limited, reflecting the company’s strong position in the textile manufacturing and export…
PACRA Reaffirms Stable Ratings for Sarena Textile Amid Growth and Challenges
Lahore: The Pakistan Credit Rating Agency (PACRA) has reaffirmed its stable ‘A’ long-term and ‘A2’ short-term entity ratings for Sarena Textile Industries (Pvt.) Limited, reflecting the company’s strong position in the textile manufacturing and export…
PACRA Maintains ‘A’ Rating for Universal Insurance, Notes Need for Strategic Overhaul
Lahore: The Pakistan Credit Rating Agency (PACRA) has maintained its ‘A’ insurer financial strength (IFS) rating for The Universal Insurance Company Limited, citing a stable outlook but placing the company under a “Rating Watch” due to challenges in i…
PACRA Maintains ‘A’ Rating for Universal Insurance, Notes Need for Strategic Overhaul
Lahore: The Pakistan Credit Rating Agency (PACRA) has maintained its ‘A’ insurer financial strength (IFS) rating for The Universal Insurance Company Limited, citing a stable outlook but placing the company under a “Rating Watch” due to challenges in i…
Rising Electricity Bills Prompt Fears of Public Unrest, Says Business Leader Mian Zahid Hussain
Karachi: Mian Zahid Hussain, a prominent business figure and former provincial minister, warned of increasing potential conflicts between the public and power companies over escalating electricity bills, which he reported are now often exceeding house…
Lahore Initiates AI-Powered Anti-Smog Drive with Electronic Challans for Polluting Vehicles
Lahore: In a significant move to combat air pollution, the Punjab traffic police have deployed artificial intelligence to issue electronic challans to smoke-emitting vehicles. This initiative, which aligns with the Chief Minister’s vision for environm…
Bank Alfalah Introduces 10th Batch of Management Trainees Amid High Demand
Karachi: Bank Alfalah has inaugurated its 10th batch of the ALFA Lead Management Trainee Program, a pivotal initiative aimed at fostering future leaders within the organization. This year, the program received over 7,100 applications, highlighting the…
SBCA Launches Help Desk in North Karachi to Streamline Construction Processes for Industrialists
Karachi: In a significant move to streamline construction processes for industrialists, the Sindh Building Control Authority (SBCA) has established a one-window facility at the North Karachi Association of Trade and Industry (NKATI). This new Help Des…