FLASHNEWS:

Category: Business

Business Community Welcomes IMF Deal

Karachi, July 14, 2023 (PPI-OT): Mr. Irfan Iqbal Sheikh, President FPCCI, has apprised that Pakistan’s business, industry and trade community have had a sigh of relief after the approval of IMF’s Standby Agreement (SBA) for a period of 9 months after a…

Public and businesses are given a reprieve in form of IMF loan

Karachi, July 14, 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 said on Friday that the approva…

Strict action against Hundi operators demanded

Karachi, July 14, 2023 (PPI-OT): Former Vice President of FPCCI Atif Ikram Sheikh on Friday demanded steps to restore the confidence of the expatriates. He also demanded action against those involved in hundi business who are offering higher exchange r…

No Significant Change to Load Shed Regime

Karachi, July 14, 2023 (PPI-OT): Following a periodic assessment of the network, 71% of the city remain exempt from load shed under the schedule published by K-Electric, effective immediately. The schedule, which is publicly available on the company’s …

VIS Reaffirms Entity Ratings of Rajby Textiles (Private) Limited

Karachi, July 14, 2023 (PPI-OT): VIS Credit Rating Company Limited (VIS) has reaffirmed entity ratings of Rajby Textiles (Private) Limited (RTPL) at ‘A-/A-2’ (Single A Minus/A-Two). Medium to long-term rating of ‘A-’ signifies good credit quality; prot…

Jazz team ensures uninterrupted connectivity for flood victims

Karachi, July 14, 2023 (PPI-OT): Rapid response of Jazz team in the flood stricken areas of Kasur kept the locals connected during high floods. According to details, Jazz’s Dhoop Sari tower is the only mobile tower in the area providing connectivity to…