Business
Business
Credit rating companies: SECP raps PACRA, JCR VIS for non-compliance
In a historical first, the Securities and Exchange Commission of Pakistan (SECP) has publicly reprimanded the two most well known…
POF division aquires 1 MW solar power plant
A one-megawatt (MW) solar power plant started generating electricity at Wah Nobel Chemicals Limited earlier today – Currently one of the largest captive…
Shaheen Air to commence UK flight operations from next month onwards
Shaheen Air has announced the formal launch of European flights from next month starting with a brand new service between Manchester…
Quaid-e-Azam LNG based Thermal Power: NEPRA allows it Rs6.58 per unit interim tariff
The National Electric Power Regulatory Authority (Nepra) has allowed the Quaid-e-Azam Thermal Power Private Limited (QATPL) an interim tariff of…
Public sector companies: Masses demand transparency in national assets
Tales of poor service delivery, weak governance and financial mismanagement in public sector companies (PSCs) are doing the rounds in…
Volvo all set to re-enter Pakistan market
The latest development on the transport scene is the decision of Europe’s leading bus manufacturing company Volvo to re-enter the Pakistani market.…
Orix Leasing buys majority shares of Standard Chartered Leasing
Orix Leasing Pakistan is set to acquire majority shareholding in Standard Chartered Leasing by paying its major stakeholder Rs7.88 per…
“Currency swap deal not benefitting Pakistan”: PCJCCI president
The Pak-China Joint Chamber of Commerce and Industry (PCJCCI) President Shah Faisal Afridi emphasized the benefits of the currency swap…
HBL Asset Management gobbles up PICIC Asset Management
The asset management subsidiary of Habib Bank (HBL) has acquired 100% shares in PICIC Asset Management, a stock filing stated…