VIS upgrades ER of Fatima Fertilizer Co.

KARACHI:VIS Credit Rating Company Limited has upgraded the entity ratings of Fatima Fertilizer Company Limited from double A minus /A-one to double A /A-one. The medium to long-term rating of ‘AA’ denotes high credit quality coupled with strong protection factors. Moreover, risk factors may vary slightly with possible changes in the economy. The short-term rating […]

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PM stresses emergency steps to check smuggling, money-laundering

ISLAMABAD:Prime Minister Imran Khan on Wednesday stressed the need for taking emergency measures to control the smuggling of commodities including wheat, urea, sugar, flour, petrol and check money-laundering. Chairing a high-level meeting to review anti-smuggling and anti-money-laundering measures, he said heavy damage was inflicted on the economy as a result of smuggling of food commodities […]

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VIS assigns IR to Suraj Cotton Mills

KARACHI:VIS Credit Rating Company Limited has assigned initial entity ratings of single A plus/A-one to Suraj Cotton Mills Limited . The medium to long-term rating of ‘A+’ denotes good credit quality coupled with adequate protection factors. Risk factors may vary with possible changes in the economy. The short-term rating of ‘A-1’ denotes high certainty of […]

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PCIC decides to lunch Green, Yellow line in December

KARACHI:Sindh Chief Minister Syed Murad Ali Shah presiding over a meeting of Provincial Coordination & Implementation Committee decided to launch Green Line BRT during current month and BRT Yellow Line from March 2022 and directed Sindh Solid Waste Management Board (SSWMB) to strengthen front line collection of garbage. The meeting was attended by Corps Commander […]

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Senate body on Law proposes constitution of a sub-committee to clear misinterpretations

ISLAMABAD:The Senate Standing Committee on Law and Justice on Wednesday proposed to constitute a sub-committee in order to clear the misinterpretations of the media with regards to text (content) of various bills passed in the Senate. The Senate body met here under the Chairmanship of Syed Ali Zafar. At the outset of the meeting, the […]

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Bahawalpur Disabled makes it to final of 7th National Disabled T20 Cricket Championship

KARACHI:Bahawalpur Disabled makes it to final, defeats Karachi Disabled in second semi-final by 8 wickets The winning team’s Mohammad Noman’s brilliant all-round performance, remained man of the match for the fourth time in a row, the final will be played on Friday. Bahawalpur Disabled defeated strong rival Karachi Disabled by eight wickets in the second […]

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