Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called for significant policy changes regarding tea imports, emphasizing the necessity to reclassify tea as a basic commodity rather than a luxury item. Atif Ikram Sheik…
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has assigned initial entity ratings to GH2 Industries (Pvt.) Limited, a nascent company spearheaded by Mr. Rana Nasim Ahmed, with investment support from Descon Holdings (Pvt.) Ltd. and Aureliu…
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to abolish the current maximum retail price (MRP) and tax exemptions on tea imports, arguing that the existing policies are detrimental to the indus…
Karachi: The State Bank of Pakistan has made public the weighted average customer exchange rates for several major foreign currencies. The latest figures, dated April 15, 2025, show the buying and selling rates for ten currencies, reflecting the fluct…
Karachi: VIS Credit Rating Company Limited has maintained the entity ratings of Ahmed Oriental Textile Mills Limited at ‘A-/A2’, indicating good credit quality with adequate protection factors. The outlook on these ratings has been revised to “Stable”…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Arshad Textile Mills Limited at ‘BBB-/A2’, indicating adequate credit quality and a good likelihood of timely short-term repayment. The stable outlook reflects the company…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Gohar Textile Mills (Pvt.) Limited at ‘A+/A1’, indicating a stable outlook for the textile manufacturer despite ongoing economic challenges. The ratings reflect the compan…
Karachi: VIS Credit Rating Company Ltd. has reaffirmed the Broker Management Rating of FDM Capital Securities (Private) Limited at ‘BMR3++’ with a ‘Stable’ outlook. This decision reflects the company’s robust external control framework, compliance pra…
Karachi: VIS Credit Rating Company Ltd. has reaffirmed the Broker Fiduciary Rating of FDM Capital Securities (Private) Limited at ‘BFR3’, indicating good fiduciary standards. The outlook remains ‘Stable’, with the last rating action announced in March…
Islamabad:President Asif Ali Zardari has emphasized the importance of enhancing Pakistan’s historic partnership with Türkiye through closer cooperation in various sectors including trade, investment, defence, education, and culture.
According to Rad…
