General Business News

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Olympia Oils (Pvt) Limited at 'A-/A2'. The ratings indicate a good credit quality with adequate protection factors and a stable outlook. The previous rating action was ann...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its long-term AAA rating for the WAPDA Dasu Sukuk-E, citing the strategic importance of the Pakistan Water and Power Development Authority (WAPDA) in the country's water and hydr...

Lahore: In a recent development, Masood Spinning Mills Limited (MSML) has been assigned a preliminary A- rating by The Pakistan Credit Rating Agency Limited (PACRA) for its debt instrument, which is valued at PKR 3.0 billion. The rating reflects the c...

ISLAMABAD: Pakistan is poised to strengthen its trade relations with Asia-Pacific countries through the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), a significant regional trade organization. The Federation of Pakistan Cham...

Dhaka: Emirates, the world's largest international airline, has taken a significant step in supporting early education in Bangladesh by donating 187 special edition 'Aircrafted KIDS by Emirates' bags. This initiative aims to aid the country's ongoing ...

Karachi: VIS Credit Rating Company Limited has placed the ratings of FINCA Microfinance Bank at 'A-/A2' under 'Rating Watch- Developing' status, following a recent acquisition. The previous rating action was last updated on April 30, 2024. In a deve...

Karachi: VIS Credit Rating Company Limited (VIS) has assigned an initial Management Quality Rating (MQR) of 'AM3 (RMC)' to Sinolink REIT Management Company Limited (SRMCL). This rating suggests that the asset manager demonstrates good management quali...