General Business News

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Fatima Sugar Mills Limited at 'A-/A2'. These ratings suggest that the company maintains good credit quality, with adequate protection factors. The medium to long-term rati...

Karachi: The State Bank of Pakistan has announced the latest weighted average customer exchange rates for major foreign currencies. The rates are provided for both buying and selling, reflecting the bank's commitment to transparency in currency transa...

Karachi: The Exchange Companies Association of Pakistan has reported steady currency exchange rates, reflecting a period of stability in the foreign exchange market. According to the latest data, the interbank rate remains within a narrow margin, with...

Islamabad: The Oil and Gas Development Company Limited (OGDCL), in partnership with the Ministry of Energy, led the successful organization of the Pakistan Mineral Investment Forum 2025 (PMIF-25). The event, held in collaboration with key partners suc...

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...