General Business News

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: 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...

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: Investors in Fauji Cement Company Ltd (FCCL) and Kohat Cement Company Ltd (KOHC) can expect robust earnings growth in the third quarter of fiscal year 2025, according to projections released by JS Global. FCCL is projected to achieve earni...