General Business News

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...

Karachi: The State Bank of Pakistan announced the latest weighted average customer exchange rates for multiple foreign currencies, providing a comprehensive overview of buying and selling rates. According to the figures released, the United States ...