General Business News

Karachi: The State Bank of Pakistan has released updated weighted average customer exchange rates, revealing subtle fluctuations in currency values. The rates, effective April 10, 2025, showcase minor adjustments across several major currencies, inclu...

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Foundation Securities (Pvt) Limited at 'A/A2', with a stable outlook. The long-term rating of 'A' indicates good credit quality and adequate protection factors, though ris...

Islamabad: Mobilink Bank, Pakistan's prominent digital microfinance institution, has achieved recognition at the Dubai Lynx Awards 2025 by winning silver for its 'Invisible Heirs' campaign. The accolade was awarded in the Creative Strategy Corporate P...

Karachi: The Exchange Companies Association of Pakistan (ECAP) released its latest open market closing exchange rates, revealing mixed trends across different currencies. The data, sourced from the State Bank of Pakistan, provides insights into the bu...

Karachi: In a call for federal support, Malik Khuda Bakhsh, President of the Pakistan Business Forum's Karachi Region, has endorsed the initiatives of Punjab Chief Minister Maryam Nawaz Sharif aimed at simplifying business financing for small and medi...

ISLAMABAD: Pakistan Petroleum Limited and Bolan Mining Enterprises have entered into a significant agreement with the Government of Balochistan for the Barite-Lead-Zinc project, marking a pivotal moment in the nation's mineral development efforts. The...

Karachi: VIS has started a review process for Sitara Hamza (Private) Limited. The announcement, made on April 9, 2025, indicates that VIS has commenced a rating review exercise for the company. The process, termed "Review Initiated," signifies that...