General Business News

Karachi: VIS Credit Rating Company Limited has initiated a review of Topline Securities Limited, according to a recent announcement. This move marks the beginning of a detailed assessment process, which will culminate in a new rating announcement once...

LAHORE: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its rating of Mughal Iron and Steel Industries Limited, a significant player in the steel industry, as the company continues to navigate industry-wide challenges. Mughal faces su...

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: VIS Credit Rating Company Limited has begun a review of Universal Leather (Private) Limited, according to a recent announcement. The process, termed as "Review Initiated," signifies that the company is undergoing a comprehensive rating evalua...