General Business News

Karachi: VIS Credit Rating Company Limited has commenced a review of Fortune Securities Limited. The initiation of this review indicates that a rating evaluation process is underway, and VIS will announce a rating action once Fortune Securities has su...

Lahore: Packages Real Estate (Pvt.) Limited (PREL), the real estate division of the prominent Packages Group, has received its initial entity ratings from the Pakistan Credit Rating Agency Limited (PACRA). With the strategic location of its flagship p...

Karachi: VIS Credit Rating Company Limited has commenced a review of Muhammad Munir Muhammad Ahmad Khanani Securities Limited, according to a press release issued on April 10, 2025. This review marks the beginning of a rating assessment process for th...

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 begun a comprehensive review of The Crescent Textile Mills Limited, according to a press release issued on April 9, 2025. The review process, which is currently underway, will result in a new rating annou...