General Business News

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its long-term AAA rating for the WAPDA Dasu Sukuk-E, citing the strategic importance of the Pakistan Water and Power Development Authority (WAPDA) in the country's water and hydr...

ISLAMABAD: Pakistan is poised to strengthen its trade relations with Asia-Pacific countries through the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI), a significant regional trade organization. The Federation of Pakistan Cham...

Dhaka: Emirates, the world's largest international airline, has taken a significant step in supporting early education in Bangladesh by donating 187 special edition 'Aircrafted KIDS by Emirates' bags. This initiative aims to aid the country's ongoing ...

Karachi: VIS Credit Rating Company Limited has placed the ratings of FINCA Microfinance Bank at 'A-/A2' under 'Rating Watch- Developing' status, following a recent acquisition. The previous rating action was last updated on April 30, 2024. In a deve...

Karachi: VIS Credit Rating Company Limited (VIS) has assigned an initial Management Quality Rating (MQR) of 'AM3 (RMC)' to Sinolink REIT Management Company Limited (SRMCL). This rating suggests that the asset manager demonstrates good management quali...

Karachi: The State Bank of Pakistan released new exchange rates for the revaluation of foreign currencies by authorized dealers, providing detailed figures for ready, 1-month, and 1-year rates. This update is crucial for financial institutions and bus...

Karachi: The State Bank of Pakistan (SBP) has opted to maintain the policy rate at 12.0% as announced in its latest monetary policy statement. Although inflation has shown signs of easing, core inflation remains high, and pressures on the external acc...