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UNISAME Urges Swift Action on SME Reforms Under Prime Minister’s Supervision

Karachi: The Union of Small and Medium Enterprises (UNISAME) has expressed appreciation for Prime Minister Shehbaz Sharif's focus on reforms across various sectors, including those aimed at improving conditions for small and medium enterprises (SMEs)....

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Gold Prices Climb in Pakistan Amid International Market Surge

Karachi: Gold prices in Pakistan have seen a notable increase, with the rate for one tola of 24-karat gold reaching Rs. 304,000, marking a rise of Rs. 2,500 from previous rates. The surge in domestic prices coincides with an uptick in the internationa...

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Lucky Core Industries Reports 23% Earnings Growth Amid Sector Variances

Karachi: Lucky Core Industries Limited (LCI) reported a significant 23% year-over-year growth in its standalone earnings for the first half of the fiscal year 2025, reaching PkR6.2 billion. This increase, primarily attributed to reduced finance costs ...

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Aspin Pharma’s Short-Term Sukuk Receives ‘A1’ Rating from VIS

Karachi: VIS Credit Rating Company Limited has finalized the short-term rating of 'A1' for Aspin Pharma (Private) Limited's Short-Term Sukuk issue, amounting to Rs. 2,000 million. This rating indicates a strong likelihood of timely repayment of short-...

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SITE Industrialists Mourn Death of Prominent Business Leader

Karachi: The Patron-in-Chief of the SITE Association of Industry (SAI), Zubair Motiwala, alongside other prominent figures from the association, has expressed condolences on the death of AQ Khalil, a noted businessman and former President of the Karac...

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VIS Reaffirms Ratings for Unity Foods Amid Economic Challenges

Karachi: VIS Credit Ratings Company Ltd. (VIS) has reaffirmed the entity ratings of Unity Foods Limited (UFL) at 'A/A2', indicating a good credit quality with adequate protection factors, albeit with a 'Negative' outlook due to potential economic fluc...

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Bank Alfalah Expands Support for Qist Bazaar with Equity and Credit Boost

Islamabad: Bank Alfalah, one of Pakistan's leading financial institutions, has reinforced its commitment to financial inclusion by enhancing its investment in Qist Bazaar, a rapidly growing buy-now-pay-later platform in the country. This move aims to ...

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