General Business News

Karachi: The currency exchange rates reflected minor fluctuations between January 22 and January 23, 2025, as per the recent data. The changes were observed across major currencies including the US Dollar, Euro, British Pound, Japanese Yen, United Ara...

The post Currency Exchange Rates Show Minor Fluctuations in Pakistan appeared first on Pakistan Business News.

Karachi: The Korangi Association of Trade and Industry (KATI) has expressed deep condolences over the passing of the widow of the late SM Munir, who was also the mother of United Business Group (UBG) and KATI Patron-in-Chief SM Tanveer, SM Irfan, and ...

The post KATI Mourns the Loss of a Respected Maternal Figure appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of First Paramount Modaraba at 'BBB/A3'. The ratings reflect adequate credit quality with a stable outlook. The medium to long-term rating of 'BBB' signifies reasonable prote...

The post First Paramount Modaraba’s Ratings Reaffirmed Amid Strategic Shift appeared first on Pakistan Business News.

Karachi: Jubilee Life Insurance Company Limited has retained its prestigious Insurer Financial Strength (IFS) rating of AA++ with a stable outlook, according to recent ratings by The Pakistan Credit Rating Agency Limited (PACRA). Despite a challenging...

The post Jubilee Life Insurance Maintains Top IFS Rating Amidst Market Challenges appeared first on Pakistan Business News.

Karachi: The President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Atif Ikram Sheikh, has called for the establishment of a free trade agreement (FTA) or a preferential trade agreement (PTA) between Pakistan and Bangladesh...

The post Pakistan and Bangladesh Urged to Consider Free Trade Agreement for Growth appeared first on Pakistan Business News.

Karachi: Large Scale Manufacturing (LSM) in Pakistan has recorded a year-on-year decline of 3.8% in November 2024, marking the fourth instance of negative growth in the past six months. This downturn has contributed to a cumulative negative growth of ...

The post Pakistan’s Large-Scale Manufacturing Sees Continued Decline appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Ltd. has assigned an initial Broker Fiduciary Rating of 'BFR3' to Pearl Securities Limited, marking the brokerage firm as maintaining good fiduciary standards with a stable outlook.

According to a statement by VIS ...

The post VIS Assigns ‘BFR3’ Rating to Pearl Securities Limited appeared first on Pakistan Business News.