General Business News

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has announced the continuation of its ratings for the University of Management and Technology (UMT), maintaining its long-term rating at A- and short-term rating at A2, with a stable outlook. T...

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KARACHI: Pakistan State Oil (PSO) and Attock Petroleum Limited (APL) have projected notable financial outcomes for the second quarter of fiscal year 2025, with PSO anticipating a significant profit increase and APL expecting a marginal decline in prof...

The post PSO and APL Project Positive Financial Outcomes Amid Market Shifts appeared first on Pakistan Business News.

Lahore: The Bank of Punjab has sustained its strong financial standing as the Pakistan Credit Rating Agency Limited (PACRA) affirmed the bank's long-term credit rating at AA with a stable outlook, according to a recent press release. The rating reflec...

The post The Bank of Punjab Maintains Strong Financial Position Amid Market Challenges appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Lahore Sialkot Motorway Infrastructure Management (Pvt.) Limited (LSMIML) at 'A-/A2', reflecting strong credit quality and a stable outlook. This decision underscores the ...

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Karachi: VIS Credit Rating Company Limited has withdrawn the entity ratings assigned to Cotton Web Limited, effective immediately, following the management's decision to discontinue the ratings. The previous rating action for the company was announced...

The post VIS Withdraws Ratings for Cotton Web Limited appeared first on Pakistan Business News.

Lahore: Azerbaijan is set to strengthen its economic ties with Pakistan by opening a Trade Center in Lahore, marking a significant step towards enhancing bilateral trade, investment, and business-to-business relations. The announcement was made by Kha...

The post Azerbaijan to Establish Trade Center in Lahore to Boost Economic Ties appeared first on Pakistan Business News.

Karachi: The exchange rates for several major currencies, including the US dollar, euro, and British pound, displayed slight variations in Pakistan over a one-day period, reflecting ongoing fluctuations in the interbank market. These adjustments are p...

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