January 2, 2025
Business, General Business News
Karachi: VIS Credit Rating Company Ltd. (VIS) has announced the withdrawal of the Broker Management Rating (BMR2+) previously assigned to Intermarket Securities Limited (IMS). This decision follows the merger of IMS with EFG Hermes Pakistan Limited, l...
The post VIS Withdraws Broker Management Rating Following Intermarket Securities Merger appeared first on Pakistan Business News.
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January 2, 2025
Business, General Business News
Islamabad: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the debt instrument rating of Askari Bank Limited's Tier-II Term Finance Certificates (TFC-VII) at AA with a stable outlook. This decision reflects the bank's robust ownership...
The post PACRA Reaffirms Askari Bank’s Tier-II TFC Rating at AA appeared first on Pakistan Business News.
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January 2, 2025
Business, General Business News
Karachi: The Government of Pakistan has appointed the Pakistan Stock Exchange (PSX), the National Clearing Company of Pakistan Limited (NCCPL), and the Central Depository Company (CDC) to facilitate the issuance of the 17th GOP Ijarah Sukuk (GIS) thro...
The post Pakistan to Conduct 17th GIS Auction Through PSX appeared first on Pakistan Business News.
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January 1, 2025
Business, General Business News
Karachi: Pakistan's trade relations with the United States have reached a significant milestone, with the bilateral trade volume crossing the $7 billion mark in 2023. This upward trajectory is continuing into 2024, with trade figures already surpassin...
The post Pakistani Exports to U.S. Could Double as Bilateral Trade Surpasses $7 Billion appeared first on Pakistan Business News.
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January 1, 2025
Business, General Business News
Lahore: The Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) has called for the establishment of a "Digital Silk Road" to maximize the benefits of the economic corridor that China plans to construct in the Asia-Pacific region. Nazir Huss...
The post PCJCCI Proposes “Digital Silk Road” to Strengthen Economic Ties appeared first on Pakistan Business News.
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January 1, 2025
Business, General Business News
Lahore: An 11-member delegation from China's Xingjian province visited Pakistan following an invitation from the Pakistan China Joint Chamber of Commerce and Industry (PCJCCI). The delegation, led by the Mayor of Yecheang and Wang Xiangbing, Chairman ...
The post Chinese Delegation Explores Renewable Energy and Construction Opportunities in Pakistan appeared first on Pakistan Business News.
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January 1, 2025
Business, General Business News
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and the Balochistan Board of Investment & Trade (BBoIT) have announced plans to jointly organize the Balochistan Summit 2025. Scheduled for January 27-28 in Isla...
The post Balochistan Summit 2025 to Promote Investment and Industrialization appeared first on Pakistan Business News.
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