General Business News

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Atlas Honda Unveils New CG125 in Striking Blue for 2025

Karachi: Atlas Honda has announced the launch of its new CG125 motorcycle in an eye-catching blue color, marking a fresh chapter in the brand's legacy. The launch aims to cater to riders seeking a blend of style and performance as they embark on new a...

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Currency Rates Update Shows Slight Variations in Major Currencies

Karachi: Currency exchange rates in Pakistan have shown slight variations as the new year begins, reflecting changes in the buying and selling prices of major currencies. The data, released by the Exchange Companies Association of Pakistan, highlights...

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VIS Assigns Top Rating to PTCL’s Short-Term Sukuk IX

Karachi: VIS Credit Rating Company Limited has assigned a preliminary rating of 'A1+ (plim)' to Pakistan Telecommunication Company Limited's (PTCL) proposed PKR 2.5 billion Short-Term Sukuk IX (STS-IX), indicating a strong likelihood of timely repayme...

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VIS Reaffirms Credit Ratings for Faizan Steel Amid Industry Challenges

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings for Faizan Steel at 'BBB+/A2', indicating adequate credit quality and a good likelihood of timely repayment of short-term obligations.

According to VIS Credit Rating Compa...

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VIS Reaffirms Ratings for Asher Imran Spinning Mills Amid Sector Challenges

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Asher Imran Spinning Mills (Pvt.) Limited at 'A-/A2'. These ratings indicate good credit quality and a positive outlook for timely repayment of obligations, with the outlo...

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JazzCash Introduces Buy Now, Pay Later for Fashion and Tech Enthusiasts

Islamabad: JazzCash, a prominent fintech platform in Pakistan, has rolled out a Buy Now, Pay Later (BNPL) service, offering an alternative to traditional credit cards. Initially available for purchases from the electronics retailer Telemart and fashio...

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Dolmen City REIT Adopts New Rental Model Amid Occupancy Success

Karachi: Dolmen City REIT (DCR), Pakistan's largest Real Estate Investment Trust, has transitioned to a new rental model, aiming to boost its financial performance despite facing a slight decline in net income. The company reported an increase in foot...

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