General Business News

Karachi: Meezan Bank Limited has announced a revised schedule of service charges, effective immediately. The update includes changes to various banking services, impacting both retail and corporate customers.

According to Meezan Bank Limited, the ne...

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Karachi: Pakistan Petroleum Limited (PPL) announced a gas and condensate discovery from its exploration well Pateji X-1 in the Shah Bandar Block, located in District Sujawal, Sindh. This marks the fourth consecutive hydrocarbon discovery for the compa...

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Lahore: S.M. Tanveer has called for a significant reduction in interest rates in response to a decrease in the Consumer Price Index (CPI) for November 2024. The Patron-in-Chief of the United Business Group (UBG) has urged the government to lower the p...

The post S.M. Tanveer Calls for 500 Basis Points Cut in Interest Rates Following CPI Decline appeared first on Pakistan Business News.

Karachi: Declining inflation rates have prompted the United Business Group (UBG) to advocate for a substantial reduction in policy rates, a move they believe will stimulate economic growth. SM Tanveer, the patron-general of UBG, has urged the governme...

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Lahore: The chemical industry in Pakistan, despite facing significant challenges such as global competition and insufficient government policy support, continues to grow robustly, CEO of Surfachem and Vice President of the Pakistan China Joint Chamber...

The post Pakistan’s Chemical Industry Maintains Growth Despite Challenges appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has announced an upgrade in the entity ratings of Lucky Textile Mills Limited (LTML) to 'AA-/A1+' from 'AA-/A1'. The upgrade reflects the company's enhanced credit quality and its ability to ensure timely rep...

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Karachi: VIS Credit Rating Company Limited has reaffirmed the Rental REIT rating of Dolmen City REIT at 'AAA (rr)' (Triple A Rental REIT), maintaining a stable outlook. This rating reflects the highest capacity to maintain stable rental income with ne...

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