General Business News

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Pakistan’s Chemical Industry Maintains Growth Despite Challenges

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...

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Lucky Textile Mills Limited Receives Rating Upgrade from VIS Credit Rating Company

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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Dolmen City REIT Rental Rating Reaffirmed at ‘AAA (rr)’

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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Tea Import Tax Concerns Raised by Karachi Chamber of Commerce

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has urged the government to reconsider the implementation of a Minimum Retail Price (MRP) of Rs1200 per kilogram on black tea imports, citing potential adverse effects on lower-income househ...

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PBIT Unveils Strategic Projects to Bolster Investment in Punjab

Lahore: The Punjab Board of Investment and Trade (PBIT) is prioritizing the introduction of concrete and investment-ready projects to attract investors, the board's chairman. In a recent meeting with the Lahore Chamber of Commerce and Industry, Ashraf...

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Currency Exchange Rates Announced by Exchange Companies Association of Pakistan

Karachi: The Exchange Companies Association of Pakistan has released the latest foreign currency exchange rates, showing fluctuations in several major currencies. The rates are reported for both buying and selling transactions.

According to Exchange...

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