General Business News

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VIS Reaffirms Entity Rating of Shahtaj Textile Limited.

Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Shahtaj Textile Limited at 'A-/A2' (Single A Minus/A Two). The long-term entity rating of 'A-' signifies good credit quality with adequate protection factors, though...

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VIS Assigns Initial Ratings to Noventa Pharma (Private) Limited.

Karachi: VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings of 'A/A2' (Single A/A Two) to Noventa Pharma (Private) Limited ('NPL' or the 'Company'). Medium to long term rating of 'A' indicates good credit quality; protection f...

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Pak-Qatar Asset Management Company Declares PKR 1.9730 Per Unit Dividend for Monthly Income Plan.

Karachi: Pak-Qatar Asset Management Company Limited (PQAMC) is a renowned Islamic Asset Management Company in Pakistan, part of the Pak-Qatar Group, which is the country's pioneer in Islamic financial services. PQAMC has announced a monthly dividend f...

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Pak’s Debt-to-GDP Ratio Hits 65.7%, Lowest Level Since 2018.

Karachi: Pakistan's debt-to-GDP ratio declined to 65.7% in September, signaling a reversal in the upward trajectory observed during the last fiscal year, This change represents the lowest level since June 2018, with the domestic debt-to-GDP ratio at 4...

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Pakistan’s Textile Industry to Participate in Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) 2025.

Karachi: The three-day Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) is set to commence on February 26, 2025, at the Saigon Expo and Convention Center (SECC) in Ho Chi Minh City, Vietnam. The Trade Development...

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Spotify’s Third Quarter 2024 Earnings Show Significant Growth.

Stockholm: Spotify has reported its third quarter 2024 earnings, demonstrating significant growth across several key performance metrics. The company has made strides towards achieving a full year of profitability, marking a milestone in its financial...

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