Business News

Karachi: In a recent announcement, VIS Credit Rating Company Limited has reaffirmed the entity ratings of Pak Telecom Mobile Limited at 'AA-/A1', maintaining a stable outlook. The ratings reflect the company's strong credit quality and the likelihood ...

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Karachi: VIS Credit Rating Company Limited has maintained the entity ratings of The Imperial Electric Company Pvt Ltd at A-/A2, reflecting its good credit quality and strong likelihood of timely repayment of short-term obligations. However, the outloo...

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Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of KAM International, affirming a long-term rating of A- and a short-term rating of A2. The outlook for the company remains stable, with no changes to its rati...

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Karachi: Salim Valimuhammad, Chairman of the Pakistan Chemicals and Dyes Merchants Association (PCDMA), has dismissed the State Bank of Pakistan's recent 1% reduction in the interest rate, labeling it as inadequate. He expressed concerns over the cent...

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KARACHI: Despite Prime Minister Shahbaz Sharif's assurances, the failure to implement a significant reduction in the interest rate is a matter of concern, says Ahmed Azeem Alvi. He added that high-interest loans are hindering economic recovery and dis...

The post SAI Chief Criticizes Minimal Cut in Interest Rates appeared first on Pakistan Business News.

Islamabad: Pakistan Oilfields Ltd (POL) has announced its financial results for the second quarter of fiscal year 2025, reporting a profit after tax of PkR7.6 billion, a 4% decrease compared to the same period last year. Despite the decline, the compa...

The post Pakistan Oilfields Records Decline in Earnings but Declares Robust Dividend appeared first on Pakistan Business News.

Karachi: President of the Korangi Association of Trade and Industry (KATI) Junaid Naqi expressed disappointment over the State Bank of Pakistan's decision to set the policy rate at .... % in its latest monetary policy announcement. He stated that the ...

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