Business News

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...

The post UBG Calls for 500 Basis Points Cut in Policy Rate Amid Declining Inflation appeared first on Pakistan Business News.

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...

The post Dolmen City REIT Rental Rating Reaffirmed at ‘AAA (rr)’ appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Sohail Textile Mills Limited at 'BBB-/A2'.

According to VIS Credit Rating Company Limited, the medium to long-term rating of 'BBB-' indicates adequate credit quality wi...

The post Sohail Textile Mills Limited Ratings Reaffirmed by VIS appeared first on Pakistan Business News.

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...

The post Tea Import Tax Concerns Raised by Karachi Chamber of Commerce appeared first on Pakistan Business News.