Business News

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PACRA Upgrades JS Investments Limited’s Asset Manager Rating Amid Strong Performance and Technological Advancements

Karachi: PACRA has upgraded the asset manager rating of JS Investments Limited from AM2+ to AM2++, reflecting the company's experienced team, governance framework, and disciplined investment process. According to The Pakistan Credit Rating Agency Limi...

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Tandlianwala Sugar Mills Limited Maintains Strong Ratings Amid Industry Challenges

Karachi: Tandlianwala Sugar Mills Limited (TSML) has retained its strong credit ratings, with long-term ratings maintained at 'A' and short-term ratings at 'A1', both with a stable outlook, as affirmed by The Pakistan Credit Rating Agency Limited (PAC...

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Uzbekistan Ambassador Invites Lahore Chamber to Explore Trade Opportunities

Lahore: The Ambassador of Uzbekistan, Alisher Tukhtaev, has extended an invitation to the Executive Committee of the Lahore Chamber of Commerce and Industry (LCCI) to visit Uzbekistan. This invitation coincides with the launch of the first direct flig...

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Mobilink Bank Awarded ‘Best Microfinance Bank’ at Pakistan Banking Awards 2024

Islamabad: Pakistan's Mobilink Bank has been recognized as the 'Best Microfinance Bank' at the Pakistan Banking Awards 2024. The accolade highlights the bank's significant contributions to financial inclusion and digital empowerment in the country, sh...

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Currency Exchange Rates Witness Minor Fluctuations in Pakistan

Karachi: Currency exchange rates in Pakistan experienced slight variations as of November 30, 2024, with minor adjustments observed in the buying and selling prices of major currencies including the US Dollar, Euro, and British Pound.

According to E...

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Lahore Chamber Praises Ministry for Releasing Industrial Chemicals

Lahore: The Lahore Chamber of Commerce & Industry (LCCI) has commended the Ministry of Energy's Petroleum Division for agreeing to their request to release imported industrial chemicals and petrochemicals held at Karachi ports. The release resolves a ...

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Petroleum Division Releases Stalled Chemicals After LCCI Advocacy

Lahore: The Lahore Chamber of Commerce & Industry has commended the Ministry of Energy's Petroleum Division for addressing its long-standing request to release imported industrial chemicals and petrochemicals previously held at Karachi ports. This...

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