Business News

Karachi: VIS Credit Ratings Company Ltd. (VIS) has reaffirmed the entity ratings of Sindh Modaraba ('SM' or the 'Modaraba') at 'A+/A1' (Single A Plus/A One). The medium to long-term rating of 'A+' signifies good credit quality with adequate protection...

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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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Lahore: The Pakistan Credit Rating Agency Limited has announced that it is maintaining the entity ratings for Glamour Textile Mills Limited, reflecting the company's sustained performance despite significant industry challenges. The ratings for Glamou...

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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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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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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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Karachi: K-Electric's 560 MW Bin Qasim Power Station II (BQPS-II) has garnered international acclaim, securing accolades at the Asian Power Awards 2024 in two distinct categories: Gas Power Project of the Year - Pakistan and Power Plant Upgrade of the...

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