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K-Electric’s Ratings Reaffirmed by VIS Credit Rating Company

Karachi: The VIS Credit Rating Company Limited has reaffirmed the entity ratings of K-Electric Limited at AA/A1+, signifying a stable outlook and high credit quality. The reaffirmation reflects strong protection factors and a modest risk that may vary...

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Ali Embroidery Mills Retains Stable Ratings Amid Industry Challenges

Lahore: Ali Embroidery Mills (Private) Limited has maintained its entity ratings, according to recent assessments by the Pakistan Credit Rating Agency Limited (PACRA). The agency has affirmed the company's long-term rating at BBB and short-term rating...

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Jazz Partners with DeafTawk to Enhance Communication for Deaf Community

KARACHI: Jazz has signed a Memorandum of Understanding (MoU) with DeafTawk, a leader in accessible communication solutions, to boost inclusivity and accessibility for the deaf community.

According to a statement by Jazz Pakistan, the collaboration s...

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Fertilizer Profits and Payouts Expected to Spike in Fourth Quarter

Karachi: A significant increase in profitability and payouts is projected for Pakistan's fertilizer sector in the fourth quarter of calendar year 2024, driven primarily by higher offtakes.

According to a statement by AKD Securities Limited, the AKD...

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Currency Exchange Rates Show Minor Fluctuations in Pakistan

Karachi: The currency exchange rates reflected minor fluctuations between January 22 and January 23, 2025, as per the recent data. The changes were observed across major currencies including the US Dollar, Euro, British Pound, Japanese Yen, United Ara...

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Pakistan’s Large-Scale Manufacturing Sees Continued Decline

Karachi: Large Scale Manufacturing (LSM) in Pakistan has recorded a year-on-year decline of 3.8% in November 2024, marking the fourth instance of negative growth in the past six months. This downturn has contributed to a cumulative negative growth of ...

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VIS Assigns ‘BFR3’ Rating to Pearl Securities Limited

Karachi: VIS Credit Rating Company Ltd. has assigned an initial Broker Fiduciary Rating of 'BFR3' to Pearl Securities Limited, marking the brokerage firm as maintaining good fiduciary standards with a stable outlook.

According to a statement by VIS ...

The post VIS Assigns ‘BFR3’ Rating to Pearl Securities Limited appeared first on Pakistan Business News.

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