Karachi: The Exchange Companies Association of Pakistan released exchange rate figures on April 9, 2025, showing minor fluctuations in currency values against the Pakistani Rupee across various foreign currencies.
The US Dollar was recorded with a b…
KARACHI: The Consul General of Italy in Karachi, Fabrizio Bielli, has called for a significant increase in trade between Italy and Pakistan, proposing to double the current trade volume to $3 billion in the upcoming years. During a visit to the Karach…
Karachi: Bank Alfalah, a prominent commercial bank in Pakistan, has announced a strategic collaboration with Swift to implement Payment Pre-validation, a solution aimed at enhancing the speed, accuracy, and security of cross-border transactions. This …
Karachi: The State Bank of Pakistan released updated exchange rates for mark-to-market revaluation by authorized dealers in foreign exchange, highlighting fluctuations across major currencies. The data reveals varied adjustments in the dollar, euro, p…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Etihad Sugar Mills Limited, maintaining its status at ‘A/A2’, reflecting good credit quality and highlighting the company’s ability to meet short-term obligations. The out…
Karachi: Lucky Investments Limited has made history by executing Pakistan’s largest-ever mutual fund launch, raising over PKR 50 billion during the Initial Public Offering of its Lucky Islamic Money Market Fund. This unprecedented achievement surpasse…
Karachi: VIS Credit Rating Company Limited has announced the commencement of a review process for Transfopower Industries (Private) Limited. This review indicates that VIS is undertaking a comprehensive evaluation and will release a rating action once…
Karachi: VIS Credit Rating Company Limited has commenced an evaluation of Agriauto Stamping (Private) Limited, according to a recent press release. The review process signifies that the company is undergoing a rating assessment, and VIS will declare a…
Karachi: VIS Credit Rating Company Limited has begun a comprehensive review of The Crescent Textile Mills Limited, according to a press release issued on April 9, 2025. The review process, which is currently underway, will result in a new rating annou…
Karachi:Sindh Chief Minister Syed Murad Ali Shah has mandated swift action to enhance the water supply systems in Karachi and Hyderabad. This directive comes as preparations are underway for an impending closure of canals and the Kotri Barrage, with t…
