Business

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the asset manager rating of First Capital Investments Limited at AM4++ with a stable outlook. This decision underscores the company's modest market presence and a limited fund po...

Lahore: The Lahore Chamber of Commerce and Industry (LCCI) has praised Prime Minister Shahbaz Sharif for his decision to reduce electricity prices, viewing it as a significant move toward economic revival and providing relief to consumers. The reducti...

Karachi: VIS Credit Rating Company Limited has elevated the entity rating of FFBL Power Company Limited from 'AA-/A1' to 'AA/A1.' The revised rating indicates high credit quality and strong protection factors, with a stable outlook. The upgrade reflec...

Karachi: VIS Credit Rating Company Limited has elevated the entity rating of FFBL Power Company Limited from 'AA-/A1' to 'AA/A1.' The revised rating indicates high credit quality and strong protection factors, with a stable outlook. The upgrade reflec...

Karachi: VIS Credit Rating Company Limited has elevated the entity rating of FFBL Power Company Limited from 'AA-/A1' to 'AA/A1.' The revised rating indicates high credit quality and strong protection factors, with a stable outlook. The upgrade reflec...

Lahore: In a recent development, Masood Spinning Mills Limited (MSML) has been assigned a preliminary A- rating by The Pakistan Credit Rating Agency Limited (PACRA) for its debt instrument, which is valued at PKR 3.0 billion. The rating reflects the c...

Karachi: Authorized dealers in foreign exchange received updated exchange rates for mark to market revaluation from the State Bank of Pakistan. The latest data reflects the currency values against the Pakistani Rupee, effective immediately. The US D...