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...
Read More »Gold Prices Inch Upward in Pakistan Amid Global Stability
Karachi: Gold prices in Pakistan have witnessed a marginal increase, reflecting the trends observed in international markets. According to the All-Pakistan Sarafa Gems and Jewellers Association, the price of gold per tola, a traditional South Asian me...
Read More »VIS Upgrades FFBL Power Company Limited’s Rating Amid Strong Financial Performance
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...
Read More »VIS Upgrades FFBL Power Company Limited’s Rating Amid Strong Financial Performance
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...
Read More »VIS Upgrades FFBL Power Company Limited’s Rating Amid Strong Financial Performance
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...
Read More »Masood Spinning Mills Receives Preliminary A- Rating from PACRA
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...
Read More »Exchange Rates for Mark to Market Revaluation Published by State Bank
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...
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