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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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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 ...

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PCJCCI and GREF Discuss Strategies to Boost Regional Economic Ties

Lahore: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) held a significant meeting with the Golden Ring Economic Forum (GREF), focusing on strategies to enhance regional economic collaboration. The discussion centered on innovative ...

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PACRA Affirms Ratings for Loads Limited Amidst Economic Challenges

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its entity ratings for Loads Limited, a notable manufacturer in Pakistan's automotive sector. The company's long-term rating remains at 'A' and short-term rating at 'A1,' with a...

The post PACRA Affirms Ratings for Loads Limited Amidst Economic Challenges appeared first on Pakistan Business News.

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Currency Exchange Rates Show Marginal Fluctuations in Pakistan

Karachi: Currency exchange rates in Pakistan experienced slight fluctuations over two consecutive days, with minor changes recorded in the buying and selling rates of major currencies.

According to a statement by Exchange Companies Association of Pa...

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