Business

This category covers all news related Business & Finance

VIS Reaffirms Entity Ratings of Swat Expressway Planning Construction and Operation (Pvt.) Limited

Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Swat Expressway Planning Construction and Operation (Private) Limited, known as SEPCO, at 'A-/A2'. The long-term rating of 'A-' signifies good credit quality with ad...

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Careem and PSO Collaborate to Offer Discounts to Ride-Hailing Captains

Islamabad: Careem, the ride-hailing service, has partnered with Pakistan State Oil (PSO) to extend discounts on automotive products and services to its Captains, or drivers. This initiative is designed to lower operational costs for Captains while pro...

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DRAP, BOI, MOFA to be Integrated with Pakistan Single Window

KARACHI: In a move aimed at streamlining cross-border trade, the Drug Regulatory Authority of Pakistan (DRAP), Board of Investment (BOI), and Ministry of Foreign Affairs (MOFA), along with private sector service providers, are set to be integrated wit...

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Currency Exchange Rates Experience Fluctuations in Pakistan

Karachi: Recent data released by the Exchange Companies Association of Pakistan indicates fluctuations in currency exchange rates over a two-day period. The data shows changes in the buying and selling rates for major currencies, including the US Doll...

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PACRA Revises Outlook for Mughal Energy Limited Amid Financing and Operational Developments

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has updated its entity ratings for Mughal Energy Limited (MEL), maintaining the long-term rating at 'A' and the short-term rating at 'A2', while revising the outlook from 'Stable' to 'Developin...

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PACRA Reaffirms Stability Rating for Pak Qatar Khalis Bachat Plan

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Pak Qatar Khalis Bachat Plan under the Pak Qatar Islamic Income Fund. The long-term rating remains at A(f), with a stable outlook.

According to Pak...

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PACRA Maintains AAA Rating for WAPDA Dasu TFC-D, Citing Strategic Importance and Government Support

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has upheld the AAA rating for the WAPDA Dasu TFC-D, a debt instrument, underscoring the strategic significance of the Pakistan Water and Power Development Authority (WAPDA) as the country's pri...

The post PACRA Maintains AAA Rating for WAPDA Dasu TFC-D, Citing Strategic Importance and Government Support appeared first on Pakistan Business News.

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