Business

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has upheld the AAA rating for the WAPDA Dasu Sukuk-D, reflecting the strategic importance of The Pakistan Water and Power Development Authority (WAPDA) as the primary entity responsible for adv...

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Karachi: Inflation in November 2024 registered a Consumer Price Index (CPI) of 4.9%, the lowest reading in over six and a half years. This marks a significant drop from the 28.6% average recorded in the first five months of the previous fiscal year, b...

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Lahore: S.M. Tanveer has called for a significant reduction in interest rates in response to a decrease in the Consumer Price Index (CPI) for November 2024. The Patron-in-Chief of the United Business Group (UBG) has urged the government to lower the p...

The post S.M. Tanveer Calls for 500 Basis Points Cut in Interest Rates Following CPI Decline appeared first on Pakistan Business News.

Karachi: Declining inflation rates have prompted the United Business Group (UBG) to advocate for a substantial reduction in policy rates, a move they believe will stimulate economic growth. SM Tanveer, the patron-general of UBG, has urged the governme...

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Lahore: The chemical industry in Pakistan, despite facing significant challenges such as global competition and insufficient government policy support, continues to grow robustly, CEO of Surfachem and Vice President of the Pakistan China Joint Chamber...

The post Pakistan’s Chemical Industry Maintains Growth Despite Challenges appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has announced an upgrade in the entity ratings of Lucky Textile Mills Limited (LTML) to 'AA-/A1+' from 'AA-/A1'. The upgrade reflects the company's enhanced credit quality and its ability to ensure timely rep...

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Karachi: VIS Credit Rating Company Limited has reaffirmed the Rental REIT rating of Dolmen City REIT at 'AAA (rr)' (Triple A Rental REIT), maintaining a stable outlook. This rating reflects the highest capacity to maintain stable rental income with ne...

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