Business

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Pak Qatar Daily Dividend Plan, a constituent of the Pak Qatar Islamic Cash Fund, at AA(f) with a stable outlook. This rating reflects the fund's low-...

The post PACRA Maintains Stability Rating for Pak Qatar Daily Dividend Plan appeared first on Pakistan Business News.

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...

The post November 2024 CPI Reaches 4.9%, Lowest in Over Six Years appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Sohail Textile Mills Limited at 'BBB-/A2'.

According to VIS Credit Rating Company Limited, the medium to long-term rating of 'BBB-' indicates adequate credit quality wi...

The post Sohail Textile Mills Limited Ratings Reaffirmed by VIS appeared first on Pakistan Business News.

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has urged the government to reconsider the implementation of a Minimum Retail Price (MRP) of Rs1200 per kilogram on black tea imports, citing potential adverse effects on lower-income househ...

The post Tea Import Tax Concerns Raised by Karachi Chamber of Commerce appeared first on Pakistan Business News.

Lahore: The Punjab Board of Investment and Trade (PBIT) is prioritizing the introduction of concrete and investment-ready projects to attract investors, the board's chairman. In a recent meeting with the Lahore Chamber of Commerce and Industry, Ashraf...

The post PBIT Unveils Strategic Projects to Bolster Investment in Punjab appeared first on Pakistan Business News.

Karachi: The Exchange Companies Association of Pakistan has released the latest foreign currency exchange rates, showing fluctuations in several major currencies. The rates are reported for both buying and selling transactions.

According to Exchange...

The post Currency Exchange Rates Announced by Exchange Companies Association of Pakistan appeared first on Pakistan Business News.

Karachi: Bank Alfalah has been recognized once again at the Pakistan Banking Awards 2024, securing the 'Digital Excellence' award for the third consecutive year and the 'Best Bank for Customer Engagement' award for the sixth time.

According to Bank...

The post Bank Alfalah Triumphs with Dual Recognition at Pakistan Banking Awards 2024 appeared first on Pakistan Business News.