Business

This category covers all news related Business & Finance

S.M. Tanveer Calls for 500 Basis Points Cut in Interest Rates Following CPI Decline

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...

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UBG Calls for 500 Basis Points Cut in Policy Rate Amid Declining Inflation

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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Pakistan’s Chemical Industry Maintains Growth Despite Challenges

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...

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Lucky Textile Mills Limited Receives Rating Upgrade from VIS Credit Rating Company

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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PACRA Upgrades JS Investments Limited’s Asset Manager Rating Amid Strong Performance and Technological Advancements

Karachi: PACRA has upgraded the asset manager rating of JS Investments Limited from AM2+ to AM2++, reflecting the company's experienced team, governance framework, and disciplined investment process. According to The Pakistan Credit Rating Agency Limi...

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Tandlianwala Sugar Mills Limited Maintains Strong Ratings Amid Industry Challenges

Karachi: Tandlianwala Sugar Mills Limited (TSML) has retained its strong credit ratings, with long-term ratings maintained at 'A' and short-term ratings at 'A1', both with a stable outlook, as affirmed by The Pakistan Credit Rating Agency Limited (PAC...

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Uzbekistan Ambassador Invites Lahore Chamber to Explore Trade Opportunities

Lahore: The Ambassador of Uzbekistan, Alisher Tukhtaev, has extended an invitation to the Executive Committee of the Lahore Chamber of Commerce and Industry (LCCI) to visit Uzbekistan. This invitation coincides with the launch of the first direct flig...

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