Business

Karachi: VIS Credit Rating Company Limited (VIS) has assigned an 'A1+' short-term rating to the Pakistan Telecommunication Company Limited's (PTCL) Short Term Sukuk VII (STS-VII). This rating signifies the highest level of certainty regarding timely p...

The post VIS Assigns Top Rating to PTCL’s Seventh Sukuk Offering appeared first on Pakistan Business News.

Karachi: The Consumer Price Index (CPI) is projected to decrease significantly in November 2024, reaching its lowest level in six years, as inflation continues its downward trend. The CPI is expected to drop to 4.7%, the lowest since April 2018, suppo...

The post Consumer Price Index Hits Six-Year Low as Inflation Trends Downward appeared first on Pakistan Business News.

Karachi: Currency exchange rates in Pakistan have shown slight fluctuations, with minor changes in buying and selling rates for major foreign currencies. The adjustments reflect ongoing shifts in the global foreign exchange market.

According to Exch...

The post Currency Exchange Rates Show Marginal Fluctuations appeared first on Pakistan Business News.

Lahore: Nishat Chunian Limited (NCL) announced a significant improvement in its financial performance for the fiscal year 2024, with an increase in revenue and a return to profitability, during a corporate briefing session. The company reported a reve...

The post Nishat Chunian Limited Reports Strong Financial Turnaround Amid Expanding Market Strategy appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Next Capital Limited at 'A-/A2'. The ratings indicate good credit quality with adequate protection factors, although risk factors may vary with economic changes. The...

The post VIS Reaffirms Ratings for Next Capital Limited Amid Profitability Challenges appeared first on Pakistan Business News.

Karachi: Bolan Mining Enterprise (BME), a collaborative venture between Pakistan Petroleum Limited (PPL) and the Government of Balochistan, demonstrated its significance in the mining industry by hosting a stall at the 12th International Defence Exhib...

The post PPL Management Visits BME Stall at IDEAS 2024, Showcasing Mining Achievements appeared first on Pakistan Business News.

Karachi: The recent visit of Belarusian President Aleksandr Lukashenko to Pakistan is anticipated to pave the way for increased trade, joint ventures, and investments between the two nations. This was articulated by key members of the United Business ...

The post Pakistan and Belarus Seek to Enhance Economic Partnership appeared first on Pakistan Business News.