Business

Karachi: The Exchange Companies Association of Pakistan reported minor fluctuations in currency exchange rates for the second consecutive day. The rates for the U.S. dollar, euro, British pound, Japanese yen, UAE dirham, and Saudi riyal showed slight ...

The post Currency Exchange Rates See Marginal Changes Across Major Currencies appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has reaffirmed its entity ratings for Oil Industries Pakistan Limited (OIPL) at 'A-/A2', maintaining a 'Stable' outlook. The affirmation reflects OIPL's good credit quality and adequate protection factors for...

The post VIS Reaffirms Ratings for Oil Industries Pakistan Limited appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has reaffirmed its entity ratings for Oil Industries Pakistan Limited (OIPL) at 'A-/A2', maintaining a 'Stable' outlook. The affirmation reflects OIPL's good credit quality and adequate protection factors for...

The post VIS Reaffirms Ratings for Oil Industries Pakistan Limited appeared first on Pakistan Business News.

Karachi: In a recent development, VIS Credit Rating Company Limited has upgraded the entity ratings of Fast Cables Limited to 'A/A2' from A-/A2. This upgrade reflects the company's strong financial performance and strategic market positioning. The out...

The post Fast Cables Limited Receives Upgraded Credit Ratings Amid Strategic Growth and Market Challenges appeared first on Pakistan Business News.

KARACHI: Swedish companies operating in Pakistan are facing significant challenges due to high tax rates, energy prices, and difficulties in transferring foreign currencies, Ms. Alexandra Berg von Linde. In a meeting with the Karachi Chamber of Commer...

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Karachi: Meezan Bank, in partnership with BenchMatrix, has implemented the RiskNucleus® GRC Platform to bolster its Enterprise Technology Governance & Risk Management Framework (ETGRM). This initiative aims to strengthen compliance with the State ...

The post Meezan Bank Launches Advanced Governance and Risk Management Platform appeared first on Pakistan Business News.

Lahore: Maple Leaf Cement Factory (MLCF) recently shared insights from its corporate briefing, highlighting a notable 20% increase in consolidated earnings for fiscal year 2024, amounting to Rs6,891 million. However, the company experienced a 17% year...

The post Maple Leaf Cement Reports Mixed Financial Results and Strategic Initiatives appeared first on Pakistan Business News.