May 30, 2024
Business, General Business News
Karachi, In a move effective immediately, VIS Credit Rating Company Ltd. (VIS) has withdrawn the Broker Management Rating previously assigned to Alpha Capital Private Limited. This decision comes directly from the management's choice to discontinue th...
The post VIS Ends Broker Management Rating for Alpha Capital appeared first on Pakistan Business News.
Read More »
May 30, 2024
Business, General Business News
Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Khushhali Microfinance Bank Limited (KMBL) at 'A-/A-2', indicating good credit quality and sound company fundamentals but with a continued 'Rating Watch – Negative'....
The post VIS Maintains Ratings of Khushhali Microfinance Bank, Notes Challenges and Recovery Efforts appeared first on Pakistan Business News.
Read More »
May 30, 2024
Business, General Business News
Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed its rating for the Basel 3 Compliant Tier-II debt instrument of Khushhali Microfinance Bank Limited (KMBL) at 'B' (Single B), indicating ongoing challenges with payment schedules and a pe...
The post Karachi Rating Agency Maintains Negative Outlook on Khushhali Microfinance Bank’s Debt Instrument appeared first on Pakistan Business News.
Read More »
May 30, 2024
Business, General Business News
Islamabad, The Asian Development Bank (ADB) is set to inject USD 180 million into a project that will enhance forest areas, drainage systems, and road infrastructure in Sindh, Pakistan. The investment aims to bolster environmental protection, job crea...
The post ADB Allocates $180 Million for Infrastructure Development in Sindh’s Coastal Areas appeared first on Pakistan Business News.
Read More »
May 29, 2024
Business, General Business News
Karachi, The President of the Korangi Association of Trade and Industry (KATI), Johar Kandhari, has voiced serious concerns regarding the International Monetary Fund's forecast that Pakistan's trade deficit may surge past 27 billion dollars in the upco...
The post KATI President Calls for Urgent Economic Reforms to Counter IMF’s Gloomy Trade Deficit Forecast appeared first on Pakistan Business News.
Read More »
May 29, 2024
Business, General Business News
Karachi, In a move to diversify trade links, the Consul General of the Sultanate of Oman, Eng. Sami Abdullah Al Khanjari, has emphasized the potential for Pakistan to increase its export of agricultural products to Oman.According to Karachi Chamber of ...
The post Omani Envoy Urges Expansion of Pakistani Agricultural Exports to Oman appeared first on Pakistan Business News.
Read More »
May 27, 2024
Business, General Business News
Karachi, In a critical appeal to the Pakistani government, the United Business Group (UBG) has requested the implementation of a relief package aimed at supporting the struggling cottage industry and Small and Medium Enterprises (SMEs) throughout the c...
The post UBG Calls for Government Intervention to Support Pakistan’s Cottage and SME Sectors appeared first on Pakistan Business News.
Read More »