Business

This category covers all news related Business & Finance

VIS Maintains ‘A/A-2’ Rating for Lucky Renewables, Highlighting Stable Credit Quality

Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Lucky Renewables (Pvt) Limited (formerly known as Tricom Wind Power (Pvt) Limited) at ‘A/A-2’, indicating the company's good credit quality and sound liquidity in a c...

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Bank of Azad Jammu and Kashmir Celebrates Historic Profit Achievement

Muzaffarabad, The Bank of Azad Jammu and Kashmir has been celebrating its remarkable achievement of crossing a historic profit of one billion rupees. Celebrations have been marked by cake-cutting ceremonies at various branches, both within the state an...

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VIS Affirms Stable ‘A/A-2’ Rating for Lucky Renewables Amid Economic Shifts

Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Lucky Renewables (Pvt) Limited (formerly Tricom Wind Power (Pvt) Limited) at ‘A/A-2’, reflecting its sustained good credit quality and stable outlook in a dynamic eco...

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Unpopular Government Decisions Restore Confidence in International Institutions, Says Mian Zahid Hussain

Lahore, Mian Zahid Hussain, Chairman of the National Business Group Pakistan and President of the Pakistan Businessmen and Intellectuals Forum, acknowledged that while recent government and central bank decisions have been unpopular and challenging for...

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Pakistan’s December 2023 Inflation Rate Expected to Marginally Slow to 28.6%

Karachi, The Consumer Price Index (CPI) for December 2023 in Pakistan is expected to show a marginal slowdown to 28.6% on a year-over-year basis, recent forecasts. This deceleration trend is anticipated to continue, supported by a decrease in fuel pric...

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Meezan Bank’s 63rd Shariah Board Meeting Focuses on Aligning Economy with Islamic Principles

Karachi, Meezan Bank recently held its 63rd Shariah Board Meeting at Darul Uloom in Karachi, chaired by Justice (Retd.) Muhammad Taqi Usmani. The meeting was attended by key members of the Shariah Board and senior management of the bank, focusing on al...

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UBG Lauded for Its Role in Economic Development and Business Community Support

Karachi, The United Business Group (UBG) has been recognized for its significant capacity to address the issues of the business community and contribute to Pakistan's economic development. The acknowledgment came from the former president of the Korang...

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