Business

Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the Insurer Financial Strength (IFS) rating of UBL Insurers Limited (UIL) at 'AA+' (Double A Plus). The AA+ rating signifies a very strong capacity of UIL to meet policyholder and contract...

The post UBL Insurers Limited Retains ‘AA+’ IFS Rating by VIS with Stable Outlook appeared first on Pakistan Business News.

Islamabad, Dr. Shahid Rasheed Butt, former President of the Islamabad Chamber of Commerce and Industry (ICCI), expressed serious concerns over the continued decrease in remittances, a key source of foreign exchange earnings for Pakistan.According to Is...

The post Decline in Remittances and Economic Challenges in Pakistan Highlighted by Former ICCI President appeared first on Pakistan Business News.

Karachi, TPL Trakker, a leader in Pakistan’s vehicle tracking and IoT sector, has announced a strategic partnership with telecommunications giant Jazz. This collaboration aims to transform the country's tracking technology landscape by integrating sate...

The post TPL Trakker and Jazz Forge Partnership to Enhance Tracking Technology in Pakistan appeared first on Pakistan Business News.

Karachi, In response to the recent news surrounding the sale of Telenor Pakistan, Telenor Microfinance Bank (TMB) and its flagship platform, easypaisa, have reassured their customers that their operations and services remain stable and unaffected. The ...

The post Telenor Microfinance Bank and easypaisa Assure Stability Amidst Telenor Pakistan Sale appeared first on Pakistan Business News.

Karachi, VIS Credit Rating Company Limited has assigned a preliminary rating of 'A-1+' to the proposed Rs. 5.0b Short-Term Sukuk (STS) of Pakistan Telecommunication Company Limited (PTCL). This rating, which indicates the highest certainty of timely pa...

The post VIS Assigns Top Rating to PTCL’s Short-Term Sukuk appeared first on Pakistan Business News.

Karachi, VIS Credit Rating Company Limited (VIS) announced the withdrawal of the entity ratings previously assigned to Mehran Spice and Food Industries (MSFI). This action, effective immediately, is attributed to the non-renewal of the rating contract ...

The post VIS Withdraws Ratings for Mehran Spice and Food Industries appeared first on Pakistan Business News.

Karachi, In a recent financial development, steel rates in Pakistan have seen a significant drop, offering relief to the construction industry. This change, reported on December 15, contrasts sharply with the pricing trends in the cement sector.Accordi...

The post Strengthened PKR Value Triggers Major Decline in Steel Rates appeared first on Pakistan Business News.