Business

This category covers all news related Business & Finance

VIS Maintains ‘AA+’ IFS Rating for Chubb Insurance Pakistan with Stable Outlook

Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the Insurer Financial Strength (IFS) rating of Chubb Insurance Pakistan Limited (CIPL) at ‘AA+’, indicating a very strong capacity to meet policyholder and contract obligations with minima...

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JS Bank Expands Presence with New Branch Opening in Hala, Matiari

Karachi, JS Bank, continuing its growth trajectory, has inaugurated a new branch in Hala, Matiari, Sindh, marking a key milestone in its nationwide expansion strategy. The opening of this branch is part of the Bank’s plan to enhance its network and imp...

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LPG Price Hikes Impacting Citizens, Former ICCI President Advocates Tax Relief and Debt Solutions

Islamabad, The ongoing surge in Liquefied Petroleum Gas (LPG) prices is significantly impacting citizens, particularly in Pakistan's northern regions where harsh winters escalate the demand for fuel. This situation has raised concerns about the afforda...

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Pakistan Stock Market Flourishes, Signals Boost in Economic Confidence

Islamabad, The Pakistan stock market is currently outperforming many global counterparts, signaling a surge in business community confidence in the nation's economy. This positive trend follows a series of encouraging developments, including satisfacto...

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UBG Urges Government to Address Industrialists’ Concerns Over Gas Tariff

Karachi, Zubair Tufail, President of the United Business Group (UBG), has called on the government to heed the concerns of industrialists regarding the gas tariff, in an effort to resolve the impending one-day symbolic strike and other protests planned...

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Tandlianwala Sugar Mills Limited Receives Initial Ratings Amid Industry Challenges

Tandlianwala, Tandlianwala Sugar Mills Limited (TSML), a key player in Pakistan's sugar industry, has been assigned initial entity ratings by The Pakistan Credit Rating Agency Limited (PACRA). These ratings reflect the company's market position in the ...

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