Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Gohar Textile Mills (Pvt.) Limited at 'A+/A1', indicating a stable outlook for the textile manufacturer despite ongoing economic challenges. The ratings reflect the compan...
Read More »Death Anniversary of Amjad Bobby Observed
Lahore: The 20th death anniversary of renowned music composer of Pakistan film industry Amjad Bobby was observed on Tuesday. Amjad Bobby was known for his contributions to numerous blockbuster films, leaving a lasting impact on the industry. Accordin...
Read More »PM Announces New Measures to Support Overseas Pakistanis
Islamabad: Prime Minister Shehbaz Sharif has announced multiple measures for the facilitation of the overseas Pakistanis, including the revival of the Green Channel. According to Radio Pakistan, addressing the Overseas Pakistanis Convention in Islam...
Read More »Arshad Textile Mills Maintains Ratings Amid Market Challenges
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Arshad Textile Mills Limited at 'BBB-/A2', indicating adequate credit quality and a good likelihood of timely short-term repayment. The stable outlook reflects the company...
Read More »Ahmed Oriental Textile Mills’ Ratings Affirmed Amid Economic Challenges
Karachi: VIS Credit Rating Company Limited has maintained the entity ratings of Ahmed Oriental Textile Mills Limited at 'A-/A2', indicating good credit quality with adequate protection factors. The outlook on these ratings has been revised to "Stable"...
Read More »State Bank of Pakistan Releases Exchange Rates for Major Currencies
Karachi: The State Bank of Pakistan has made public the weighted average customer exchange rates for several major foreign currencies. The latest figures, dated April 15, 2025, show the buying and selling rates for ten currencies, reflecting the fluct...
Read More »FPCCI Calls for Abolition of Tea Tax and MRP Regulations
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to abolish the current maximum retail price (MRP) and tax exemptions on tea imports, arguing that the existing policies are detrimental to the indus...
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