AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service

Karachi: VIS Credit Rating Company Limited has announced the commencement of a review process for Transfopower Industries (Private) Limited. This review indicates that VIS is undertaking a comprehensive evaluation and will release a rating action once...

Karachi: Lucky Investments Limited has made history by executing Pakistan's largest-ever mutual fund launch, raising over PKR 50 billion during the Initial Public Offering of its Lucky Islamic Money Market Fund. This unprecedented achievement surpasse...

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Etihad Sugar Mills Limited, maintaining its status at 'A/A2', reflecting good credit quality and highlighting the company's ability to meet short-term obligations. The out...

Karachi: The State Bank of Pakistan released updated exchange rates for mark-to-market revaluation by authorized dealers in foreign exchange, highlighting fluctuations across major currencies. The data reveals varied adjustments in the dollar, euro, p...

Karachi: Bank Alfalah, a prominent commercial bank in Pakistan, has announced a strategic collaboration with Swift to implement Payment Pre-validation, a solution aimed at enhancing the speed, accuracy, and security of cross-border transactions. This ...

KARACHI: The Consul General of Italy in Karachi, Fabrizio Bielli, has called for a significant increase in trade between Italy and Pakistan, proposing to double the current trade volume to $3 billion in the upcoming years. During a visit to the Karach...

Karachi: The Exchange Companies Association of Pakistan released exchange rate figures on April 9, 2025, showing minor fluctuations in currency values against the Pakistani Rupee across various foreign currencies. The US Dollar was recorded with a b...