P and D Board Chairman and PSDF Chairperson Discuss Key Skill Development Initiatives

Lahore: Chairman of the Planning and Development Board, Barrister Nabeel Ahmad Awan, led a meeting with the Chairperson of the Punjab Skill Development Fund, Ms. Aqueela Mumtaz, to focus on several key projects. The discussion centered around initiati...

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Pakistan and EU to Boost Ties Through Enhanced Trade Dialogue

Islamabad: The European Union and Pakistan have pledged to strengthen their partnership through enhanced trade and economic cooperation, following a meeting between EU Special Representative for Human Rights, Ambassador Olaf Skoog, and Pakistan's Fede...

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VIS Withdraws Ratings for CDC Share Registrar Services Limited

Karachi: VIS Credit Rating Company Limited (VIS) has announced the withdrawal of entity ratings for CDC Share Registrar Services Limited, effective immediately. This decision follows the company's choice to cease its ratings, as indicated in a recent ...

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Systems Limited Projected to See Significant Profit Growth in 4QCY24

Karachi: Systems Limited is expected to report a notable increase in net profit after tax (NPAT) for the fourth quarter of the calendar year 2024, reaching PkR2.4 billion, compared to PkR1.5 billion in the same period last year. This growth is driven ...

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VIS Reaffirms Ratings for Multiline Securities Limited

Karachi: VIS Credit Rating Company Ltd. has reaffirmed the entity ratings of Multiline Securities Limited at 'A-/A2', maintaining a stable outlook. This decision reflects the company's good credit quality and sound short-term liquidity factors, amidst...

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State Bank of Pakistan Cuts Policy Rate to 12% Amid Economic Recovery

Karachi: The State Bank of Pakistan (SBP) announced a reduction in its Policy Rate by 100 basis points to 12%, marking the sixth consecutive rate cut in a sustained monetary easing effort. The decision is primarily driven by declining inflation and ai...

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