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Karachi, VIS Credit Rating Company Ltd. (VIS) has revised the rating outlook for International Industries Limited (IIL) from 'Rating Watch - Developing' to 'Stable', while maintaining its entity ratings at 'AA-/A-1'. This revision reflects IIL's resili...

The post VIS Revises Outlook for International Industries Limited to Stable, Maintains Ratings appeared first on Pakistan Business News.

Lahore, The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of Glamour Textile Mills Limited (GLMT), reflecting its adequate market share in Pakistan's textile spinning industry. Despite challenges such as raw material a...

The post PACRA Maintains Ratings for Glamour Textile Mills Amid Textile Industry Challenges appeared first on Pakistan Business News.

Islamabad, Mobilink Bank, a prominent digital microfinance bank in Pakistan, marked a significant achievement at the Veon's Ignite Awards in Istanbul, winning in three major categories: 'Double-Digit Growth', 'Financial Services', and 'Diversity and In...

The post Mobilink Bank Triumphs at Veon’s Ignite Awards in Istanbul appeared first on Pakistan Business News.

Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Servo Motor Oil (Private) Limited (SMOPL) at ‘BBB/A-2’, indicating adequate credit quality and good certainty of timely payment with a stable outlook. This rating ref...

The post VIS Reaffirms Servo Motor Oil’s Ratings with Stable Outlook Amid Industry Challenges appeared first on Pakistan Business News.

Lahore, The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of Sapphire Fibres Limited, reflecting the company's strong business profile and its ability to manage volatility in the textile industry. Sapphire Fibres Limit...

The post PACRA Maintains Stable Ratings for Sapphire Fibres Limited Amid Textile Industry Volatility appeared first on Pakistan Business News.

Two soldiers were martyred during an exchange of fire with terrorists in Mir Ali area of North Waziristan.According to ISPR, an exchange of fire took place between Pakistani troops and terrorists, resulting in martyrdom of Sepoy Abdullah and Sepoy Muh...

Caretaker Interior Minister Sarfaraz Ahmed Bugti has clarified that no crackdown is being taken against Afghan refugees and an action is only underway against the illegal aliens in the country.He said this while responding to a motion moved by Senator...