FLASHNEWS:

Day: May 14, 2024

TDAP to Showcase Pakistani Textiles at Texworld Exhibition in USA

Karachi, The Trade Development Authority of Pakistan (TDAP) is set to participate in the “Home Textile Sourcing and Apparel Sourcing Tax World” exhibition in the United States, scheduled for July 16 to 18, 2024. The event will take place at the Javits …

VIS Halts Ratings for Pakistan Tiles After Contract Non-Renewal

Karachi, VIS Credit Rating Company Limited (VIS) has announced the withdrawal of its entity ratings for Pakistan Tiles (Pvt) Limited, effective immediately. This decision comes as a result of the non-renewal of the rating contract by Pakistan Tiles.Acc…

VIS Annuls Rating of Artistic Apparels Due to Contract Non-Renewal

Karachi, In a recent move, VIS Credit Ratings Company Limited (VIS) has withdrawn the entity rating of Artistic Apparels (Private) Limited (AAPL), initially rated at ‘BBB+/A-2’. The withdrawal, effective immediately, was prompted by the non-renewal of …

VIS Assigns Initial Ratings to Thatta Cement with Stable Outlook

Karachi, VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings to Thatta Cement Company Limited (TCCL) at ‘A-/A-2’, indicating good credit quality and a stable financial outlook. The ratings reflect the company’s robust fundamenta…