KARACHI: The Korangi Association of Trade and Industry (KATI) paid tribute to its former Patron-in-Chief and Founder, SM Munir Bhaijaan, during a ceremony commemorating his anniversary. The event, attended by KATI President Junaid Naqi, Deputy Patron-…
Karachi: The Consumer Price Index (CPI) for November 2024 is projected to drop to 4.7%, marking the lowest point since April 2018. This trend underscores a continuing pattern of disinflation, bolstered by a high base effect. The downward trajectory st…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Pakistan Currency Exchange Company (Private) Limited at ‘A-/A2’, indicating good credit quality and adequate protection factors for medium to long-term obligations. The sh…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Next Capital Limited at ‘A-/A2’. The ratings indicate good credit quality with adequate protection factors, although risk factors may vary with economic changes. The…
Karachi: VIS Credit Rating Company Limited (VIS) has assigned an ‘A1+’ short-term rating to the Pakistan Telecommunication Company Limited’s (PTCL) Short Term Sukuk VII (STS-VII). This rating signifies the highest level of certainty regarding timely p…
Karachi: Bank Makramah Limited (BML) has revealed a transformative restructuring plan that aims to bolster its capital base significantly, with the Board of Directors approving a comprehensive scheme of arrangement.
According to Bank Makramah Limit…