FLASHNEWS:

Day: December 2, 2024

Dolmen City REIT Rental Rating Reaffirmed at ‘AAA (rr)’

Karachi: VIS Credit Rating Company Limited has reaffirmed the Rental REIT rating of Dolmen City REIT at ‘AAA (rr)’ (Triple A Rental REIT), maintaining a stable outlook. This rating reflects the highest capacity to maintain stable rental income with ne…

Sohail Textile Mills Limited Ratings Reaffirmed by VIS

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Sohail Textile Mills Limited at ‘BBB-/A2’.

According to VIS Credit Rating Company Limited, the medium to long-term rating of ‘BBB-‘ indicates adequate credit quality wi…

Tea Import Tax Concerns Raised by Karachi Chamber of Commerce

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has urged the government to reconsider the implementation of a Minimum Retail Price (MRP) of Rs1200 per kilogram on black tea imports, citing potential adverse effects on lower-income househ…

PBIT Unveils Strategic Projects to Bolster Investment in Punjab

Lahore: The Punjab Board of Investment and Trade (PBIT) is prioritizing the introduction of concrete and investment-ready projects to attract investors, the board’s chairman. In a recent meeting with the Lahore Chamber of Commerce and Industry, Ashraf…

MCB Bank Partners with BPC to Enhance Digital Security

Karachi: MCB Bank has announced a strategic collaboration with BPC, a global entity in payment solutions, to bolster the security of its digital platforms. The bank will implement the BPC SmartVista Fraud Risk Management Solution to enhance its digita…

Meezan Bank Limited Updates Schedule of Service Charges

Karachi: Meezan Bank Limited has announced a revised schedule of service charges, effective immediately. The update includes changes to various banking services, impacting both retail and corporate customers.

According to Meezan Bank Limited, the ne…