Karachi: VIS Credit Rating Company Limited has reaffirmed the Management Quality Rating of Alfalah Asset Management Limited at ‘AM1’, indicating strong management characteristics with a ‘Stable’ outlook. The rating reflects substantial growth in asset…
Karachi: VIS Credit Rating Company Ltd. (VIS) has announced the withdrawal of the Broker Management Rating (BMR2+) previously assigned to Intermarket Securities Limited (IMS). This decision follows the merger of IMS with EFG Hermes Pakistan Limited, l…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Lucky Renewables (Private) Limited at ‘A/A2’, indicating a good credit quality with adequate protection factors. The outlook for the ratings remains stable, reflecting con…
Karachi: Saquib Fayyaz Magoon has been elected as the Chairman of the Businessman Panel Progressive (BMP Progressive), with Khurram Ijaz taking on the role of Secretary General. The election of these and other key office-bearers was finalized during a…
Karachi: Oil marketing companies (OMCs) in Pakistan reported a slight increase in volumes for December 2024, with sales reaching 1.28 million tons, marking a 3% year-on-year growth. The cumulative volume for the first half of the fiscal year 2025 was …
KARACHI: Rafiq Suleman has been named the Convener of the Federation of Pakistan Chambers of Commerce and Industry’s (FPCCI) Central Standing Committee on “Rice Production & Export Promotion” for the 2024-2025 term. The appointment, announced by P…