Karachi: VIS Credit Rating Company Limited has reaffirmed the Fund Stability Rating of HBL Income Fund at ‘A+ (f)’, indicating a moderate degree of stability in its Net Asset Value. This rating comes as part of a regular review process, with the previ…
Karachi: VIS Credit Rating Company Limited has reaffirmed the Fund Stability Rating of HBL Money Market Fund at ‘AA+ (f)’, indicating a high degree of stability in its Net Asset Value. The rating reflects a modest risk level that may slightly fluctuat…
Lahore: In a concerted effort to manage the sprawling traffic and improve infrastructure in Lahore, Chief Traffic Officer Athar Waheed has unveiled a comprehensive 20-point agenda under the ‘First Clean and Then Clear’ program. This initiative aims to…
KARACHI: In a notable development for the financial sector, ABHI and TPL Corp Limited have announced the launch of ABHI Microfinance Bank at a ceremony held at Mohatta Palace. This collaboration, which has received approvals from the State Bank of Pak…
KARACHI: Currency exchange rates in Pakistan have shown fluctuations as the Exchange Companies Association of Pakistan reported varying buying and selling rates for major currencies against the Pakistani Rupee.
According to a statement by Exchange C…
Karachi: Gold prices in Pakistan have witnessed a notable increase, in alignment with trends observed in the international market. The price for a tola of 24-karat gold has surged by Rs. 1,500, bringing the new rate to Rs. 301,500. Similarly, the pric…
Lahore: The Small and Medium Enterprises Development Authority (SMEDA) has organized a consultative session aimed at aligning the second phase of its Industrial Stitching Units project with the government’s Uraan Pakistan program. The initiative seeks…