FLASHNEWS:

Day: April 10, 2025

Call for Federal Loan Support for Entrepreneurs Gains Momentum

Karachi: In a call for federal support, Malik Khuda Bakhsh, President of the Pakistan Business Forum’s Karachi Region, has endorsed the initiatives of Punjab Chief Minister Maryam Nawaz Sharif aimed at simplifying business financing for small and medi…

Pakistan’s Exchange Rates Show Mixed Trends in Currency Market

Karachi: The Exchange Companies Association of Pakistan (ECAP) released its latest open market closing exchange rates, revealing mixed trends across different currencies. The data, sourced from the State Bank of Pakistan, provides insights into the bu…

PPL and BME Forge Ahead with Landmark Mining Pact in Islamabad

ISLAMABAD: Pakistan Petroleum Limited and Bolan Mining Enterprises have entered into a significant agreement with the Government of Balochistan for the Barite-Lead-Zinc project, marking a pivotal moment in the nation’s mineral development efforts. The…

K-Electric’s Short-Term Sukuk Rated A1+ by VIS

KARACHI: VIS Credit Rating Company Limited has finalized the instrument ratings for K-Electric Limited’s short-term Sukuk-30, assigning it an A1+ rating. This rating reflects the strongest likelihood of timely repayment of short-term obligations, back…

VIS Begins Review of Fortune Securities Limited

Karachi: VIS Credit Rating Company Limited has commenced a review of Fortune Securities Limited. The initiation of this review indicates that a rating evaluation process is underway, and VIS will announce a rating action once Fortune Securities has su…

VIS Initiates Review of Khanani Securities

Karachi: VIS Credit Rating Company Limited has commenced a review of Muhammad Munir Muhammad Ahmad Khanani Securities Limited, according to a press release issued on April 10, 2025. This review marks the beginning of a rating assessment process for th…