Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Al-Karam Textile Mills (Private) Limited at ‘A/A2’, maintaining a stable outlook despite ongoing challenges in Pakistan’s textile sector. The medium to long-term rating of…
Islamabad: The Oil and Gas Development Company Limited (OGDCL), in partnership with the Ministry of Energy, led the successful organization of the Pakistan Mineral Investment Forum 2025 (PMIF-25). The event, held in collaboration with key partners suc…
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called for significant policy changes regarding tea imports, emphasizing the necessity to reclassify tea as a basic commodity rather than a luxury item. Atif Ikram Sheik…
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to abolish the current maximum retail price (MRP) and tax exemptions on tea imports, arguing that the existing policies are detrimental to the indus…
Karachi: The State Bank of Pakistan released its latest data on short-term interest rates, revealing consistent bid-offer spreads across various tenors. The rates, reflecting the yields on government securities, show minimal fluctuation, indicating a …
Karachi: The State Bank of Pakistan has made public the weighted average customer exchange rates for several major foreign currencies. The latest figures, dated April 15, 2025, show the buying and selling rates for ten currencies, reflecting the fluct…