Karachi: VIS Credit Rating Company Limited has finalized a short-term rating of ‘A1+’ for Pakistan Telecommunication Company Limited’s (PTCL) Short Term Sukuk XI (STS-XI). This rating indicates the strongest likelihood of timely repayment for short-te…
Lahore: Nishat Mills Ltd. (NML) announced its financial results for the third quarter of the fiscal year 2025, revealing a profit of PkR696 million, equivalent to earnings per share of PkR1.98. This is a significant improvement from a loss of PkR286 m…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Artistic Denim Mills Limited (ADML) at ‘A-/A2’, reflecting a stable outlook despite ongoing economic challenges. The medium to long-term rating of ‘A-‘ signifies good cred…
LAHORE: In a joint statement marking International Labor Day 2025, key officials pledged comprehensive support to amplify employment and skill development opportunities for Pakistan’s labor force within the small and medium enterprises (SME) sector. T…
Islamabad: Oil and Gas Development Company Limited (OGDCL) reinforced its commitment to gender diversity and leadership development by sponsoring the Women in Business and Leadership Conference (WIBCON) 2025.
Female officers from various directorat…
Karachi: The currency exchange rates in Pakistan experienced fluctuations, with the US Dollar, Euro, and British Pound showing varying buying and selling prices. The interbank rates reflected changes across multiple currencies as reported by the Excha…
Karachi: The Karachi Interbank Offered Rate (KIBOR) displayed a stable trend across various tenors, according to data released by the State Bank of Pakistan. The rates, which serve as a benchmark for lending between banks, provide insight into the eco…