Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Mobilink Microfinance Bank Limited (MMBL) at ‘A/A1’, indicating good credit quality and a strong likelihood of timely repayment of short-term obligations. The outlook for …
Karachi: The Korangi Association of Trade and Industry (KATI) has firmly opposed the newly enacted Tax Ordinance 2025, claiming it is anti-business, unconstitutional, and harmful to investment prospects. Junaid Naqi, President of KATI, criticized the …
Karachi: Standard Chartered Pakistan has been awarded a $130 million banking mandate by Siemens Energy Pakistan, according to a press release. The agreement, which was approved in January 2025, involves a comprehensive range of banking services aimed …
KARACHI: The Pakistan Chemicals and Dyes Merchants Association (PCDMA) has voiced strong objections to the Income Tax Laws (Amendment) Ordinance 2025, labeling it as an unfair imposition. The association is calling on President Asif Ali Zardari and th…
KARACHI: President of the Karachi Chamber of Commerce and Industry (KCCI), Muhammad Jawed Bilwani, has raised serious concerns regarding the Tax Laws (Amendment) Ordinance, 2025, highlighting its potential adverse effects on the business community and…
KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has expressed disappointment over the State Bank of Pakistan’s recent decision to reduce the policy interest rate by 1 percent, bringing it down to 11 percent. The chamber’s president, Muham…
Karachi: Zindigi, a platform powered by JS Bank, has entered into a strategic partnership with the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) to advance the digital transformation of Pakistan’s business sector. This collaboration…