Islamabad: Large-scale manufacturing (LSM) in July 2024 recorded a 2.4% year-over-year growth, marking a recovery from a previous downturn and hinting at positive economic trends influenced by ongoing monetary easing.According to JS Global, the perform…
Karachi: The Businessmen Group (BMG) at the Karachi Chamber of Commerce and Industry (KCCI), facing a potential loss in the upcoming 2024-26 elections, has turned to the Sindh High Court to halt the electoral process, citing adverse regulatory decisi…
Islamabad: Mian Zahid Hussain, a prominent business leader and Chairman of the FPCCI Advisory Board and National Business Group Pakistan, on Monday highlighted the critical situation of Pakistan’s population and unemployment rates. He stressed that a m…
Karachi: The International Monetary Fund (IMF) is reportedly moderating its previous stance on Pakistan’s economic policy, hinting at a potential approval of a $7 billion loan agreement as economic indicators show signs of improvement despite ongoing p…
Karachi: VIS Credit Rating Company Limited has finalized the short-term rating of Pakistan Telecommunication Company Limited’s (PTCL) Short Term Sukuk VI (STS-VI) at ‘A-1+’, indicating a high level of certainty in timely payment and excellent liquidit…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of The Thal Industries Corporation Limited (TICL) at ‘A’ for medium to long term and ‘A-2’ for short term, indicating a stable credit outlook with good credit quality a…