Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of NRSP Microfinance Bank Limited at ‘A-/A2’. The medium to long-term rating of ‘A-‘ signifies good credit quality with adequate protection factors, although risk factors cou…
Karachi: Faisal Moiz Khan, President of the North Karachi Association of Trade and Industry (NKATI), has voiced strong opposition to the newly issued Tax Laws (Amendment) Ordinance 2025. He criticized the ordinance for being enacted without stakeholde…
Karachi: VIS Credit Rating Company Limited (VIS) has assigned an ‘A1 (plim)’ preliminary rating to At-Tahur Limited’s proposed Short Term Sukuk (STS). This rating underscores a strong likelihood of timely repayment of short-term obligations, backed by…
Karachi: The business, industry, and trade community in Pakistan have expressed dissatisfaction with the recent monetary policy decision by the State Bank of Pakistan (SBP), according to Mr. Atif Ikram Sheikh, President of the Federation of Pakistan C…
Karachi: The State Bank of Pakistan has released the latest weighted average customer exchange rates, providing updated figures for buying and selling various foreign currencies against the Pakistani Rupee. The data, which reflects rates as of May 5, …
Karachi: At a recent gathering in Karachi, business leaders highlighted the critical role young entrepreneurs from the Chiniot community play in bolstering Pakistan’s economy. Anjum Nisar, former President of the Karachi Chamber of Commerce and Indust…