FLASHNEWS:

Category: Business

VIS Initiates Review of Ashraf Sugar Mills Limited

Karachi: VIS Credit Rating Company Limited has begun a review process of Ashraf Sugar Mills Limited. This development marks the start of a rating review exercise, as announced by VIS on May 2, 2025.

The review initiation indicates that VIS will und…

Severe Water Shortage Cripples Karachi’s SITE Industries

KARACHI: A critical water shortage has brought industrial production to a standstill in Karachi’s SITE area, as confirmed by Ahmed Azeem Alvi, President of the SITE Association of Industry. The lack of water supply for two weeks has left workers idle …

Currency Exchange Rates Update for Major Currencies

Karachi: Currency exchange rates for major international currencies against the Pakistani Rupee were released by the Exchange Companies Association of Pakistan, reflecting current market conditions.

According to the latest data, the United States D…