Karachi: VIS Credit Rating Company Limited has maintained the entity ratings of Ahmed Oriental Textile Mills Limited at ‘A-/A2’, indicating good credit quality with adequate protection factors. The outlook on these ratings has been revised to “Stable”…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Arshad Textile Mills Limited at ‘BBB-/A2’, indicating adequate credit quality and a good likelihood of timely short-term repayment. The stable outlook reflects the company…
Karachi: The State Bank of Pakistan has made public the weighted average customer exchange rates for several major foreign currencies. The latest figures, dated April 15, 2025, show the buying and selling rates for ten currencies, reflecting the fluct…
Karachi: The State Bank of Pakistan released its latest data on short-term interest rates, revealing consistent bid-offer spreads across various tenors. The rates, reflecting the yields on government securities, show minimal fluctuation, indicating a …
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to abolish the current maximum retail price (MRP) and tax exemptions on tea imports, arguing that the existing policies are detrimental to the indus…
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called for significant policy changes regarding tea imports, emphasizing the necessity to reclassify tea as a basic commodity rather than a luxury item. Atif Ikram Sheik…