Karachi: Pakistan Petroleum Ltd (PPL) has partnered with the Government of Balochistan to develop a lead and zinc mining project in Khuzdar. The agreement secures a mining lease for the Barytes, Lead and Zinc (BLZ) Project, promising substantial reven…
Karachi: The Karachi Interbank Offered Rates (KIBOR) exhibited stability on Wednesday, with rates remaining consistent across multiple tenors, according to the latest data released by the State Bank of Pakistan.
According to State Bank of Pakistan, …
Karachi: VIS Credit Rating Company Limited has announced the initiation of a review of Muhammad Shafi Tanneries (Private) Limited. The announcement indicates that a comprehensive rating review is underway, and a subsequent rating action will be commun…
Karachi: The State Bank of Pakistan has disclosed its most recent financial figures, revealing the ceiling and floor amounts for specific institutions as of April 10, 2025.
According to the data, the ceiling amount stands at 15,700 with three insti…
Karachi: Cement dispatches in March 2025 recorded a 9% year-on-year decline, totaling 3.6 million tons. This decrease is primarily attributed to an 11% drop in local dispatches across both the North and South regions during the Ramadan season. Export …
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Foundation Securities (Pvt) Limited at ‘A/A2’, with a stable outlook. The long-term rating of ‘A’ indicates good credit quality and adequate protection factors, though ris…