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…
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has assigned initial entity ratings to GH2 Industries (Pvt.) Limited, a nascent company spearheaded by Mr. Rana Nasim Ahmed, with investment support from Descon Holdings (Pvt.) Ltd. and Aureliu…
Islamabad: The Oil and Gas Development Company Limited (OGDCL), in partnership with the Ministry of Energy, led the successful organization of the Pakistan Mineral Investment Forum 2025 (PMIF-25). The event, held in collaboration with key partners suc…
KARACHI: Pakistan experienced a record high in remittance inflows in March 2025, reaching $4.1 billion, a 37% increase compared to the previous year. This surge contributed to a cumulative total of $28 billion for the first nine months of the fiscal y…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Al-Karam Textile Mills (Private) Limited at ‘A/A2’, maintaining a stable outlook despite ongoing challenges in Pakistan’s textile sector. The medium to long-term rating of…
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Arshad Textile Mills Limited (ATML) at ‘BBB-/A2’, indicating adequate credit quality and a stable outlook. The ratings, which were last assessed in March 2024, reflect the…