Karachi: Meezan Bank, Pakistan’s leading Islamic bank, has introduced a Foreign Currency (FCY) Debit Card specifically designed for exporters and freelancers who maintain an Exporters’ Special Foreign Currency Account (ESFCA) with the bank. This new o…
Lausanne: Tetra Pak has announced the expansion of its homogenizer range with the introduction of the Tetra Pak® Homogenizer 15C and the Tetra Pak® Homogenizer 20C. This new line aims to provide manufacturers with more streamlined and efficient soluti…
Karachi: VIS Credit Rating Company Limited (VIS) has announced the withdrawal of entity ratings for CDC Share Registrar Services Limited, effective immediately. This decision follows the company’s choice to cease its ratings, as indicated in a recent …
Karachi: VIS Credit Rating Company Ltd. has reaffirmed the entity ratings of Multiline Securities Limited at ‘A-/A2’, maintaining a stable outlook. This decision reflects the company’s good credit quality and sound short-term liquidity factors, amidst…
Karachi: Systems Limited is expected to report a notable increase in net profit after tax (NPAT) for the fourth quarter of the calendar year 2024, reaching PkR2.4 billion, compared to PkR1.5 billion in the same period last year. This growth is driven …
Karachi: The State Bank of Pakistan (SBP) announced a reduction in its Policy Rate by 100 basis points to 12%, marking the sixth consecutive rate cut in a sustained monetary easing effort. The decision is primarily driven by declining inflation and ai…