KARACHI: Despite Prime Minister Shahbaz Sharif’s assurances, the failure to implement a significant reduction in the interest rate is a matter of concern, says Ahmed Azeem Alvi. He added that high-interest loans are hindering economic recovery and dis…
Karachi: Salim Valimuhammad, Chairman of the Pakistan Chemicals and Dyes Merchants Association (PCDMA), has dismissed the State Bank of Pakistan’s recent 1% reduction in the interest rate, labeling it as inadequate. He expressed concerns over the cent…
Karachi: VIS Credit Rating Company Limited has maintained the entity ratings of The Imperial Electric Company Pvt Ltd at A-/A2, reflecting its good credit quality and strong likelihood of timely repayment of short-term obligations. However, the outloo…
Lahore: Engro Fertilizers has inaugurated a new Markaz Centre in Muridke, expanding its network to four centers across Pakistan. This move aims to support the government’s efforts to ensure high-quality fertilizers are available at controlled prices t…
Karachi: The Exchange Companies Association of Pakistan has announced the latest foreign currency exchange rates for January 25, 2025, providing updated figures for several major currencies.
According to a statement by Exchange Companies Association…
Karachi: The Karachi Chamber of Commerce & Industry (KCCI) President, Muhammad Jawed Bilwani, has stressed the urgent necessity for the State Bank of Pakistan (SBP) to align the nation’s monetary policy rate with regional standards. This move aims to …