Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) announced that a Pakistani trade delegation, led by its President, Mr. Atif Ikram Sheikh, actively participated in the Bangladesh – Pakistan Business Forum held in Dhaka. A …
Karachi: Money market funds have emerged as a favored option for individuals seeking safe and low-risk investment opportunities in Pakistan. These funds are particularly appealing to those interested in short-term savings solutions that prioritize sta…
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has assigned initial ratings to Pak Elektron Limited (PEL) for its debt instrument, PPSTS II, valued at PKR 2 billion with a maturity date of December 2024. The ratings are A+ for the long term…
Karachi: Pakistan Aluminium Beverages Can Ltd (PABC) has had its stock rating downgraded to “Underperform” following a significant stock price increase. The target price for December 2025 has been set at Rs100, indicating a potential 19% decline.
Ac…
Karachi: The entity ratings of Shirazi Investments (Private) Limited have been reaffirmed at ‘AA/A1+’ by VIS Credit Rating Company Limited, maintaining a stable outlook. These ratings indicate the company’s high credit quality and strong protection fa…
Lahore: The Small and Medium Enterprises Development Authority (SMEDA) has formalized a partnership with the Punjab Information Technology Board (PITB) to enhance the functionality of its Small and Medium Enterprise Registration Portal (SMERP). The ag…