FLASHNEWS:

Category: Business

Industry Chief Calls for Aggressive Rate Cuts to Boost Economy

KARACHI: Ahmed Azeem Alvi, president of the SITE Association of Industry, expressed dissatisfaction with the State Bank of Pakistan’s recent decision to reduce the policy rate by 100 basis points. Alvi urged the central bank to slash the rate into sin…

VIS Reaffirms Ratings for NRSP Microfinance Bank Limited

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of NRSP Microfinance Bank Limited at ‘A-/A2’. The medium to long-term rating of ‘A-‘ signifies good credit quality with adequate protection factors, although risk factors cou…

Amended Tax Ordinance Sparks Economic Concerns

Karachi: Faisal Moiz Khan, President of the North Karachi Association of Trade and Industry (NKATI), has voiced strong opposition to the newly issued Tax Laws (Amendment) Ordinance 2025. He criticized the ordinance for being enacted without stakeholde…

SMEDA Revamping Plan Secures Board Approval

Lahore: The Small and Medium Enterprises Development Authority (SMEDA) Board of Directors has approved the Implementation Plan for the organization’s revamping. This decision was made during the 30th board meeting, chaired by Haroon Akhtar Khan, Speci…

Unisame Urges SME Units to Bolster Civil Defense Preparedness

Karachi: The Union of Small and Medium Enterprises (UNISAME) has announced a comprehensive checklist aimed at enhancing the emergency readiness of small and medium enterprises (SMEs) across Pakistan. The initiative underscores the need for these busin…