Karachi: JazzCash, in partnership with Mobilink Microfinance Bank, has begun the initial disbursement of funds under the Benazir Income Support Program (BISP) across multiple locations in Hyderabad, Matiari, and Rahim Yar Khan. The initiative aims to d…
Karachi: VIS Credit Rating Company Ltd. (VIS) has reaffirmed the entity ratings of Intermarket Securities Limited (IMS) at ‘A-/A-2’, indicating stable credit quality with a developing outlook due to a forthcoming merger with EFG Hermes Pakistan Limited…
Karachi: In today’s trading session at the Pakistan Stock Exchange (PSX), activity remained range-bound with investors largely on the sidelines, yet the Technology sector witnessed notable buying, leading to a spike in the index.According to JS Global,…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Madina Sugar Mills Limited (MSML) at ‘A-/A-2,’ reflecting good credit quality and a stable financial outlook despite prevailing economic variabilities. This decision …
Islamabad: Pakistan’s remittances continued to show robust growth in July 2024, just shy of the US$3 billion threshold, marking a significant 48% increase year-over-year. This performance extends the trend of remittances surpassing US$2.8 billion for t…
Karachi: VIS Credit Rating Company Limited has assigned a preliminary ‘A-1’ rating to At-Tahur Limited’s proposed Short Term Sukuk, indicating a strong likelihood of timely repayment due to excellent liquidity factors and stable financial outlook.Accor…