Lahore: VIS Credit Rating Company Limited (VIS) has reaffirmed the Insurer Financial Strength (IFS) rating of United Insurance Company of Pakistan Limited (UICPL) at ‘AA+ (IFS)’, signaling a very strong capacity to meet policyholder and contract obliga…
Islamabad: Pakistan’s Consumer Price Index (CPI) has fallen to its lowest level in nearly three years this July, recording a 33-month low at 11.1%, as reported by recent statistics. This significant drop is largely attributed to a strong base effect, w…
Karachi: VIS Credit Ratings Company Ltd. (VIS) has upgraded the credit ratings of Everfresh Farms (Private) Limited (EFPL) from BBB+/A-2 to A-/A-2, reflecting the company’s improved financial stability and good credit quality amidst challenging economi…
Karachi: VIS Credit Rating Company Limited has upgraded the short-term entity ratings of Macter International Limited from ‘A/A-2’ to ‘A/A-1’, reflecting a strong likelihood of timely repayment of short-term obligations and excellent liquidity factors….
Islamabad: Pakistan’s fiscal landscape has shown significant improvement as the country recorded a primary budget surplus of 0.9% of GDP in FY24, the first in 20 years, despite a fourth-quarter deficit of 0.6%. The annual fiscal deficit for FY24 improv…
Karachi: The Karachi Stock Exchange (KSE) faced another bearish day as investors continued to show a preference for selling due to tensions in the Middle East and a lack of immediate market triggers. The KSE-100 index closed at 77,887, down by 742 poin…