General Business News

Karachi: Automobile sales in May 2025 are projected to reach their highest levels since December 2022, with three major players—Indus Motors Company Ltd (INDU), Honda Atlas Cars Ltd (HCAR), and Pak Suzuki Motor Company Ltd—leading a significant volume...

Karachi: United Business Group (UBG) leaders have emphasized the need for strategic marketing to tap into Africa's substantial economic potential. They argue that aggressive marketing efforts are crucial for exploring the continent's import market, wh...

LAHORE: The Pakistan Credit Rating Agency (PACRA) has confirmed the entity ratings of Orient Power Company (Private) Limited, which operates a 212.7 MW combined-cycle, dual-fuel power generation plant, underlining its solid business profile. The plant...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has assigned preliminary ratings to a PKR 1 billion sukuk issued by Beacon Impex (Pvt.) Limited, highlighting the company's strong position in Pakistan's textile sector, especially in the speci...

Karachi: The Exchange Companies Association of Pakistan has released the latest foreign currency exchange rates for June 3, 2025. The announcement includes the buying and selling prices for several major currencies in the open market. According to t...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Pak Qatar Asan Munafa Plan under the Pak Qatar Islamic Cash Fund, underscoring its low-risk profile. The Plan continues to focus on generating compet...

KARACHI: Pakistan's Oil Marketing Companies (OMCs) have reported a third consecutive month of increased sales, according to AKD Securities Limited. The volumetric sales for May 2025 reached 1.5 million tons, reflecting a 10% increase compared to the s...