General Business News

Lahore: Hadeed Pakistan (Pvt.) Limited has secured initial entity ratings from The Pakistan Credit Rating Agency Limited, marking a significant milestone for the family-operated business in the flat steel manufacturing industry. As a new entrant in th...

Faisalabad: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the debt instrument rating for Masood Textile Mills Limited's PKR 2 billion Sukuk, maturing in September 2024. This rating reflects the company's robust business profile in v...

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...

Lahore: MG Pakistan has taken decisive steps to address recent geopolitical disruptions by airlifting crucial vehicle components, ensuring on-time delivery of its MG HS PHEV - True Hybrid Electric vehicles. The measures aim to mitigate delays caused b...

KARACHI: Standard Chartered Pakistan and Emirates have formed a strategic partnership to enhance the benefits available to Standard Chartered Credit Card holders, according to a press release issued by the bank. The agreement, formalized through a Mem...

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...