Karachi: VIS Credit Rating Company Limited has assigned initial entity ratings to Burj Clean Energy Modaraba (BCEM) of 'A/A1', indicating good credit quality and a strong likelihood of timely short-term obligation repayments. The outlook for these rat...
Read More »Fertilizer Slump Hits Engro Holdings’ Earnings, Dividend Omitted
Karachi: Engro Holdings Ltd. (ENGROH) has reported a significant decline in its first-quarter earnings for the calendar year 2025, with consolidated earnings falling to PKR 1.8 billion, or PKR 1.47 per share, compared to PKR 4.0 billion, or PKR 3.34 p...
Read More »41st International Exhibition of Handmade Carpets Set for October
Lahore: The Pakistan Carpet Manufacturers and Exporters Association (PCMEA), in partnership with the Trade Development Authority of Pakistan (TDAP), announced the 41st International Exhibition of Handmade Carpets, scheduled to take place from October ...
Read More »United Business Group Urges Boycott of Indian Goods amid Rising Tensions
Karachi: The United Business Group (UBG) has called for a global boycott of Indian products, urging Muslims worldwide to stand in solidarity with Pakistan. The group's leadership dismissed recent threats from the Indian government as inconsequential a...
Read More »Daraz Pakistan Partners with Unity Retail to Revolutionize Logistics
Islamabad: Daraz Pakistan has announced a new strategic partnership with Unity Retail, a prominent e-commerce enablement platform in Pakistan, to streamline logistics operations for businesses nationwide. This marks a significant expansion for Daraz, ...
Read More »Currency Exchange Rates See Slight Fluctuations Amidst Global Market Trends
Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates for several major currencies. The rates, reflective of current interbank market conditions, show minor fluctuations amid broader global economic trends...
Read More »Customs and Karachi Chamber Unite to Enhance Export Facilitation
KARACHI: In a significant move to bolster Pakistan's export sector, Chief Collector of Customs (Export) Mohammad Sadiq has pledged enhanced cooperation with the Karachi Chamber of Commerce and Industry (KCCI) to ensure smoother trade operations. Dur...
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