Islamabad: At a prominent economic forum titled "Navigating the Unknown," Yousaf Hussain, President of the Overseas Investors Chamber of Commerce and Industry (OICCI), called on the government and national stakeholders to adopt a unified economic stra...
Read More »Pakistan’s Oil Marketing Companies Anticipate Decline in Quarterly Profits
Karachi: Pakistan's leading oil marketing companies, Pakistan State Oil (PSO) and Attock Petroleum Limited (APL), are expected to report a combined net profit after tax (NPAT) decline of 17% year-on-year and 28% quarter-on-quarter for the third quarte...
Read More »VIS Reaffirms Ratings for Fatima Sugar Mills Limited Amid Industry Challenges
Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Fatima Sugar Mills Limited at 'A-/A2'. These ratings suggest that the company maintains good credit quality, with adequate protection factors. The medium to long-term rati...
Read More »OGDCL Champions Pakistan’s Mineral Future at Investment Forum
Islamabad: The Oil and Gas Development Company Limited (OGDCL), in partnership with the Ministry of Energy, led the successful organization of the Pakistan Mineral Investment Forum 2025 (PMIF-25). The event, held in collaboration with key partners suc...
Read More »FPCCI Urges Reforms in Tea Import Policies
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called for significant policy changes regarding tea imports, emphasizing the necessity to reclassify tea as a basic commodity rather than a luxury item. Atif Ikram Sheik...
Read More »PACRA Assigns Ratings to New Rice Venture, GH2 Industries
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has assigned initial entity ratings to GH2 Industries (Pvt.) Limited, a nascent company spearheaded by Mr. Rana Nasim Ahmed, with investment support from Descon Holdings (Pvt.) Ltd. and Aureliu...
Read More »FPCCI Calls for Abolition of Tea Tax and MRP Regulations
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to abolish the current maximum retail price (MRP) and tax exemptions on tea imports, arguing that the existing policies are detrimental to the indus...
Read More »
AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service