Karachi: The Pakistan Credit Rating Agency (PACRA) has elevated the entity ratings of the Pakistan National Shipping Corporation (PNSC), recognizing its status as the national flag carrier and its integral role in maintaining the nation’s seaborne ene…
KARACHI: Gas and Oil Pakistan Limited, a key player in the country’s oil marketing sector, is preparing to issue a short-term, privately placed Sukuk valued at approximately PKR 10 billion. The initiative is part of the company’s strategy to finance…
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has raised alarms over a nationwide transport strike that has persisted for ten days. Atif Ikram Sheikh, the FPCCI President, has urged both transporters and the Punjab Gove…
Lahore: The Pakistan Credit Rating Agency (PACRA) has affirmed the ratings of MACPAC Films Limited, acknowledging its stable market position and robust management in the face of economic challenges. The company, a key player in the manufacturing of Bi…
Lahore: Select Technologies Pvt. Limited, a subsidiary of Air Link Communication Limited, is set to issue its fourth Rated, Secured, Privately Placed, Short-Term Sukuk-IV, valued at PKR 3.5 billion. The issuance comes as the company navigates a comple…
Islamabad: The Pakistan Credit Rating Agency Limited (PACRA) has assigned preliminary ratings to the National Vocational and Technical Training Commission’s (NAVTTC) Term Finance Certificates (TFCs), marking a significant step in the launch of Pakista…
Karachi: The State Bank of Pakistan (SBP) announced a significant policy shift today, reducing its monetary policy rate by 50 basis points to 10.5%. The decision, revealed during a post-monetary policy statement briefing by the SBP Governor, reflects …
Karachi: Pakistan Vanaspati Manufacturers Association (PVMA) Chairman Sheikh Umer Rehan has raised alarm over the ongoing strike by goods transporters, highlighting its potential to significantly disrupt the national economy. The strike, he said, is a…
KARACHI: The SITE Association of Industry has voiced its dissatisfaction with the State Bank of Pakistan’s recent policy decision to cut the interest rate by only 50 basis points. Ahmed Azeem Alvi, the association’s president, argued that the modest r…
Peshawar:Governor Khyber Pakhtunkhwa Faisal Karim Kundi emphasized that combating terrorism is the provincial government’s foremost concern.
According to Radio Pakistan, Governor Kundi announced at a news conference that an eleven-member advisory co…
