General Business News

Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Sachal Engineering Works (Pvt.) Limited (SEWL) at 'A-/A2'. The medium to long-term rating of 'A-' reflects good credit quality with adequate protection factors, whil...

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Karachi: Currency exchange rates have experienced minor fluctuations across several major currencies, The data provides current buying and selling rates, reflecting subtle changes in the values of the U.S. Dollar, Euro, British Pound, Japanese Yen, Un...

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Karachi: Urea offtakes in Pakistan have declined amid worsening farmer incomes, while diammonium phosphate (DAP) sales have surged by 95% year-over-year, driven by the start of the Rabi season. This development is expected to alleviate inventory press...

The post Rabi Season Spurs DAP Sales Surge, Eases Fertilizer Inventory Levels appeared first on Pakistan Business News.

Islamabad: Large Scale Manufacturing (LSM) in Pakistan recorded a 1.9% year-over-year decrease in September 2024, marking the second consecutive month of negative growth following a year-over-year increase in July 2024.

According to JS Global, desp...

The post Pakistan’s Large Scale Manufacturing Declines, Easing Measures Offer Hope appeared first on Pakistan Business News.

Karachi: Loads Limited reported a 4% decline in its topline for FY24, recording PkR4.4 billion compared to PkR4.5 billion in the previous fiscal year, attributed to reduced sales volume in the slowing auto industry. However, despite the decrease in re...

The post Loads Limited Reports Improved Earnings Amid Decline in Topline appeared first on Pakistan Business News.

Tando Allah Yar: OGDCL has successfully enhanced the oil and gas output of its Dars West-1 well in Tando Allah Yar, Sindh, following a strategic workover and recompletion in the Lower Goru formation. The initiative has resulted in a substantial increa...

The post OGDCL Boosts Production at Revitalized Dars West-1 Well in Sindh appeared first on Pakistan Business News.

Lahore: The Lahore Chamber of Commerce and Industry (LCCI) has pledged to address the challenges facing marriage halls by engaging with top government officials. This commitment was articulated by LCCI President Mian Abuzar Shad and Senior Vice Presid...

The post LCCI Pledges to Advocate for Marriage Halls’ Operational Flexibility. appeared first on Pakistan Business News.