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Sialkot Chamber of Commerce Condemns Attack on Chinese Nationals in Khyber Pakhtunkhwa

Sialkot, The Sialkot Chamber of Commerce and Industry (SCCI) has publicly denounced the recent terrorist attack in Khyber Pakhtunkhwa that resulted in the death of five Chinese nationals and a Pakistani driver. Mr. Amer Majeed Sheikh, Vice President of...

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FATIMA Fertilizer’s Strategic Growth and Financial Health Signal Strong Future

Islamabad, FATIMA Fertilizer is positioned for significant growth and operational efficiency in the coming year, as outlined by AKD Securities Limited. The company's proactive strategies, including the conservative utilization of its Sheikhupura plant...

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PACRA Holds SAFCO Microfinance Company Ratings Steady Amidst Operational Growth

Karachi, The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of SAFCO Microfinance Company Private Limited (SMCPL) at 'BBB' for long-term and 'A3' for short-term, reflecting a stable outlook and consistent performance a...

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Currency Exchange Rates Show Slight Fluctuations in Pakistan

Islamabad, The Exchange Companies Association of Pakistan has released the latest currency exchange rates for March 27 and 28, 2024, indicating slight fluctuations in the value of major currencies against the Pakistani Rupee. The rates for buying and ...

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Economic Challenges Impact Profits in Pakistan’s Pharmaceutical Sector

Islamabad, The pharmaceutical sector in Pakistan faced a significant downturn in profitability during the calendar year 2023, despite witnessing an 18% year-on-year growth in sales. A detailed review of the financial performance of eight leading compa...

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High Electricity Costs Hinder Pakistan’s Export Potential, Says Former ICCI President

Islamabad, Dr. Shahid Rasheed Butt, former President of the Islamabad Chamber of Commerce and Industry (ICCI), has highlighted the high cost of electricity as a significant barrier to Pakistan's ability to export goods. In a statement issued on Thursd...

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PACRA Holds Stable Ratings for JWS Pakistan, Highlighting Growth and Community Impact

Karachi, The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stable entity ratings of JWS Pakistan (JWSP), a non-banking microfinance company focused on women's entrepreneurial development through microloans, reflecting its solid perf...

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