Business News

Faisalabad: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the debt instrument rating for Masood Textile Mills Limited's PKR 2 billion Sukuk, maturing in September 2024. This rating reflects the company's robust business profile in v...

Karachi: Automobile sales in May 2025 are projected to reach their highest levels since December 2022, with three major players—Indus Motors Company Ltd (INDU), Honda Atlas Cars Ltd (HCAR), and Pak Suzuki Motor Company Ltd—leading a significant volume...

Karachi: United Business Group (UBG) leaders have emphasized the need for strategic marketing to tap into Africa's substantial economic potential. They argue that aggressive marketing efforts are crucial for exploring the continent's import market, wh...

KARACHI: Standard Chartered Pakistan and Emirates have formed a strategic partnership to enhance the benefits available to Standard Chartered Credit Card holders, according to a press release issued by the bank. The agreement, formalized through a Mem...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has assigned preliminary ratings to a PKR 1 billion sukuk issued by Beacon Impex (Pvt.) Limited, highlighting the company's strong position in Pakistan's textile sector, especially in the speci...

Karachi: The Exchange Companies Association of Pakistan has released the latest foreign currency exchange rates for June 3, 2025. The announcement includes the buying and selling prices for several major currencies in the open market. According to t...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the stability rating of the Pak Qatar Asan Munafa Plan under the Pak Qatar Islamic Cash Fund, underscoring its low-risk profile. The Plan continues to focus on generating compet...