Business News

Karachi: The Exchange Companies Association of Pakistan (ECAP) has released the open market closing exchange rates for December 18, 2025, providing a snapshot of currency valuations as the year draws to a close. According to the data, the US dollar wa...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of Azhar Corporation (Pvt.) Limited, highlighting the company's solid operational performance and capacity for innovation and diversification within its busine...

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...

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: 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...