Business News

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the credit rating of Askari Bank Limited’s Tier I debt instrument at AA-, with a stable outlook. This decision underscores the bank's robust ownership structure and strategic aff...

The post Askari Bank’s Rating Maintained by PACRA Amidst Strategic Expansion appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Ltd. has withdrawn the entity ratings for Intermarket Securities Limited, which were previously rated A- and placed under 'Rating Watch - Developing'. This action comes as a result of the company's merger with EFG He...

The post VIS Withdraws Ratings Following Intermarket Securities Merger appeared first on Pakistan Business News.

Karachi: Sindh Microfinance Bank Limited has received an upgrade in its credit ratings, reflecting a robust financial position and consistent profitability. The Pakistan Credit Rating Agency Limited (PACRA) announced the upgrade, which raises the bank...

The post Sindh Microfinance Bank Limited Receives Credit Rating Upgrade appeared first on Pakistan Business News.

Karachi: Pakistan's trade relations with the United States have reached a significant milestone, with the bilateral trade volume crossing the $7 billion mark in 2023. This upward trajectory is continuing into 2024, with trade figures already surpassin...

The post Pakistani Exports to U.S. Could Double as Bilateral Trade Surpasses $7 Billion appeared first on Pakistan Business News.

Lahore: The Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) has called for the establishment of a "Digital Silk Road" to maximize the benefits of the economic corridor that China plans to construct in the Asia-Pacific region. Nazir Huss...

The post PCJCCI Proposes “Digital Silk Road” to Strengthen Economic Ties appeared first on Pakistan Business News.

Lahore: An 11-member delegation from China's Xingjian province visited Pakistan following an invitation from the Pakistan China Joint Chamber of Commerce and Industry (PCJCCI). The delegation, led by the Mayor of Yecheang and Wang Xiangbing, Chairman ...

The post Chinese Delegation Explores Renewable Energy and Construction Opportunities in Pakistan appeared first on Pakistan Business News.

Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and the Balochistan Board of Investment & Trade (BBoIT) have announced plans to jointly organize the Balochistan Summit 2025. Scheduled for January 27-28 in Isla...

The post Balochistan Summit 2025 to Promote Investment and Industrialization appeared first on Pakistan Business News.