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Pakistani Exports to U.S. Could Double as Bilateral Trade Surpasses $7 Billion

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...

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PCJCCI Proposes “Digital Silk Road” to Strengthen Economic Ties

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...

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Dolmen City REIT Adopts New Rental Model Amid Occupancy Success

Karachi: Dolmen City REIT (DCR), Pakistan's largest Real Estate Investment Trust, has transitioned to a new rental model, aiming to boost its financial performance despite facing a slight decline in net income. The company reported an increase in foot...

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PACRA Maintains A+ Rating for Soneri Bank Limited’s Tier 2 Capital TFC

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has announced that it will maintain the long-term entity rating of A+ for Soneri Bank Limited’s Tier 2 Capital Term Finance Certificate (TFC) valued at PKR 4 billion. The outlook remains stable...

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Pakistan Grapples with Escalating Environmental Crisis Amid Rising Pollution and Waste Problems

Islamabad: Pakistan is facing a severe environmental crisis, ranking among the top ten most vulnerable countries on the Climate Risk Index for the past two decades and currently listed as the fifth most vulnerable globally by the United Nations. This ...

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Pacra Maintains Ratings for Soneri Bank Limited’s Tier 1 TFC

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has announced that it is maintaining the long-term entity ratings for Soneri Bank Limited's Tier 1 Term Finance Certificates (TFC) at 'A'. The outlook for these ratings remains stable.

Accord...

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