Business News

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has upheld the AAA rating for the WAPDA Dasu TFC-D, a debt instrument, underscoring the strategic significance of the Pakistan Water and Power Development Authority (WAPDA) as the country's pri...

The post PACRA Maintains AAA Rating for WAPDA Dasu TFC-D, Citing Strategic Importance and Government Support appeared first on Pakistan Business News.

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has upheld the AAA rating for the WAPDA Dasu Sukuk-D, reflecting the strategic importance of The Pakistan Water and Power Development Authority (WAPDA) as the primary entity responsible for adv...

The post PACRA Maintains AAA Rating for WAPDA Dasu Sukuk-D appeared first on Pakistan Business News.

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the AAA rating for the Pakistan Water and Power Development Authority's (WAPDA) Sukuk issued in May 2017. The rating underscores WAPDA's strategic significance in developing Paki...

The post PACRA Affirms AAA Rating for WAPDA’s Sukuk Amid Progress on Dasu Hydropower Project appeared first on Pakistan Business News.

Karachi: Currency exchange rates in Pakistan experienced notable fluctuations for the second consecutive day, impacting a range of foreign currencies. The changes were observed in the buying and selling rates of the US Dollar, Euro, British Pound, Jap...

The post Currency Rates Fluctuate for Second Consecutive Day in Pakistan appeared first on Pakistan Business News.

Karachi: Inflation in November 2024 registered a Consumer Price Index (CPI) of 4.9%, the lowest reading in over six and a half years. This marks a significant drop from the 28.6% average recorded in the first five months of the previous fiscal year, b...

The post November 2024 CPI Reaches 4.9%, Lowest in Over Six Years appeared first on Pakistan Business News.

Lahore: The chemical industry in Pakistan, despite facing significant challenges such as global competition and insufficient government policy support, continues to grow robustly, CEO of Surfachem and Vice President of the Pakistan China Joint Chamber...

The post Pakistan’s Chemical Industry Maintains Growth Despite Challenges appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has announced an upgrade in the entity ratings of Lucky Textile Mills Limited (LTML) to 'AA-/A1+' from 'AA-/A1'. The upgrade reflects the company's enhanced credit quality and its ability to ensure timely rep...

The post Lucky Textile Mills Limited Receives Rating Upgrade from VIS Credit Rating Company appeared first on Pakistan Business News.