Business News

Karachi, The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of SAFCO Microfinance Company Private Limited (SMCPL) at 'BBB' for long-term and 'A3' for short-term, reflecting a stable outlook and consistent performance a...

The post PACRA Holds SAFCO Microfinance Company Ratings Steady Amidst Operational Growth appeared first on Pakistan Business News.

Islamabad, The Exchange Companies Association of Pakistan has released the latest currency exchange rates for March 27 and 28, 2024, indicating slight fluctuations in the value of major currencies against the Pakistani Rupee. The rates for buying and ...

The post Currency Exchange Rates Show Slight Fluctuations in Pakistan appeared first on Pakistan Business News.

Islamabad, The pharmaceutical sector in Pakistan faced a significant downturn in profitability during the calendar year 2023, despite witnessing an 18% year-on-year growth in sales. A detailed review of the financial performance of eight leading compa...

The post Economic Challenges Impact Profits in Pakistan’s Pharmaceutical Sector appeared first on Pakistan Business News.

Karachi, In an unprecedented move to accommodate the renewal of memberships, the Karachi Chamber of Commerce & Industry (KCCI) has extended its office hours and will remain open this weekend, including Sunday. The acting President of KCCI, Altaf A....

The post Karachi Chamber of Commerce Extends Hours, Remains Open Sunday for Membership Renewal appeared first on Pakistan Business News.

Karachi, In a strong show of solidarity and resilience, Mian Zahid Hussain, a prominent figure in Pakistan's business community, has condemned the recent terrorist attack in the Bisham area of Khyber Pakhtunkhwa, which resulted in the tragic loss of fi...

The post Business Leaders Condemn Terrorism, Vow to Protect Pakistan-China Economic Ties appeared first on Pakistan Business News.

Islamabad, The Oil and Gas Development Company Limited (OGDCL), as the operator of the Kohat Exploration License in Khyber Pakhtunkhwa, has made a significant discovery of gas and condensate at the Togh-02 (Slant) exploratory segment in the Lumshiwal-I...

The post OGDCL Announces New Gas and Condensate Discovery in Kohat Block, Khyber Pakhtunkhwa appeared first on Pakistan Business News.

Lahore, The Pakistan Credit Rating Agency Limited (PACRA) has upgraded the entity ratings of H. Sheikh Noor-ud-Din and Sons (Private) Limited (HSNDS), reflecting the company's strong financial performance and growth trajectory. The upgrade moves the lo...

The post PACRA Upgrades H. Sheikh Noor-ud-Din and Sons Ratings Amid Strong Performance appeared first on Pakistan Business News.