Karachi: President of the Korangi Association of Trade and Industry (KATI), Junaid Naqi, has called for Pakistan's technical education system to be realigned with industry requirements. In a recent meeting with Sindh Technical Education and Vocational...
Read More »Pakistan’s Economy Anticipates Strong Growth Amid Reforms
Karachi: Pakistan's economy is on a trajectory toward significant growth, with projections indicating a doubling of the growth rate by fiscal year 2025. This forecast reflects the impact of fiscal consolidation and tight monetary policies implemented ...
Read More »PACRA Reaffirms Rating for Masood Textile Mills’ Sukuk
Faisalabad: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the debt instrument rating for Masood Textile Mills Limited's PKR 2 billion Sukuk, maturing in September 2024. This rating reflects the company's robust business profile in v...
Read More »Automobile Sales Surge to New Highs in May 2025
Karachi: Automobile sales in May 2025 are projected to reach their highest levels since December 2022, with three major players—Indus Motors Company Ltd (INDU), Honda Atlas Cars Ltd (HCAR), and Pak Suzuki Motor Company Ltd—leading a significant volume...
Read More »UBG Leaders Urge Strategic Marketing to Unlock Africa’s $500 Billion Import Market
Karachi: United Business Group (UBG) leaders have emphasized the need for strategic marketing to tap into Africa's substantial economic potential. They argue that aggressive marketing efforts are crucial for exploring the continent's import market, wh...
Read More »PACRA Affirms Ratings for Orient Power Amid Financial Adjustments
LAHORE: The Pakistan Credit Rating Agency (PACRA) has confirmed the entity ratings of Orient Power Company (Private) Limited, which operates a 212.7 MW combined-cycle, dual-fuel power generation plant, underlining its solid business profile. The plant...
Read More »FBR’s Lack of Clarity Over Annex H1 Halts Sales Tax Filings: PCDMA
KARACHI: The Pakistan Chemical and Dyes Merchants Association (PCDMA) has expressed concerns over the challenges faced by traders due to a new requirement imposed by the Federal Board of Revenue (FBR). The FBR's SRO 55(I)/2025 mandates registered comm...
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