Islamabad: inDrive.Delivery has introduced Business Mode in Pakistan, targeting small and medium enterprises (SMEs) with enhanced tools for package coverage and delivery options. This move follows a reported 36% rise in business-to-business activity o...
Read More »Pakistan Refinery Limited Maintains Ratings Amid Expansion Plans
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of Pakistan Refinery Limited (PRL), citing its significant role in the country's petroleum supply and its association with the state-owned Pakistan State Oil ...
Read More »Hadeed Pakistan Secures Initial Ratings Amid Market Expansion
Lahore: Hadeed Pakistan (Pvt.) Limited has secured initial entity ratings from The Pakistan Credit Rating Agency Limited, marking a significant milestone for the family-operated business in the flat steel manufacturing industry. As a new entrant in th...
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...
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