Business

Islamabad: Fauji Fertilizer Company Ltd. (FFC) announced a significant increase in earnings for the first quarter of the calendar year 2025 during a corporate briefing, despite facing industry-wide challenges. The company reported earnings of PkR13.3 ...

Karachi: The State Bank of Pakistan (SBP) has initiated a monetary easing cycle, attributed to a significant drop in inflation. This move is aimed at addressing challenges from trade tariffs and geopolitical tensions while benefiting from anticipated ...

Karachi: The State Bank of Pakistan's recent decision to reduce the interest rate by one percent has been met with cautious approval from Rafiq Suleman, a prominent figure in the business community. Suleman, former Chairman of the Rice Exporters Assoc...

Karachi: Cement dispatches in Pakistan rose significantly in April 2025, reaching a total of 3.34 million tons, marking a 13% increase compared to the same month last year. This growth was propelled by an 8% rise in local offtakes and a notable 35% su...

Karachi: The State Bank of Pakistan (SBP) announced a surprising 100 basis point reduction in the policy rate, bringing it down to 11 percent. This move, driven by decreasing inflation, marks the seventh rate cut in the current monetary easing cycle a...

Karachi: VIS Credit Rating Company Limited announced the reaffirmation of International Textile Limited's (ITL) entity ratings at 'A/A2' (Single A / A Two), maintaining a stable outlook. The ratings reflect ITL's solid credit quality and adequate prot...

Karachi: Lucky Electric Power Company Limited (LEPCL) has been assigned an initial rating by The Pakistan Credit Rating Agency Limited (PACRA), marking a significant milestone for the power company. The rating pertains to the company's issuance of PPS...