Business

Karachi: Large Scale Manufacturing (LSM) in Pakistan has recorded a year-on-year decline of 3.8% in November 2024, marking the fourth instance of negative growth in the past six months. This downturn has contributed to a cumulative negative growth of ...

The post Pakistan’s Large-Scale Manufacturing Sees Continued Decline appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Ltd. has assigned an initial Broker Fiduciary Rating of 'BFR3' to Pearl Securities Limited, marking the brokerage firm as maintaining good fiduciary standards with a stable outlook.

According to a statement by VIS ...

The post VIS Assigns ‘BFR3’ Rating to Pearl Securities Limited appeared first on Pakistan Business News.

Lahore: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) held a significant meeting with the Golden Ring Economic Forum (GREF), focusing on strategies to enhance regional economic collaboration. The discussion centered on innovative ...

The post PCJCCI and GREF Discuss Strategies to Boost Regional Economic Ties appeared first on Pakistan Business News.

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its entity ratings for Loads Limited, a notable manufacturer in Pakistan's automotive sector. The company's long-term rating remains at 'A' and short-term rating at 'A1,' with a...

The post PACRA Affirms Ratings for Loads Limited Amidst Economic Challenges appeared first on Pakistan Business News.

Karachi: Currency exchange rates in Pakistan experienced slight fluctuations over two consecutive days, with minor changes recorded in the buying and selling rates of major currencies.

According to a statement by Exchange Companies Association of Pa...

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

Karachi: The Korangi Association of Trade and Industry (KATI) has expressed deep condolences over the passing of the widow of the late SM Munir, who was also the mother of United Business Group (UBG) and KATI Patron-in-Chief SM Tanveer, SM Irfan, and ...

The post KATI Mourns the Loss of a Respected Maternal Figure appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of First Paramount Modaraba at 'BBB/A3'. The ratings reflect adequate credit quality with a stable outlook. The medium to long-term rating of 'BBB' signifies reasonable prote...

The post First Paramount Modaraba’s Ratings Reaffirmed Amid Strategic Shift appeared first on Pakistan Business News.