Business

This category covers all news related Business & Finance

PACRA Assigns Initial Ratings to Pak Elektron Limited, Signals Positive Outlook

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has assigned initial ratings to Pak Elektron Limited (PEL) for its debt instrument, PPSTS II, valued at PKR 2 billion with a maturity date of December 2024. The ratings are A+ for the long term...

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Pakistan Trade Delegation Aims to Strengthen Economic Ties with Bangladesh

Karachi: A multi-sectoral exporters' delegation from Pakistan is set to visit Bangladesh this week, with the aim of enhancing economic, commercial, and trade relations between the two countries. Led by Mr. Atif Ikram Sheikh, President of the Federatio...

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Strong Recovery in Urea Sales Projected for December 2024

Karachi: Urea sales are projected to experience a significant recovery in December 2024, reaching the highest levels in over four years, Urea off-take is expected to reach 991,000 tons, marking a 58% increase year-on-year and a 52% rise month-on-month...

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Zafar Iqbal of PCJCCI Advocates for Collaboration with China to Boost Pakistan’s Chemical Industry

Lahore: Zafar Iqbal, Vice President of the Pakistan China Joint Chamber of Commerce and Industry (PCJCCI), has emphasized the need for Pakistan to collaborate with China in order to enhance the country's chemical industry and shift its focus from bein...

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Atlas Solar Limited Receives Maintained Ratings from VIS, Outlook Upgraded to Positive

Karachi: VIS Credit Rating Company Limited has maintained the entity ratings of Atlas Solar Limited at 'A/A2' with a revised outlook from 'Stable' to 'Positive'. This reflects good credit quality and a solid likelihood of timely repayment of short-ter...

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Bank AL Habib Limited Maintains AA+ Long-Term Rating Amidst Competitive Landscape

Karachi: Bank AL Habib Limited's long-term rating has been maintained at AA+ by PACRA, reflecting the bank's ongoing efforts to enhance its market position despite increasing competition.

According to The Pakistan Credit Rating Agency Limited, the ...

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