Business

This category covers all news related Business & Finance

ADB Partners with Pakistan to Reduce Greenhouse Gas Emissions Through Rice Farming Initiatives

Islamabad: The Asian Development Bank (ADB) has initiated a series of projects in Pakistan aimed at reducing greenhouse gas emissions, beginning with a pilot project in Punjab's Sheikhupura and Okara districts. The pilot focuses on enhancing water pro...

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VIS Reaffirms ‘A+’ Rating for Mughal Iron & Steel’s Sukuk I Issue

Karachi: VIS Credit Rating Company Limited has reaffirmed the 'A+' (Single A Plus) rating with a 'Stable' outlook for Mughal Iron & Steel Industries Limited's Sukuk I issue. This rating signifies good credit quality with adequate protection factor...

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OGDCL Boosts Production at Revitalized Dars West-1 Well in Sindh

Tando Allah Yar: OGDCL has successfully enhanced the oil and gas output of its Dars West-1 well in Tando Allah Yar, Sindh, following a strategic workover and recompletion in the Lower Goru formation. The initiative has resulted in a substantial increa...

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LCCI Pledges to Advocate for Marriage Halls’ Operational Flexibility.

Lahore: The Lahore Chamber of Commerce and Industry (LCCI) has pledged to address the challenges facing marriage halls by engaging with top government officials. This commitment was articulated by LCCI President Mian Abuzar Shad and Senior Vice Presid...

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Macpac Films Ltd Reports Decline in Profitability Amid Rising Costs.

Karachi: Macpac Films Ltd (MACFL) recently held a corporate briefing to discuss its first quarter financial results for fiscal year 2025 and future outlook. MACFL reported an earnings per share (EPS) of Rs0.13 for 1QFY25, a significant drop from the E...

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VIS Reaffirms Entity Ratings of Golden Harvest Foods (Private) Limited at ‘BBB+/A2’.

Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Golden Harvest Foods (Private) Limited (GHFL) at 'BBB+/A2' (Triple B Plus/A Two). The medium to long-term entity rating of 'BBB+' reflects adequate credit quality, w...

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CPEC Infuses USD 25.4 Billion into Pakistan’s Economy.

Islamabad: Chinese Ambassador Jiang Zaidong recently announced that the China-Pakistan Economic Corridor (CPEC) has brought USD 25.4 billion in direct investment to Pakistan.

According to Zameen.Com, the Corridor has successfully generated 236,000 ...

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