Business

This category covers all news related Business & Finance

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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DGKC Reports Profit Turnaround in FY24 Amid Increased Sales and Strategic Export Focus.

Karachi: DG Khan Cement Company Limited (DGKC) has announced a significant turnaround in its financial performance for the fiscal year 2024, reporting a profit of PKR 542 million (Earnings Per Share: 1.24) in contrast to a loss of PKR 3.6 billion (Los...

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Punjab Government Invests PKR 4 Billion in Free Solar Panel Initiative to Cut Energy Bills.

Lahore: The Punjab government has made a forward-thinking investment of PKR 4 billion to launch the Chief Minister's "Free Solar Panel Project", as reported by a source on November 11.

According to Zameen.Com, this substantial allocation aims to en...

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VIS Reaffirms Entity Rating of Shahtaj Textile Limited.

Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Shahtaj Textile Limited at 'A-/A2' (Single A Minus/A Two). The long-term entity rating of 'A-' signifies good credit quality with adequate protection factors, though...

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VIS Assigns Initial Ratings to Noventa Pharma (Private) Limited.

Karachi: VIS Credit Rating Company Limited (VIS) has assigned initial entity ratings of 'A/A2' (Single A/A Two) to Noventa Pharma (Private) Limited ('NPL' or the 'Company'). Medium to long term rating of 'A' indicates good credit quality; protection f...

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PACRA Maintains Ratings for Glamour Textile Mills Limited Amid Industry Challenges.

Lahore: The Pakistan Credit Rating Agency Limited has announced that it is maintaining the entity ratings for Glamour Textile Mills Limited, reflecting the company's sustained performance despite significant industry challenges. The ratings for Glamou...

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