Business

Karachi, Iftikhar Ali Malik, the Founder Chairman of United Business Group and former President of SAARC Chamber of Commerce, highlighted the crucial role of Pakistan’s business community in national economic efforts and criticized past policies for ha...

The post Karachi Business Leader Criticizes Past Policies for Economic Setbacks, Urges Agricultural Focus appeared first on Pakistan Business News.

Islamabad, The International Finance Corporation (IFC) has approved financing for PTCL Group's acquisition of Telenor Pakistan, marking a significant development in Pakistan's telecom industry. This move follows a share purchase agreement signaling ma...

The post PTCL Group Set to Acquire Telenor Pakistan with IFC Financing appeared first on Pakistan Business News.

Karachi, The Exchange Companies Association of Pakistan reported slight fluctuations in foreign exchange rates for major currencies including the US dollar, euro, and British pound on April 9, 2024, compared to the previous day.

According to Exchang...

The post Currency Rates Fluctuate in Pakistan’s Forex Market appeared first on Pakistan Business News.

Lahore, VIS Credit Rating Company Limited (VIS) has reaffirmed the ‘AAA/A-1+’ credit rating for Pakistan Mortgage Refinance Company Limited (PMRC), indicating a stable outlook and high credit quality similar to government securities.

According to VI...

The post VIS Maintains ‘AAA/A-1+’ Rating for Pakistan Mortgage Refinance Company appeared first on Pakistan Business News.

Karachi, VIS Credit Rating Company Limited (VIS) has raised the entity ratings of Madina Oil Refinery Limited (MORL) from 'BBB-/A-2' to 'BBB/A-2', reflecting improvements in profitability and capitalization. The medium to long-term rating upgrade sign...

The post Madina Oil Refinery Limited’s Ratings Upgraded by VIS appeared first on Pakistan Business News.

Karachi, VIS Credit Rating Company Limited (VIS) has raised the entity ratings of Madina Oil Refinery Limited (MORL) from 'BBB-/A-2' to 'BBB/A-2', reflecting improvements in profitability and capitalization. The medium to long-term rating upgrade sign...

The post Madina Oil Refinery Limited’s Ratings Upgraded by VIS appeared first on Pakistan Business News.

Karachi, Following an impressive year-on-year growth in February 2024, the automobile industry is set to face a decline in sales for March 2024, with the three major listed auto companies anticipated to report a collective 3% decrease in sales, totali...

The post Auto Sales Expected to Dip in March 2024 After February Surge appeared first on Pakistan Business News.