Business

Islamabad, The pharmaceutical sector in Pakistan faced a significant downturn in profitability during the calendar year 2023, despite witnessing an 18% year-on-year growth in sales. A detailed review of the financial performance of eight leading compa...

The post Economic Challenges Impact Profits in Pakistan’s Pharmaceutical Sector appeared first on Pakistan Business News.

Islamabad, Dr. Shahid Rasheed Butt, former President of the Islamabad Chamber of Commerce and Industry (ICCI), has highlighted the high cost of electricity as a significant barrier to Pakistan's ability to export goods. In a statement issued on Thursd...

The post High Electricity Costs Hinder Pakistan’s Export Potential, Says Former ICCI President appeared first on Pakistan Business News.

Karachi, The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stable entity ratings of JWS Pakistan (JWSP), a non-banking microfinance company focused on women's entrepreneurial development through microloans, reflecting its solid perf...

The post PACRA Holds Stable Ratings for JWS Pakistan, Highlighting Growth and Community Impact appeared first on Pakistan Business News.

Karachi, VIS Credit Rating Company Ltd. (VIS) has reaffirmed the entity ratings of Muhammad Munir Muhammad Ahmad Khanani Securities (MMMK) at ‘A-/A-2’, indicating a stable outlook and good credit quality with a solid liquidity position and access to c...

The post VIS Maintains Stable Ratings for Muhammad Munir Muhammad Ahmad Khanani Securities appeared first on Pakistan Business News.

Karachi, VIS Credit Rating Company Ltd. (VIS) has elevated the Islamic Syndicated Financing facility rating for OBS Pharma (Private) Limited (OBS Pharma) to ‘A+(blr)’, reflecting the firm's good credit quality and stable economic outlook. This rating ...

The post VIS Credit Rating Company Upgrades OBS Pharma’s Loan Rating to ‘A+(blr)’ with Stable Outlook appeared first on Pakistan Business News.

Karachi, The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of SAFCO Microfinance Company Private Limited (SMCPL) at 'BBB' for long-term and 'A3' for short-term, reflecting a stable outlook and consistent performance a...

The post PACRA Holds SAFCO Microfinance Company Ratings Steady Amidst Operational Growth appeared first on Pakistan Business News.

Karachi, The Karachi Press Club, in collaboration with Unilever Pakistan, organized an interactive session focusing on enhancing the capacity of Pakistani journalists in climate journalism. The event gathered prominent journalists to explore the compl...

The post Karachi Press Club and Unilever Pakistan Forge Alliance for Climate Journalism Development appeared first on Pakistan Business News.