Pakistan Sets Sights on Electric Vehicle Revolution with New Policy

Islamabad: In a move aimed at transforming Pakistan's transport sector, Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb presided over a meeting focused on the New Energy Vehicle (NEV) Policy 2025. The policy seeks to tackle challen...

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Pakistan Dismisses Indian Allegations, Affirms Stance on Regional Issues

Islamabad: Pakistan has firmly rejected recent accusations from India's Defense Minister and Chief of Army Staff, asserting that Jammu and Kashmir remain a disputed territory whose status is to be resolved in line with United Nations Security Council ...

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PACRA Affirms Ratings for Loads Limited Amidst Economic Challenges

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its entity ratings for Loads Limited, a notable manufacturer in Pakistan's automotive sector. The company's long-term rating remains at 'A' and short-term rating at 'A1,' with a...

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PCJCCI and GREF Discuss Strategies to Boost Regional Economic Ties

Lahore: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) held a significant meeting with the Golden Ring Economic Forum (GREF), focusing on strategies to enhance regional economic collaboration. The discussion centered on innovative ...

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VIS Assigns ‘BFR3’ Rating to Pearl Securities Limited

Karachi: VIS Credit Rating Company Ltd. has assigned an initial Broker Fiduciary Rating of 'BFR3' to Pearl Securities Limited, marking the brokerage firm as maintaining good fiduciary standards with a stable outlook.

According to a statement by VIS ...

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Pakistan’s Large-Scale Manufacturing Sees Continued Decline

Karachi: Large Scale Manufacturing (LSM) in Pakistan has recorded a year-on-year decline of 3.8% in November 2024, marking the fourth instance of negative growth in the past six months. This downturn has contributed to a cumulative negative growth of ...

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Pakistan Finance Minister Urges Japanese Investment in Key Sectors

Islamabad: Pakistan's Finance Minister, Senator Muhammad Aurangzeb, has called on Japanese investors to consider expanding their investments in the country, particularly within the manufacturing and production sectors. The appeal was made during a mee...

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