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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Romina Alam Urges Unified Effort to Tackle Climate Change

Islamabad: Romina Khurshid Alam, Coordinator to the Prime Minister on Climate Change, has emphasized the need for a collective approach to address the pressing issue of climate change, highlighting the role of media in raising awareness.

According t...

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Diamer Bhasha Dam Construction Pushes Forward, National Assembly Informed

Islamabad: The National Assembly convened to discuss the rapid progress of the Diamer Bhasha Dam, currently underway at full speed. The session, chaired by Deputy Speaker Syed Ghulam Mustafa Shah, emphasized the project's significance in enhancing the...

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