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Category: Business

PACRA Revises Ratings for TPL Corp Amid Strategic Shifts

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has announced an update to the entity ratings of TPL Corp Limited, a key holding company within the TPL Group. The update comes amidst TPL Corp’s strategic maneuvers in various sectors, includ…

Pak-Qatar Announces Dividend for Monthly Income Plan

Karachi: Pak-Qatar Asset Management Company Limited (PQAMC), a prominent Islamic asset management firm in Pakistan, has declared a dividend of PKR 0.6900 per unit for its Pak-Qatar Monthly Income Plan (PQMIP) for October 2025. This announcement unders…

CPEC Phase II: A Shift Toward Economic Self-Sufficiency

KARACHI: Mian Zahid Hussain, a prominent business leader, highlighted the transformative potential of the China-Pakistan Economic Corridor (CPEC) Phase II during a recent address. As the President of the Pakistan Businessmen and Intellectuals Forum an…

Pakistan Banks Report Profit Rise Despite Interest Rate Decline

Karachi: Pakistan’s listed banks reported a rise in profitability, recording Rs171 billion in the third quarter of 2025, reflecting an 8% increase year-on-year and a 2% rise quarter-on-quarter.

The banks achieved these gains despite a decline in in…