Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has assigned an initial instrument rating to Pakistan’s first-ever Green Bond, issued by Parwaaz Financial Services Limited (PFSL). The bond, valued at PKR 1 billion, marks a significant step …
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the entity ratings of Engro Corporation Limited, reflecting the company’s robust risk profile and strong liquidity position. Following a corporate restructuring in January 2025, En…
Lahore: The Pakistan Credit Rating Agency (PACRA) has maintained the entity ratings of Jamal Pipe Industries (Pvt.) Limited, highlighting the company’s strong market presence and financial health. The family-operated business, with over 40 years of ex…
Karachi: Pakistan’s current account balance recorded a deficit of $103 million in May 2025, marking a significant shift in the nation’s financial outlook. The latest figures, released by JS Global, indicate a growing trade deficit as the primary facto…
Karachi: Pakistani car buyers are increasingly opting for hybrid vehicles despite the significant price gap between these and their petrol counterparts, raising questions about the cost-effectiveness of hybrids in the local market. More than 35,000 SU…
Lahore: In an effort to enhance bilateral relations and tap into new economic opportunities, Pakistan and China are prioritizing cultural diversity as a fundamental aspect of their strategic partnership, according to Nazir Hussain, President of the Pa…