Karachi: The Pakistan Credit Rating Agency (PACRA) has upheld the entity ratings of Meskay and Femtee Trading Company (Pvt.) Ltd., a key player in the rice export sector. The decision reflects the company’s notable standing in the national market, bac…
Karachi: Pakistan’s leading telecommunication provider, PTCL Group, has announced a partnership with TPL Insurance to introduce a new financial guarantee system aimed at facilitating the adoption of digital tools and equipment across various industrie…
Karachi: The ABL Cash Fund, a low-risk investment vehicle, continues to show stability and resilience, maintaining a robust creditworthiness profile and immediate liquidity access for its investors. The Pakistan Credit Rating Agency Limited (PACRA) ha…
Karachi: The State Bank of Pakistan released the latest weighted average customer exchange rates, providing an updated guide for both buying and selling of major currencies. According to the Domestic Markets and Monetary Management Department, the rat…
Karachi: Fauji Fertilizer Company Ltd. (FFC) announced that its Board of Directors has approved the submission of an Expression of Interest (EOI) for the potential acquisition of stakes in Pakistan International Airlines Corporation Ltd. (PIACL). This…
Karachi: Airlink Communication Limited, a prominent player in Pakistan’s mobile phone distribution and assembly sectors, has been assigned initial credit ratings by the Pakistan Credit Rating Agency (PACRA). These ratings underscore the company’s robu…