Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), led by its President Atif Ikram Sheikh, has secured a commitment from the Federal Minister for Maritime Affairs, Junaid Anwar Chaudhry, to establish Pakistan’s own shipping…
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of Masood Textile Mills Limited, highlighting the company’s robust position in the value-added textile sector. The company’s strategic focus on high-margin, fa…
KARACHI: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the entity ratings of K-Electric Limited, the sole vertically integrated power utility in Pakistan. The affirmation comes amid the company’s ongoing efforts to ensure a stable pow…
Karachi: The State Bank of Pakistan (SBP) announced that on June 4, 2025, there was significant activity in its Overnight Reverse Repo Facility, with nine institutions engaging in transactions amounting to Rs. 418,500 million. In contrast, there were …
Karachi: The State Bank of Pakistan has announced a new ceiling for financial institutions, setting the limit at 418,500 for nine institutions. The decision, made public through a recent press release, outlines the regulatory changes without specifyin…
Karachi: Cement dispatches in May 2025 reached their highest level in nearly two years, driven by an upswing in construction activity. According to a report from AKD Securities Limited, a total of 4.65 million tons of cement were dispatched, marking a…