Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has upgraded the entity rating of Techno Time Construction (Pvt.) Limited. The company’s long-term rating has been elevated from BBB to BBB+, while its short-term rating remains at A2. The out…
Karachi: The energy and power sector is poised for a significant downturn, with earnings anticipated to decline by 39% this quarter compared to the same period last year. Key factors contributing to this decline include the absence of tax breaks, redu…
Sialkot: In a recent statement, the President of the Sialkot Chamber, Mr. Ikram ul Haq, has called for immediate policy reforms to invigorate Pakistan’s housing and construction sector, emphasizing its crucial role in the national economy. He highligh…
Karachi: Inflation in January 2025 is projected to decline to a nine-year low of 2.8%, continuing a noticeable trend of disinflation, as reported by JS Global. Despite a 0.6% month-on-month increase, the consumer price index (CPI) is anticipated to re…
Lahore: Honda Atlas Cars Pakistan Limited (HCAR) announced a substantial increase in its quarterly profits, highlighting a shift in its sales mix and improved margins. The company revealed a profit after tax (PAT) of PkR566 million for the third quart…
Karachi: President of the Korangi Association of Trade and Industry (KATI), Junaid Naqi, has outlined critical measures aimed at revitalizing Pakistan’s housing sector, which he claims could unlock $100 billion in investment potential and provide subs…