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Category: Business

First Paramount Modaraba’s Ratings Reaffirmed Amid Strategic Shift

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of First Paramount Modaraba at ‘BBB/A3’. The ratings reflect adequate credit quality with a stable outlook. The medium to long-term rating of ‘BBB’ signifies reasonable prote…

Tractor Boom Powers Auto Sector Surge in December 2024

Karachi: In December 2024, Pakistan’s auto sector experienced a substantial increase in sales volumes, marking a 99% year-on-year growth with total industry sales reaching 17,002 units. This surge was predominantly driven by a 170% rise in tractor sal…

Bestway Cement Earns Certification for Greenhouse Gas Emissions

Islamabad: Bestway Cement Limited has announced that it has received the ISO 14064-1:2018 certification for Greenhouse Gas Emissions. The certification was awarded by TUV Austria Bureau of Inspection and Certification (BIC) in Pakistan and encompasses…