Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has announced that it will maintain the long-term entity rating of A+ for Soneri Bank Limited’s Tier 2 Capital Term Finance Certificate (TFC) valued at PKR 4 billion. The outlook remains stable…
Islamabad: Pakistan is facing a severe environmental crisis, ranking among the top ten most vulnerable countries on the Climate Risk Index for the past two decades and currently listed as the fifth most vulnerable globally by the United Nations. This …
Karachi: The Exchange Companies Association of Pakistan released the latest foreign exchange rates, indicating slight fluctuations in the values of major currencies against the Pakistani Rupee. The current exchange rates reveal minimal changes in the …
Karachi: LOTCHEM, the sole producer of Purified Terephthalic Acid (PTA) in Pakistan, announced a significant rise in its revenue by 43% for the first nine months of the calendar year 2024, reaching PkR88.9 billion compared to PkR62.1 billion in the sa…
Karachi: Pak-Qatar Asset Management Company Limited (PQAMC) has announced reaching a significant milestone by surpassing PKR 50 billion in Assets Under Management (AUM) within its first two years of operations. This accomplishment places PQAMC among t…
Karachi: Recent data released by the Exchange Companies Association of Pakistan indicates fluctuations in currency exchange rates over a two-day period. The data shows changes in the buying and selling rates for major currencies, including the US Doll…