Day: November 7, 2023

ISLAMABAD , The cost of the Bhara Kahu bypass construction project has risen to PKR 8 billion, a significant increase from the originally approved budget of PKR 6.5 billion. This escalation in the project’s financial requirements is attributed to an ex…

The post Bhara Kahu Bypass Project Budget

KARACHI, Auto sales in Pakistan are expected to remain low in October 2023, as the three listed Original Equipment Manufacturers (OEMs) are likely to report a combined sales volume of just 5,300 units. This figure represents a steep 59% year-over-year …

The post Pakistan’s Auto Sales Face Sharp

SIALKOT, The Pakistan Credit Rating Agency (PACRA) has assigned a preliminary long-term rating of ‘AA+’ and a short-term rating of ‘A1+’ to The Hub Power Company Limited (HUBCO) for its proposed Pakistan Power Sector Term Finance Certificates (PPSTS) o…

The post Hub Power Company Receives AA+ Rating with

SIALKOT, Mughal Iron & Steel Industries Limited has retained its ‘A+’ long-term and ‘A1’ short-term credit ratings, with a stable outlook for its PKR 2 billion Pakistan Power Sector Term Finance Certificates (PPCP), as per the latest re…

The post PACRA Maintains A+ Rating for Mughal Iron &