The share of corporates struggling to meet their debt obligations has reduced since the covid peaks but a broad-based recovery is still awaited, shows an analysis by India Ratings and Research.
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By Ismail Dilawar( Bloomberg) A bunch of Pakistan’s biggest companies have halted operations in the past months as they ran out of raw materials or foreign exchange, or both, compounding the.
A majority of Pakistan's largest businesses have stopped operations recently due to a lack of raw materials, foreign exchange, or both, adding to the woes of an economy seeking to avoid a debt default. According to a statement to the stock market on Friday, the local division of Suzuki Motor Corp. prolonged the closure of its manufacturing plant until February 21 due to