General Business News

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity rating for Starch Pack (Pvt.) Limited, highlighting the company's strong ties with the Packages Group despite ongoing operational challenges. Starch Pack, a key player...

Karachi: Pakistan National Shipping Corp Limited (PNSC) held a corporate briefing outlining its financial performance and future plans. The company revealed a profit after tax of Rs6.6 billion for FY25, despite a 25% drop in revenue. An ambitious $500...

Islamabad: Mobilink Bank, a leading digital microfinance institution, has partnered with IMARAT Group, a major player in the real estate sector, to enhance housing finance access in Pakistan amid a severe housing shortage. This collaboration aims to l...

Lahore: The Pak-China G.B Sports Event, known as the Josh Games - Lawn Tennis, concluded with a symbolic tie, marking a celebration of unity and friendship between the two nations. Organized by the Pakistan China Joint Chamber of Commerce and Industry...

KARACHI: The SITE Association of Industry (SAI) has praised Prime Minister Shehbaz Sharif's decision to eliminate the 0.25 percent Export Development Surcharge (EDS), calling it a strategic move expected to strengthen the national export sector. This ...

KARACHI: Unity Foods Limited (UNITY) offered insights into its financial performance and future strategy during a corporate briefing held on Thursday. The company reported a profit after tax (PAT) of Rs1.6 billion for the fiscal year 2025, translating...

Karachi: The market experienced a volatile trading session, opening on a positive note but closing with a decline of 834 points at 162,103. The index reached an intraday high of 421 points and a low of 1,083 points before settling. Trading volumes inc...