General Business News

Karachi: The Pakistan Banks Association (PBA) has announced the launch of the Pakistan Banking Summit 2025 (PBS'25), a significant industry-led event scheduled for February 24 and 25, 2025, in Karachi. The summit is expected to gather over 1,000 repre...

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Karachi: VIS Credit Rating Company Limited has announced an upgrade in the short-term entity rating of Sazgar Engineering Works Limited, elevating it from 'A/A2' to 'A/A1'. The upgrade signals a strong likelihood of timely repayment for short-term obl...

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Karachi: The upcoming fourth-quarter financial results for Pakistan's banks are anticipated to show a year-over-year decrease in core income, primarily due to a contraction in net interest margins (NIMs) and increased taxation. This is expected to ove...

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Karachi: The Korangi Association of Trade and Industry (KATI) and the Sindh Technical Education and Vocational Training Authority (STEVTA) have reached an agreement to strengthen their collaboration to develop a skilled workforce in partnership with t...

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Karachi: Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), announced that the Governor and Chief Minister of Balochistan have endorsed the FPCCI's Balochistan Strategy Summit. The summit aims to ...

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Karachi: Gold prices in Pakistan saw an increase on Tuesday, with local rates reflecting changes in the international market. The price of Gold Tola 24 Kt rose to Rs. 303,100, marking an increase of Rs. 100, while Gold 10gm 24 Kt was priced at Rs. 259...

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Karachi: The State Bank of Pakistan has announced the availability of its Overnight Repo and Reverse Repo Facilities for financial institutions, reflecting its ongoing efforts to manage liquidity in domestic markets. The announcement details the amoun...

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