General Business News

Karachi: Pakistan's remittance inflows witnessed a significant boost in January 2025, reaching $3 billion, marking a 25% year-on-year increase. Over the cumulative period of the first seven months of fiscal year 2025, overseas Pakistanis remitted $20....

The post Pakistan’s Remittance Inflows Surge by 25% in January appeared first on Pakistan Business News.

Karachi: Lucky Electric Power Company Limited (LEPCL) has been assigned a preliminary 'AA' long-term rating and an 'A1+' short-term rating for its new PKR 6 billion debt instrument, PPSTS-21, by The Pakistan Credit Rating Agency Limited (PACRA). The r...

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Karachi: The country's economic challenges were underscored during a recent visit by Hanif Gohar, former Senior Vice President of FPCCI and Secretary General of UBG Sindh, to the Mansehra Chamber of Commerce and Industry. Gohar emphasized the need for...

The post Economic Challenges Highlighted at Mansehra Chamber Event appeared first on Pakistan Business News.

Karachi: Fauji Fertilizer Company Ltd. (FFC) has reported its fourth-quarter earnings following the completion of its merger with Fauji Fertilizer Bin Qasim Limited (FFBL). The earnings for the merged entity amounted to Rs65 billion, translating into ...

The post FFC Earnings Impacted by Merger Adjustments, Future Outlook Stable appeared first on Pakistan Business News.

KARACHI: Mayor Murtaza Wahab has announced a comprehensive master plan focused on the reconstruction of roads and the replacement of sewerage lines in Jodia Bazaar and Kapra Market. This initiative aims to integrate traditional road materials with hig...

The post Master Plan Unveiled to Revamp Karachi’s Key Markets appeared first on Pakistan Business News.

Lahore: MCB Bank Limited has reported a strong financial performance for the year ended December 31, 2024. The Board of Directors, led by Chairman Mian Mohammad Mansha, approved the annual financial statements and declared a final cash dividend of PKR...

The post MCB Bank Posts Robust Financial Results for 2024 appeared first on Pakistan Business News.

Karachi: The currency exchange rates experienced noticeable fluctuations over the course of a few days, with the Euro and the British Pound (GBP) showing significant increases. The latest data indicate changes in buying and selling rates for various c...

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