General Business News

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Pakistan and Bangladesh Urged to Consider Free Trade Agreement for Growth

Karachi: The President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Atif Ikram Sheikh, has called for the establishment of a free trade agreement (FTA) or a preferential trade agreement (PTA) between Pakistan and Bangladesh...

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Pakistan’s Large-Scale Manufacturing Sees Continued Decline

Karachi: Large Scale Manufacturing (LSM) in Pakistan has recorded a year-on-year decline of 3.8% in November 2024, marking the fourth instance of negative growth in the past six months. This downturn has contributed to a cumulative negative growth of ...

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VIS Assigns ‘BFR3’ Rating to Pearl Securities Limited

Karachi: VIS Credit Rating Company Ltd. has assigned an initial Broker Fiduciary Rating of 'BFR3' to Pearl Securities Limited, marking the brokerage firm as maintaining good fiduciary standards with a stable outlook.

According to a statement by VIS ...

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Bestway Cement Earns Certification for Greenhouse Gas Emissions

Islamabad: Bestway Cement Limited has announced that it has received the ISO 14064-1:2018 certification for Greenhouse Gas Emissions. The certification was awarded by TUV Austria Bureau of Inspection and Certification (BIC) in Pakistan and encompasses...

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Tractor Boom Powers Auto Sector Surge in December 2024

Karachi: In December 2024, Pakistan's auto sector experienced a substantial increase in sales volumes, marking a 99% year-on-year growth with total industry sales reaching 17,002 units. This surge was predominantly driven by a 170% rise in tractor sal...

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Currency Exchange Rates Fluctuate: USD, Euro, and JPY Experience Shifts

Karachi: Recent data indicates fluctuations in currency exchange rates, with notable changes observed in the USD, Euro, and JPY rates. These shifts reflect ongoing trends in the global currency market, impacting buying and selling rates across various...

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Vivo Y200 Launches in Pakistan: New Smartphone with Advanced Features Now Available

Karachi: Vivo, a technology brand, announced the availability of its latest smartphone, the Y200, in Pakistan. The new device is equipped with features like 80W FlashCharge technology and a 5000mAh battery, promising extended connectivity for users. I...

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