General Business News

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JS Bank’s Roshan Digital Account Offers Financial Flexibility for Overseas Pakistanis

KARACHI: JS Bank has unveiled its Roshan Digital Account, a specialized banking solution for Non-Resident Pakistanis (NRPs), offering a fully digital and flexible platform for managing finances and investments in Pakistan. The account allows easy acce...

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Shirazi Investments’ Ratings Reaffirmed, Reflecting Strong Financial Health

Karachi: The entity ratings of Shirazi Investments (Private) Limited have been reaffirmed at 'AA/A1+' by VIS Credit Rating Company Limited, maintaining a stable outlook. These ratings indicate the company's high credit quality and strong protection fa...

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Foreign Currency Accounts: A Financial Lifeline for Expats and Businesses in Pakistan

Karachi: In the face of Pakistan's increasingly complex economic landscape, foreign currency accounts are emerging as a vital financial tool for expatriates and businesses engaged in international trade. These accounts offer a strategic means to safeg...

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PACRA Assigns Initial Ratings to Pak Elektron Limited, Signals Positive Outlook

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has assigned initial ratings to Pak Elektron Limited (PEL) for its debt instrument, PPSTS II, valued at PKR 2 billion with a maturity date of December 2024. The ratings are A+ for the long term...

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Bangladesh Simplifies Visa Process for Pakistanis to Boost Trade

Lahore: Bangladesh has simplified its visa process for Pakistani nationals, a move aimed at strengthening trade and economic relations between the two South Asian countries. This initiative was announced by Iqbal Hussain Khan, Bangladesh's High Commis...

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Currency Exchange Rates Show Marginal Fluctuations Across Major Currencies

Karachi: The latest currency exchange rates indicate slight changes in the buying and selling prices of several major currencies, with the US dollar, euro, and British pound experiencing minor fluctuations, as reported on January 13, 2025.

According...

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Microfinance Loans Transform Opportunities for Pakistani Entrepreneurs

Karachi: Microfinance loans are emerging as a crucial resource for entrepreneurs in Pakistan, providing vital financial support to those who find traditional banking services inaccessible. These small, unsecured loans are designed to meet the specific...

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