General Business News

Karachi, The SITE Association of Industry (SAI), representing Pakistan's most substantial industrial sector, has formally submitted a series of budget proposals aimed at halting deindustrialization and promoting reindustrialization to boost economic gr...

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Karachi, The Oil and Gas Development Company Limited (OGDCL) has announced a significant increase in production at Nashpa Well-10, now reaching 1870 barrels per day (BPD) of oil, following successful optimization initiatives. The enhancement efforts, w...

The post Nashpa Well-10 Sees Significant Production Increase Following Rigless Interventions appeared first on Pakistan Business News.

Karachi, Large-scale manufacturing (LSM) has recorded a 2.0% year-over-year growth in March 2024, continuing its upward trend for the fourth consecutive month. However, the nine-month fiscal year 2024 (9MFY24) figures remained nearly flat with a margi...

The post Large-Scale Manufacturing in city Sees 2% Growth in March, Marking Fourth Consecutive Month of Gains appeared first on Pakistan Business News.

Islamabad, The latest figures released by the Exchange Companies Association of Pakistan show a continuation of currency value fluctuations in Pakistan, with changes noted in the buying and selling rates of major currencies including the USD, EURO, GB...

The post Currency Fluctuations Continue in Pakistan with Notable Changes in Major Currencies appeared first on Pakistan Business News.

Islamabad, The Pakistan Credit Rating Agency (PACRA) has maintained its debt instrument rating for Samba Bank Limited (SBL), supported by the strong financial profile of its major shareholder, Saudi National Bank (SNB), the largest commercial bank in ...

The post PACRA Upholds Samba Bank Limited’s Debt Instrument Rating Amid Ownership Change appeared first on Pakistan Business News.

Karachi, Bank Al Habib has introduced new features for QR code payments on its mobile application, enabling both merchants and customers to generate and scan QR codes for transactions more efficiently. This update is part of the bank's ongoing effort ...

The post Bank Al Habib Enhances Mobile App with New QR Code Payment Features appeared first on Pakistan Business News.

Islamabad, The Pakistan Credit Rating Agency (PACRA) has maintained its debt instrument rating for Samba Bank Limited (SBL), supported by the strong financial profile of its major shareholder, Saudi National Bank (SNB), the largest commercial bank in ...

The post PACRA Upholds Samba Bank Limited’s Debt Instrument Rating Amid Ownership Change appeared first on Pakistan Business News.