General Business News

Karachi, Muhammad Kamran Arbi, President of the S.I.T.E Association of Industry, has warned that the recent increases in the prices of petroleum, oil, and lubricants (POL) are severely impacting the industrial sector and the economy at large. In a pres...

The post SITE President Calls for Action as Rising Production Costs Threaten Factory Operations appeared first on Pakistan Business News.

Karachi, The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) announced the appointment of Shabbir Mansha Churra as the Chairman of the Pakistan-China Business Council for the term 2024-25. Atif Ikram Sheikh, President of FPCCI, express...

The post Shabbir Mansha Churra Named Chairman of Pakistan-China Business Council appeared first on Pakistan Business News.

Karachi, The ongoing visit of a Saudi delegation led by Foreign Minister Faisal Bin Farhan Al Saud to Pakistan is expected to significantly stimulate Pakistan’s economy and attract further foreign investments. Organized by the United Business Group (UB...

The post Saudi Delegation’s Visit to Boost Pakistan’s Economy and Attract More Foreign Investment appeared first on Pakistan Business News.

Karachi, Iftikhar Ali Malik, the Founder Chairman of United Business Group and former President of SAARC Chamber of Commerce, highlighted the crucial role of Pakistan’s business community in national economic efforts and criticized past policies for ha...

The post Karachi Business Leader Criticizes Past Policies for Economic Setbacks, Urges Agricultural Focus appeared first on Pakistan Business News.

Lahore, VIS Credit Rating Company Limited (VIS) has reaffirmed the ‘AAA/A-1+’ credit rating for Pakistan Mortgage Refinance Company Limited (PMRC), indicating a stable outlook and high credit quality similar to government securities.

According to VI...

The post VIS Maintains ‘AAA/A-1+’ Rating for Pakistan Mortgage Refinance Company appeared first on Pakistan Business News.

Karachi, Following an impressive year-on-year growth in February 2024, the automobile industry is set to face a decline in sales for March 2024, with the three major listed auto companies anticipated to report a collective 3% decrease in sales, totali...

The post Auto Sales Expected to Dip in March 2024 After February Surge appeared first on Pakistan Business News.

Islamabad, The International Finance Corporation (IFC) has approved financing for PTCL Group's acquisition of Telenor Pakistan, marking a significant development in Pakistan's telecom industry. This move follows a share purchase agreement signaling ma...

The post PTCL Group Set to Acquire Telenor Pakistan with IFC Financing appeared first on Pakistan Business News.