General Business News

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VIS Maintains ‘AAA/A-1+’ Rating for Pakistan Mortgage Refinance Company

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...

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Auto Sales Expected to Dip in March 2024 After February Surge

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...

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PTCL Group Set to Acquire Telenor Pakistan with IFC Financing

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...

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Business Titan Iftikhar Ali Malik Honored for Lifetime of Achievement and Philanthropy

Lahore, Iftikhar Ali Malik a prominent figure in Pakistan's business and philanthropy spheres, was recently honored by the United Business Group (UBG) for his decades-long contributions to the nation's economic and social development. Malik, who has he...

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Easypaisa Launches ‘eidipaisa’ for Eid ul Fitr Celebrations

Islamabad, Easypaisa, a leading digital financial services platform in Pakistan, has launched its ‘eidipaisa’ campaign, titled “Aap ki eidi Aap ko Mubarak,� to facilitate the exchange of Eidi during the Eid ul Fitr festivities. This initiative allows u...

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Easypaisa Launches ‘eidipaisa’ for Eid ul Fitr Celebrations

Islamabad, Easypaisa, a leading digital financial services platform in Pakistan, has launched its ‘eidipaisa’ campaign, titled “Aap ki eidi Aap ko Mubarak,� to facilitate the exchange of Eidi during the Eid ul Fitr festivities. This initiative allows u...

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FPCCI Calls for Overhaul of Pakistan’s Tax System to Support Economic Growth

Karachi, The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President, Atif Ikram Sheikh, called for a significant overhaul of the nation's tax system, advocating for an expansion of the tax base and simplification of tax regulations ...

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