General Business News

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KATI Urges Permanent Implementation of Winter Relief Package for Industries.

KARACHI: Korangi Association of Trade and Industry (KATI) President Junaid Naqi has lauded the Prime Minister's announcement of a winter relief package for industries, urging that it be made a permanent initiative and that PKR 33 billion in pending in...

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Exchange Rates Fluctuate as GBP and EURO Show Decline.

Karachi: The exchange rates for several major currencies saw fluctuations on November 12, 2024, with notable changes observed in the buying and selling rates of the British Pound (GBP) and the Euro (EURO). The data released indicates a decrease in the...

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Standard Chartered Bank Pakistan Develops Tailored IATA EASY PAY Solution for Local Market.

Karachi: Standard Chartered Bank (SCB) Pakistan recently introduced a customized IATA EASY PAY solution specifically designed for the Pakistani market. This initiative aims to enhance the BSP ticketing and payment processes for IATA Agents across the ...

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Pak-Qatar Asset Management Company Declares PKR 1.9730 Per Unit Dividend for Monthly Income Plan.

Karachi: Pak-Qatar Asset Management Company Limited (PQAMC) is a renowned Islamic Asset Management Company in Pakistan, part of the Pak-Qatar Group, which is the country's pioneer in Islamic financial services. PQAMC has announced a monthly dividend f...

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Pak’s Debt-to-GDP Ratio Hits 65.7%, Lowest Level Since 2018.

Karachi: Pakistan's debt-to-GDP ratio declined to 65.7% in September, signaling a reversal in the upward trajectory observed during the last fiscal year, This change represents the lowest level since June 2018, with the domestic debt-to-GDP ratio at 4...

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Pakistan’s Textile Industry to Participate in Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) 2025.

Karachi: The three-day Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) is set to commence on February 26, 2025, at the Saigon Expo and Convention Center (SECC) in Ho Chi Minh City, Vietnam. The Trade Development...

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Spotify’s Third Quarter 2024 Earnings Show Significant Growth.

Stockholm: Spotify has reported its third quarter 2024 earnings, demonstrating significant growth across several key performance metrics. The company has made strides towards achieving a full year of profitability, marking a milestone in its financial...

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