Business News

Lahore: Exhibitions play a crucial role in fostering trade, innovation, and economic growth by providing a platform for businesses to present their products, services, and innovations. This was emphasized by Mian Abuzar Shad, President of the Lahore C...

The post Exhibitions Forge New Business Opportunities at ‘Made in Uzbekistan’ Event appeared first on Pakistan Business News.

Karachi: The Pakistan Banks Association (PBA) has announced the launch of the Pakistan Banking Summit 2025 (PBS'25), a significant industry-led event scheduled for February 24 and 25, 2025, in Karachi. The summit is expected to gather over 1,000 repre...

The post Pakistan Banking Summit 2025: A Major Step Toward Financial Innovation appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has announced an upgrade in the short-term entity rating of Sazgar Engineering Works Limited, elevating it from 'A/A2' to 'A/A1'. The upgrade signals a strong likelihood of timely repayment for short-term obl...

The post VIS Upgrades Sazgar Engineering Short-Term Rating to ‘A/A1’ appeared first on Pakistan Business News.

Karachi: The Karachi Interbank Offered Rate (KIBOR) rates have experienced slight fluctuations across different tenors, as indicated in the latest data release. The rates, which serve as a benchmark for lending between banks, showed mixed movements ac...

The post KIBOR Rates See Marginal Changes Across Various Tenors appeared first on Pakistan Business News.

Karachi: Pakistan's remittance inflows witnessed a significant boost in January 2025, reaching $3 billion, marking a 25% year-on-year increase. Over the cumulative period of the first seven months of fiscal year 2025, overseas Pakistanis remitted $20....

The post Pakistan’s Remittance Inflows Surge by 25% in January appeared first on Pakistan Business News.

Karachi: Lucky Electric Power Company Limited (LEPCL) has been assigned a preliminary 'AA' long-term rating and an 'A1+' short-term rating for its new PKR 6 billion debt instrument, PPSTS-21, by The Pakistan Credit Rating Agency Limited (PACRA). The r...

The post Lucky Electric Power Company Secures ‘AA’ Rating for New Debt Instrument appeared first on Pakistan Business News.

Karachi: The Exchange Companies Association of Pakistan released new currency exchange rates on Tuesday, detailing adjustments in the valuation of several major currencies against the Pakistani Rupee.

According to a statement by Exchange Companies A...

The post Currency Exchange Rates Adjust in Pakistan appeared first on Pakistan Business News.