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 upcoming fourth-quarter financial results for Pakistan's banks are anticipated to show a year-over-year decrease in core income, primarily due to a contraction in net interest margins (NIMs) and increased taxation. This is expected to ove...

The post Banks’ Core Income Faces Decline in Fourth Quarter appeared first on Pakistan Business News.

Karachi: Pakistan's auto industry experienced a notable increase in sales in January 2025, with total industry volumes rising by 31% compared to the same period last year. The surge was primarily driven by a significant 52% increase in passenger car a...

The post Auto Sales Surge in Pakistan as New Year Drives Demand appeared first on Pakistan Business News.

Karachi: The Korangi Association of Trade and Industry (KATI) and the Sindh Technical Education and Vocational Training Authority (STEVTA) have reached an agreement to strengthen their collaboration to develop a skilled workforce in partnership with t...

The post KATI and STEVTA Forge Alliance to Boost Vocational Training appeared first on Pakistan Business News.

Karachi: Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), announced that the Governor and Chief Minister of Balochistan have endorsed the FPCCI's Balochistan Strategy Summit. The summit aims to ...

The post Balochistan Summit Gains Support from Provincial Leadership appeared first on Pakistan Business News.

Karachi: Gold prices in Pakistan saw an increase on Tuesday, with local rates reflecting changes in the international market. The price of Gold Tola 24 Kt rose to Rs. 303,100, marking an increase of Rs. 100, while Gold 10gm 24 Kt was priced at Rs. 259...

The post Gold Prices Rise in Pakistan Amid International Market Fluctuations appeared first on Pakistan Business News.