Business News

Islamabad: Bank Alfalah has announced a significant collaboration with The Citizens Foundation (TCF) to support communities affected by the 2022 floods in Pakistan. The initiative, part of Bank Alfalah's Flood Relief Program, allocates an additional P...

The post Bank Alfalah Joins Forces with TCF to Rebuild Flood-Hit Areas appeared first on Pakistan Business News.

KARACHI: Pakistan State Oil (PSO) and Attock Petroleum Limited (APL) have projected notable financial outcomes for the second quarter of fiscal year 2025, with PSO anticipating a significant profit increase and APL expecting a marginal decline in prof...

The post PSO and APL Project Positive Financial Outcomes Amid Market Shifts appeared first on Pakistan Business News.

Lahore: The Bank of Punjab has sustained its strong financial standing as the Pakistan Credit Rating Agency Limited (PACRA) affirmed the bank's long-term credit rating at AA with a stable outlook, according to a recent press release. The rating reflec...

The post The Bank of Punjab Maintains Strong Financial Position Amid Market Challenges appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Lahore Sialkot Motorway Infrastructure Management (Pvt.) Limited (LSMIML) at 'A-/A2', reflecting strong credit quality and a stable outlook. This decision underscores the ...

The post VIS Reaffirms Ratings for Lahore Sialkot Motorway Management Firm appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has withdrawn the entity ratings assigned to Cotton Web Limited, effective immediately, following the management's decision to discontinue the ratings. The previous rating action for the company was announced...

The post VIS Withdraws Ratings for Cotton Web Limited appeared first on Pakistan Business News.

Lahore: Azerbaijan is set to strengthen its economic ties with Pakistan by opening a Trade Center in Lahore, marking a significant step towards enhancing bilateral trade, investment, and business-to-business relations. The announcement was made by Kha...

The post Azerbaijan to Establish Trade Center in Lahore to Boost Economic Ties appeared first on Pakistan Business News.

Karachi: The exchange rates for several major currencies, including the US dollar, euro, and British pound, displayed slight variations in Pakistan over a one-day period, reflecting ongoing fluctuations in the interbank market. These adjustments are p...

The post Currency Rates Show Marginal Changes in Pakistan appeared first on Pakistan Business News.