Business News

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Pakistan’s OMCs See Volume Increase Despite Winter Slowdown

Karachi: Oil marketing companies (OMCs) in Pakistan reported a slight increase in volumes for December 2024, with sales reaching 1.28 million tons, marking a 3% year-on-year growth. The cumulative volume for the first half of the fiscal year 2025 was ...

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VIS Reaffirms ‘AA-‘ Fund Stability Rating for Askari Sovereign Yield Enhancer

Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the Fund Stability Rating for Askari Sovereign Yield Enhancer (ASYE) at 'AA-(f)', reflecting a high degree of stability in the Fund's Net Asset Value.

According to VIS Credit Rating Co...

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Atlas Honda Unveils New CG125 in Striking Blue for 2025

Karachi: Atlas Honda has announced the launch of its new CG125 motorcycle in an eye-catching blue color, marking a fresh chapter in the brand's legacy. The launch aims to cater to riders seeking a blend of style and performance as they embark on new a...

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Currency Rates Update Shows Slight Variations in Major Currencies

Karachi: Currency exchange rates in Pakistan have shown slight variations as the new year begins, reflecting changes in the buying and selling prices of major currencies. The data, released by the Exchange Companies Association of Pakistan, highlights...

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Pakistani Exports to U.S. Could Double as Bilateral Trade Surpasses $7 Billion

Karachi: Pakistan's trade relations with the United States have reached a significant milestone, with the bilateral trade volume crossing the $7 billion mark in 2023. This upward trajectory is continuing into 2024, with trade figures already surpassin...

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PCJCCI Proposes “Digital Silk Road” to Strengthen Economic Ties

Lahore: The Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) has called for the establishment of a "Digital Silk Road" to maximize the benefits of the economic corridor that China plans to construct in the Asia-Pacific region. Nazir Huss...

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