Business News

Karachi: The Consumer Price Index (CPI) for December 2024 has shown a decrease, registering at 4.1%, primarily attributed to a favorable base effect from last year's high inflation levels. The average CPI for the first half of fiscal year 2025 stands ...

The post December CPI Decreases to 4.1% Due to Base Effect appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has reaffirmed the Fund Stability Rating of the Askari Cash Fund at 'AA+(f)', indicating a high degree of stability in the fund's net asset value. The fund, managed by Pak Oman Asset Management Company Limite...

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Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the credit rating of Askari Bank Limited’s Tier I debt instrument at AA-, with a stable outlook. This decision underscores the bank's robust ownership structure and strategic aff...

The post Askari Bank’s Rating Maintained by PACRA Amidst Strategic Expansion appeared first on Pakistan Business News.

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...

The post Pakistani Exports to U.S. Could Double as Bilateral Trade Surpasses $7 Billion appeared first on Pakistan Business News.

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...

The post PCJCCI Proposes “Digital Silk Road” to Strengthen Economic Ties appeared first on Pakistan Business News.

Lahore: An 11-member delegation from China's Xingjian province visited Pakistan following an invitation from the Pakistan China Joint Chamber of Commerce and Industry (PCJCCI). The delegation, led by the Mayor of Yecheang and Wang Xiangbing, Chairman ...

The post Chinese Delegation Explores Renewable Energy and Construction Opportunities in Pakistan appeared first on Pakistan Business News.

Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and the Balochistan Board of Investment & Trade (BBoIT) have announced plans to jointly organize the Balochistan Summit 2025. Scheduled for January 27-28 in Isla...

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