Business News

Karachi: Lucky Cement Company Limited (LUCK) conducted its Corporate Briefing yesterday to discuss 1QFY25 results and outlook. On a standalone basis, the company reported an EPS of Rs22.4 for 1QFY25, up 1% YoY/down 31% QoQ. Meanwhile, on a consolidate...

The post Lucky Cement’s Strategic Cost Optimization and Renewable Ventures. appeared first on Pakistan Business News.

Lahore: The Punjab government has made a forward-thinking investment of PKR 4 billion to launch the Chief Minister's "Free Solar Panel Project", as reported by a source on November 11.

According to Zameen.Com, this substantial allocation aims to en...

The post Punjab Government Invests PKR 4 Billion in Free Solar Panel Initiative to Cut Energy Bills. appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Shahtaj Textile Limited at 'A-/A2' (Single A Minus/A Two). The long-term entity rating of 'A-' signifies good credit quality with adequate protection factors, though...

The post VIS Reaffirms Entity Rating of Shahtaj Textile Limited. appeared first on Pakistan Business News.

Karachi: The exchange rates for several major currencies saw fluctuations on November 12, 2024, with notable changes observed in the buying and selling rates of the British Pound (GBP) and the Euro (EURO). The data released indicates a decrease in the...

The post Exchange Rates Fluctuate as GBP and EURO Show Decline. appeared first on Pakistan Business News.

Karachi: Standard Chartered Bank (SCB) Pakistan recently introduced a customized IATA EASY PAY solution specifically designed for the Pakistani market. This initiative aims to enhance the BSP ticketing and payment processes for IATA Agents across the ...

The post Standard Chartered Bank Pakistan Develops Tailored IATA EASY PAY Solution for Local Market. appeared first on Pakistan Business News.

Karachi: Pak-Qatar Asset Management Company Limited (PQAMC) is a renowned Islamic Asset Management Company in Pakistan, part of the Pak-Qatar Group, which is the country's pioneer in Islamic financial services. PQAMC has announced a monthly dividend f...

The post Pak-Qatar Asset Management Company Declares PKR 1.9730 Per Unit Dividend for Monthly Income Plan. appeared first on Pakistan Business News.

Karachi: Pakistan's debt-to-GDP ratio declined to 65.7% in September, signaling a reversal in the upward trajectory observed during the last fiscal year, This change represents the lowest level since June 2018, with the domestic debt-to-GDP ratio at 4...

The post Pak’s Debt-to-GDP Ratio Hits 65.7%, Lowest Level Since 2018. appeared first on Pakistan Business News.