Business News

Karachi: Pakistan's remittance inflows have continued their upward trajectory in October 2024, surpassing the US$3 billion mark with a substantial 24% year-on-year increase. This marks only the fourth instance in the nation's history where monthly rem...

The post Pakistan’s Remittance Inflows Surpass US$3bn Mark in October 2024. appeared first on Pakistan Business News.

Islamabad: Bank Alfalah, a leading commercial bank in Pakistan, has relaunched its e-commerce platform, AlfaMall, which is now the country's largest formal Buy Now, Pay Later (BNPL) marketplace. The relaunch introduces a BNPL option for the fashion ca...

The post Bank Alfalah Relaunches AlfaMall with Fashion BNPL and Artisanal Support. appeared first on Pakistan Business News.

Islamabad: Developers and Infrastructure Company (Pvt) Limited, in collaboration with Zameen.com, has introduced an exclusive limited-time offer for buyers interested in RJ's Lifestyle Residences. This offer allows for the purchase of apartments, co...

The post Investors Secure Opportunity with Construction-Linked Payment Plan for RJ’s Lifestyle Residences. appeared first on Pakistan Business News.

Karachi: FFBL has reported a remarkable surge in profitability, posting a record profit of PkR18.6 billion in the first nine months of the calendar year 2024, marking a 52-fold increase year-over-year. This significant growth was primarily fueled by h...

The post FFBL Achieves Record Profitability of PkR18.6bn in 9MCY24, Driven by Higher DAP Margins and Increased Urea Offtakes. appeared first on Pakistan Business News.

Karachi: In recent currency exchange transactions, the US dollar and British pound have shown a strengthening trend against the Pakistani Rupee (PKR). USD buying and selling rates have increased slightly from 276.83 and 278.74 on November 8, 2024, to ...

The post Exchange Rates Fluctuate as USD and GBP Strengthen Against PKR. appeared first on Pakistan Business News.

Karachi: Bank Alfalah, one of Pakistan's leading commercial banks, proudly announced the relaunch of AlfaMall, the bank's premier e-commerce platform and the country's largest formal Buy Now, Pay Later (BNPL) marketplace, now featuring an exclusive BN...

The post Bank Alfalah Unveils New AlfaMall with Fashion Category and Buy Now, Pay Later (BNPL). appeared first on Pakistan Business News.

Karachi: ATRL has reported a decrease in net profit after tax (NPAT) for the fiscal year 2024, with figures reaching PkR25.2 billion, marking a 14% year-on-year decline. The decline was attributed to reduced production levels and a drop in gross refin...

The post ATRL Reports Decline in Profit Amid Lower Production and GRM Reduction. appeared first on Pakistan Business News.