Business News

Karachi, VIS Credit Rating Company Limited (VIS) has announced the withdrawal of the entity ratings assigned to Chiniot Textile Mills Limited (CTML) with immediate effect due to the non-renewal of the rating contract. The previous rating action was di...

The post VIS Withdraws Entity Ratings of Chiniot Textile Mills Limited appeared first on Pakistan Business News.

Karachi, Luck Cement Ltd. (LUCK) conducted its corporate briefing to provide investors with an overview of its financial performance for the first nine months of fiscal year 2024 (9MFY24) and offered insights into the company's future outlook.

Accor...

The post Luck Cement Ltd. Analyst Briefing Reveals 9MFY24 Performance Insights appeared first on Pakistan Business News.

Karachi, The State Bank of Pakistan (SBP) has decided to maintain its policy rate at 22%, as revealed in its recent monetary policy statement. This decision comes amid a backdrop of declining inflation and ongoing economic stabilization measures.

Ac...

The post State Bank of Pakistan Holds Policy Rate at 22% Amid Economic and Fiscal Stabilization Efforts appeared first on Pakistan Business News.

Karachi, Indus Motor Company Limited (INDU) has announced a notable rise in profitability for the third quarter of fiscal year 2024, posting a profit after tax (PAT) of PKR 4.4 billion, a significant increase from PKR 1.7 billion in the previous quart...

The post Indus Motor Company Records Significant Profit Increase in Third Quarter FY24 appeared first on Pakistan Business News.

Karachi, Nestle Pakistan was acknowledged at the Overseas Investors Chamber of Commerce and Industry Women Empowerment Awards 2023, held in Karachi, where it secured the first runner-up position. The recognition underscores Nestle Pakistan’s steadfast...

The post Nestle Pakistan Recognized at 6th OICCI Women Empowerment Awards 2023 appeared first on Pakistan Business News.

Islamabad, The Federal Board of Revenue (FBR) is preparing to roll out updated property values starting July 1, following a hiatus of two years since the last valuation in March 2022,

According to Zameen.Com, The initiative aims to integrate new hou...

The post FBR Set to Revise Property Values Effective July 1 appeared first on Pakistan Business News.

Islamabad, Dubai's Department of Economy and Tourism (DET) will assemble 129 key partners and stakeholders at the 31st edition of the Arabian Travel Market (ATM), aiming to exhibit the emirate’s innovative and diverse destination offerings. The event,...

The post Dubai’s Department of Economy and Tourism to Unite City’s Tourism Ecosystem at Arabian Travel Market 2024 appeared first on Pakistan Business News.