Business News

ISLAMABAD: Secure Logistics Trax Group Limited, a newly formed entity following the merger of Secure Logistics Group Limited and Trax Online, has successfully maintained its entity ratings, according to The Pakistan Credit Rating Agency Limited (PACRA...

KARACHI: Mobilink Microfinance Bank Limited (MMBL) has been supported by a significant capital injection from its majority shareholder, VEON Microfinance Holding B.V., in a strategic move to strengthen its financial standing amid challenging economic ...

KARACHI: Mian Zahid Hussain, a prominent figure in Pakistan's business community, has expressed significant concern regarding the widening trade deficit, which he claims poses a major threat to the country's economic stability. The trade deficit for t...

Karachi: Pakistan's automotive sector experienced a significant increase in sales during September 2025, with total industry sales soaring to 18,788 units, marking a 61 percent year-on-year rise. This growth was driven largely by a 67 percent increase...

KARACHI: The Korangi Association of Trade and Industry (KATI) has firmly rejected the proposed Gas Transition Levy on captive power consumers, criticizing it as unjustified and based on flawed cost estimates. The association's president, Mohammad Ikra...

Karachi: PABC is poised to report a significant increase in earnings per share (EPS) for the third quarter of the calendar year 2025, with a projected 13% year-on-year rise to Rs5.33. This brings the EPS for the first nine months of 2025 to an estimat...

Karachi: The banking sector in Pakistan is poised for a modest growth in earnings for the third quarter of 2025, according to a recent analysis. The Topline Banking Universe is projected to see a 2% year-on-year increase in earnings, driven primarily ...