Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates, indicating stability in the financial market. The rates, reflecting transactions from May 21, 2025, were disseminated through their official communica…
Karachi: TCL has announced a new partnership with AlfaMall to offer 0% markup installment plans for its range of televisions and air conditioners. This initiative allows customers to purchase Smart TVs, 4K UHD TVs, QLED TVs, Mini LED displays, and ene…
Karachi: The Pakistan Credit Rating Agency (PACRA) has announced the maintenance of the broker fiduciary rating (BFR) for Ismail Iqbal Securities (Pvt.) Limited (IISPL) at BFR 3+ with a stable outlook. This decision reflects the company’s strong posit…
Karachi: The State Bank of Pakistan announced a new floor limit for institutional investments, setting the amount at 60,000 for one institution, effective from May 20, 2025. This adjustment aims to regulate the flow of investments within the banking s…
Karachi: The Karachi Interbank Offered Rate (KIBOR) showed slight variations across different tenors, according to data released by the State Bank of Pakistan. The latest figures indicate minor adjustments in both bid and offer rates for various time …
Karachi: Sheikh Umar Rehan, the Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), has called on the federal government to abolish Section 8B of the Sales Tax Act for the ghee and cooking oil industry in the upcoming budget. He addre…
Karachi: Standard Chartered has announced in its latest report that global Islamic finance assets are anticipated to exceed $7.5 trillion by 2028. This projection marks a significant growth of 36% over the next four years, as the sector undergoes expa…
Karachi: Bank Al Habib Limited has announced a new promotional offer, “Midweek Makeovers,” available exclusively to its customers using AL Habib VISA debit cards. This offer provides cardholders with the opportunity to enjoy discounts on transactions,…
Karachi: A significant meeting convened between a delegation from the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and U.S. government trade agencies. Key figures from FPCCI, including Zubair Tufail and Samina Fazil, engaged in tal…
Sahiwal:The tenth death anniversary of renowned playback singer A. Nayyar was observed today (Wednesday). A. Nayyar, whose full name was Arther Nayyar, was a celebrated figure in the music industry, particularly known for his contributions to playback…
