Business

Islamabad, Pakistan witnessed a significant surge in remittances in October 2023, reaching USD 2.46 billion, a 10% increase year-on-year (YoY) from the USD 2.24 billion recorded in the same month last year. This upswing breaks a months-long streak and ...

The post Pakistan’s Remittances Hit $2.46 Billion in October, Marking a Significant Year-on-Year Increase appeared first on Pakistan Business News.

United States, In September, consumer spending in the United States increased by 0.7%, outstripping inflation by 0.3%. This rise indicates continued consumer resilience in the face of economic challenges, suggesting that robust spending could sustain e...

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ISLAMABAD, At the 'Spotlight Pakistan Day' webinar, Aamir Ibrahim, CEO of Jazz and Chairman of Mobilink Microfinance Bank (MMBL), called for a more inclusive financial system in Pakistan. The event, hosted by the World Economic Forum (WEF) and the Virt...

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Budapest, At the 5G Smart Factory Forum hosted in the Huawei European Supply Center (HESC) in Budapest, Huawei unveiled its commitment to advance Industry 4.0 by integrating 5G technologies into smart factories. The company highlighted that future smar...

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Karachi, Chenab Limited, once a leading exporter of home textile products in Pakistan, has begun its ascent from a period of industrial turmoil experienced between 2008-2010. With the aid of Habib Bank Limited (HBL) and other lenders, a comprehensive r...

The post Chenab Limited Embarks on Resurgence with HBL’s Assistance appeared first on Pakistan Business News.

SIALKOT, The Pakistan Credit Rating Agency (PACRA) has assigned a preliminary long-term rating of 'AA+' and a short-term rating of 'A1+' to The Hub Power Company Limited (HUBCO) for its proposed Pakistan Power Sector Term Finance Certificates (PPSTS) o...

The post Hub Power Company Receives AA+ Rating with Stable Outlook from PACRA appeared first on Pakistan Business News.

ISLAMABAD, In a recent development, JS Investments Limited (JSIL) has broadened its portfolio with the launch of the JS Islamic Premium Fund (JSIPF), offering investors a medium-risk avenue for Shariah-compliant income.According to JS Investments, the ...

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