Karachi: The State Bank of Pakistan has released the latest figures on the weighted average customer exchange rates for various currencies, indicating slight fluctuations in buying and selling rates as of February 11, 2025. The United States dollar, e…
The post Exchange Rate Fluctuations as State Bank of Pakistan Releases New Data appeared first on Pakistan Business News.
Karachi: The Karachi Interbank Offered Rate (KIBOR) rates have experienced slight fluctuations across different tenors, as indicated in the latest data release. The rates, which serve as a benchmark for lending between banks, showed mixed movements ac…
The post KIBOR Rates See Marginal Changes Across Various Tenors appeared first on Pakistan Business News.
Karachi: Pakistan’s remittance inflows witnessed a significant boost in January 2025, reaching $3 billion, marking a 25% year-on-year increase. Over the cumulative period of the first seven months of fiscal year 2025, overseas Pakistanis remitted $20….
The post Pakistan’s Remittance Inflows Surge by 25% in January appeared first on Pakistan Business News.
Karachi: Lucky Electric Power Company Limited (LEPCL) has been assigned a preliminary ‘AA’ long-term rating and an ‘A1+’ short-term rating for its new PKR 6 billion debt instrument, PPSTS-21, by The Pakistan Credit Rating Agency Limited (PACRA). The r…
The post Lucky Electric Power Company Secures ‘AA’ Rating for New Debt Instrument appeared first on Pakistan Business News.
Karachi: The Exchange Companies Association of Pakistan released new currency exchange rates on Tuesday, detailing adjustments in the valuation of several major currencies against the Pakistani Rupee.
According to a statement by Exchange Companies A…
The post Currency Exchange Rates Adjust in Pakistan appeared first on Pakistan Business News.
Karachi: Engro Polymer and Chemicals Ltd. (EPCL) has unveiled its financial results for the fourth quarter of the calendar year 2024, reporting consolidated earnings of PkR2.1 billion, a 40 percent year-on-year decrease from the same period last year….
The post Engro Polymer Reports 40% Decline in 4QCY24 Earnings Amid Tax Reversal and Margin Improvements appeared first on Pakistan Business News.
Karachi: Pakistan’s auto industry experienced a notable increase in sales in January 2025, with total industry volumes rising by 31% compared to the same period last year. The surge was primarily driven by a significant 52% increase in passenger car a…
The post Auto Sales Surge in Pakistan as New Year Drives Demand appeared first on Pakistan Business News.
Karachi: The country’s economic challenges were underscored during a recent visit by Hanif Gohar, former Senior Vice President of FPCCI and Secretary General of UBG Sindh, to the Mansehra Chamber of Commerce and Industry. Gohar emphasized the need for…
The post Economic Challenges Highlighted at Mansehra Chamber Event appeared first on Pakistan Business News.
Karachi: Fauji Fertilizer Company Ltd. (FFC) has reported its fourth-quarter earnings following the completion of its merger with Fauji Fertilizer Bin Qasim Limited (FFBL). The earnings for the merged entity amounted to Rs65 billion, translating into …
The post FFC Earnings Impacted by Merger Adjustments, Future Outlook Stable appeared first on Pakistan Business News.
New program helps AI-native startups build and scale with Zoom’s industry-leading speech, language, and voice AI Services, no equity stake required; applications open today SAN JOSE, Calif., Nov. 10, 2026 (GLOBE NEWSWIRE) — Zoom Communications, Inc. (NASDAQ: ZM) today announced AI Launchpad, a new grant program offering eligible startups up to $150,000 in Zoom AI […]
