Business

Karachi: Pakistan Petroleum Ltd (PPL) has partnered with the Government of Balochistan to develop a lead and zinc mining project in Khuzdar. The agreement secures a mining lease for the Barytes, Lead and Zinc (BLZ) Project, promising substantial reven...

Karachi: Cement dispatches in March 2025 recorded a 9% year-on-year decline, totaling 3.6 million tons. This decrease is primarily attributed to an 11% drop in local dispatches across both the North and South regions during the Ramadan season. Export ...

Karachi: The latest figures released by the State Bank of Pakistan indicate a stable trend in the Karachi Interbank Offered Rate (KIBOR), with minor fluctuations observed across different tenors. The rates, which serve as a benchmark for lending betwe...

Karachi: The State Bank of Pakistan has disclosed its most recent financial figures, revealing the ceiling and floor amounts for specific institutions as of April 10, 2025. According to the data, the ceiling amount stands at 15,700 with three insti...

Karachi: Currency rates in Pakistan showed slight fluctuations between April 9 and April 10, as reported by the Exchange Companies Association of Pakistan. The exchange rates for major currencies such as the US Dollar, Euro, and British Pound exhibite...

Karachi: VIS Credit Rating Company Limited has commenced a review of Fortune Securities Limited. The initiation of this review indicates that a rating evaluation process is underway, and VIS will announce a rating action once Fortune Securities has su...

Lahore: Packages Real Estate (Pvt.) Limited (PREL), the real estate division of the prominent Packages Group, has received its initial entity ratings from the Pakistan Credit Rating Agency Limited (PACRA). With the strategic location of its flagship p...