Business

Karachi: The Exchange Companies Association of Pakistan (ECAP) released its latest open market closing exchange rates, revealing mixed trends across different currencies. The data, sourced from the State Bank of Pakistan, provides insights into the bu...

Karachi: In a call for federal support, Malik Khuda Bakhsh, President of the Pakistan Business Forum's Karachi Region, has endorsed the initiatives of Punjab Chief Minister Maryam Nawaz Sharif aimed at simplifying business financing for small and medi...

ISLAMABAD: Pakistan Petroleum Limited and Bolan Mining Enterprises have entered into a significant agreement with the Government of Balochistan for the Barite-Lead-Zinc project, marking a pivotal moment in the nation's mineral development efforts. The...

KARACHI: VIS Credit Rating Company Limited has finalized the instrument ratings for K-Electric Limited's short-term Sukuk-30, assigning it an A1+ rating. This rating reflects the strongest likelihood of timely repayment of short-term obligations, back...

Karachi: VIS Credit Rating Company Limited has announced the initiation of a review of Muhammad Shafi Tanneries (Private) Limited. The announcement indicates that a comprehensive rating review is underway, and a subsequent rating action will be commun...

Karachi: The State Bank of Pakistan announced a revised monetary policy aimed at addressing inflationary pressures in the nation. The central bank has decided to raise the benchmark interest rate by 100 basis points, moving it to 16%. This decision re...

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...