Business

Islamabad: Bank Alfalah, one of Pakistan's leading financial institutions, has reinforced its commitment to financial inclusion by enhancing its investment in Qist Bazaar, a rapidly growing buy-now-pay-later platform in the country. This move aims to ...

The post Bank Alfalah Expands Support for Qist Bazaar with Equity and Credit Boost appeared first on Pakistan Business News.

Karachi: VIS Credit Ratings Company Ltd. (VIS) has reaffirmed the entity ratings of Unity Foods Limited (UFL) at 'A/A2', indicating a good credit quality with adequate protection factors, albeit with a 'Negative' outlook due to potential economic fluc...

The post VIS Reaffirms Ratings for Unity Foods Amid Economic Challenges appeared first on Pakistan Business News.

Karachi: Engro Polymer and Chemicals Ltd (EPCL) held an analyst briefing to discuss its financial performance for the calendar year 2024 and future outlook. The company reported a significant loss of PKR 160.6 million compared to a profit of PKR 8.9 b...

The post Engro Polymer and Chemicals Ltd Reports Loss Amid Challenging Market Conditions appeared first on Pakistan Business News.

Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has officially voiced its opposition to the government's proposed plan to advance trade body elections to 2025. Mr. Atif Ikram Sheikh, President of FPCCI, revealed that a co...

The post FPCCI Challenges Government’s Election Timeline for Trade Bodies appeared first on Pakistan Business News.

Karachi: Cement dispatches in January 2025 reached 3.9 million tons, marking a 14 percent year-over-year increase, spurred by a 12 percent rise in local dispatches and a 30 percent surge in export volumes.

According to a statement by JS Global, this...

The post Cement Dispatches See January Rebound with 14% Increase appeared first on Pakistan Business News.

Karachi: Standard Chartered Bank Pakistan and the International Finance Corporation (IFC) are planning to expand their Risk-Participation Facility to $400 million from the current $200 million, aiming to enhance access to trade finance for local busin...

The post Standard Chartered and IFC Expand Trade Finance Program to $400 Million appeared first on Pakistan Business News.

Karachi: The State Bank of Pakistan released its latest figures on February 12, 2025, revealing the weighted average customer exchange rates for various currencies. The report indicates slight fluctuations in both buying and selling rates across diffe...

The post Exchange Rates Show Minor Variations Across Currencies appeared first on Pakistan Business News.