Karachi: SGF recently held an analyst briefing to discuss its financial performance in CY24 and the first nine months of CY25. The company reported a 6% decline in unconsolidated earnings for CY24, amounting to PkR1.1 billion compared to PkR1.2 billio...
Read More »Standard Chartered and IFC Launch $400 Million Facility to Boost Trade Finance in Pakistan
KARACHI: Standard Chartered Bank Pakistan and IFC, a member of the World Bank Group, have jointly announced a $400 million Risk-Participation Facility aimed at enhancing short-term trade and working capital for major local corporations and exporters i...
Read More »Market Decline as KSE Indices Fall, Market Capitalization Shrinks
Karachi: The Pakistan Stock Exchange (PSX) experienced a downturn as both the KSE30 and KSE100 indices saw declines, with a drop of 269.99 points and 752.06 points, respectively. The market capitalization also witnessed a decrease of 0.40%. The KSE1...
Read More »AI-Driven Fraud Tops Risk List in Asia-Pacific as Technological Change Accelerates
Karachi: Organizations across the Asia-Pacific region are grappling with an increasingly complex fraud landscape, dominated by procurement fraud and bribery, as detailed in a new report by the Association of Chartered Certified Accountants (ACCA). Hei...
Read More »Pakistan International Bulk Terminal Limited Secures Key Role in Reko Diq Mining Exports
Karachi: Pakistan International Bulk Terminal Limited (PIBTL) has been selected by Reko Diq Mining Company as the preferred export terminal for its copper and gold concentrates. This strategic development marks a significant milestone for PIBTL, which...
Read More »Lucky Investments Secures Free Takaful Coverage for Pension Fund Participants
Karachi: In a significant development aimed at enhancing financial security for retirees, Lucky Investments Limited has announced a strategic partnership with 5th Pillar Family Takaful. The collaboration will provide free Takaful coverage to all parti...
Read More »Service Industries Ltd. Reports Significant Earnings Growth Amid Strategic Moves
Lahore: Service Industries Ltd. (SRVI) announced a substantial increase in its financial performance during its corporate briefing today, highlighting notable earnings growth for the calendar year 2024 and the first nine months of 2025. The company's ...
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