January 14, 2025
Business, General Business News
Lahore: The Pakistan Credit Rating Agency Limited has maintained the long-term rating of The Bank of Punjab at AA-, with a stable outlook, in its latest review of the bank’s Additional Tier 1 Capital Term Finance Certificates. The ratings, which refle...
The post The Bank of Punjab’s Ratings Affirmed by PACRA Amid Strategic Expansion appeared first on Pakistan Business News.
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January 14, 2025
Business, General Business News
Karachi: D.G. Khan Cement Company Ltd (DGKC) is forecasted to benefit substantially from the ongoing monetary easing cycle, paving the way for improved financial metrics and an enhanced stock valuation by December 2025. Analysts have reiterated a 'Buy...
The post D.G. Khan Cement Positioned to Gain from Monetary Easing Cycle appeared first on Pakistan Business News.
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January 14, 2025
Business, General Business News
KARACHI: Siemens (Pakistan) Engineering reported a significant loss of PkR2.0 billion for the fiscal year 2024, a stark contrast to the profit of PkR970.8 million recorded in FY23. Despite an increase in revenue, the company faced challenges that cont...
The post Siemens Pakistan Reports Annual Loss Despite Revenue Growth appeared first on Pakistan Business News.
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January 14, 2025
Business, General Business News
Islamabad: Bank Alfalah has announced a significant collaboration with The Citizens Foundation (TCF) to support communities affected by the 2022 floods in Pakistan. The initiative, part of Bank Alfalah's Flood Relief Program, allocates an additional P...
The post Bank Alfalah Joins Forces with TCF to Rebuild Flood-Hit Areas appeared first on Pakistan Business News.
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January 14, 2025
Business, General Business News
KARACHI: Pakistan State Oil (PSO) and Attock Petroleum Limited (APL) have projected notable financial outcomes for the second quarter of fiscal year 2025, with PSO anticipating a significant profit increase and APL expecting a marginal decline in prof...
The post PSO and APL Project Positive Financial Outcomes Amid Market Shifts appeared first on Pakistan Business News.
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January 13, 2025
Business, General Business News
Islamabad: Pakistan's e-commerce industry is poised for substantial growth, with revenue expected to rise from $5.2 billion in 2023 to $6.7 billion by 2029, according to a new report. Despite this, the sector grapples with challenges that could hinder...
The post Pakistan’s E-Commerce Industry Faces Challenges Amid Growth Projections appeared first on Pakistan Business News.
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January 13, 2025
Business, General Business News
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) announced that a Pakistani trade delegation, led by its President, Mr. Atif Ikram Sheikh, actively participated in the Bangladesh - Pakistan Business Forum held in Dhaka. A ...
The post Bangladesh and Pakistan Forge New Business Ties with Joint Council appeared first on Pakistan Business News.
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