Business

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...

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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.

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.

Lahore: The Bank of Punjab has sustained its strong financial standing as the Pakistan Credit Rating Agency Limited (PACRA) affirmed the bank's long-term credit rating at AA with a stable outlook, according to a recent press release. The rating reflec...

The post The Bank of Punjab Maintains Strong Financial Position Amid Market Challenges appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings of Lahore Sialkot Motorway Infrastructure Management (Pvt.) Limited (LSMIML) at 'A-/A2', reflecting strong credit quality and a stable outlook. This decision underscores the ...

The post VIS Reaffirms Ratings for Lahore Sialkot Motorway Management Firm appeared first on Pakistan Business News.

Karachi: Small and Medium Enterprises (SMEs) in Pakistan, often hailed as the backbone of the country's economy, face challenges in managing operations, particularly payroll. Automated payroll solutions like JS PayDay seek to simplify these processes,...

The post Automated Payroll Solutions Offer Efficiency Boost for Pakistani SMEs appeared first on Pakistan Business News.

Lahore: Vivo has announced the commencement of its annual Service Day event for 2025, set to take place from January 20th to 22nd across 17 service centers nationwide. This initiative promises enhanced support and exclusive offers to ensure that vivo ...

The post Vivo Launches Service Day 2025 with Exclusive Offers and Services appeared first on Pakistan Business News.