Business

This category covers all news related Business & Finance

Mobilink Bank Awarded ‘Best Microfinance Bank’ at Pakistan Banking Awards 2024

Islamabad: Pakistan's Mobilink Bank has been recognized as the 'Best Microfinance Bank' at the Pakistan Banking Awards 2024. The accolade highlights the bank's significant contributions to financial inclusion and digital empowerment in the country, sh...

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Currency Exchange Rates Witness Minor Fluctuations in Pakistan

Karachi: Currency exchange rates in Pakistan experienced slight variations as of November 30, 2024, with minor adjustments observed in the buying and selling prices of major currencies including the US Dollar, Euro, and British Pound.

According to E...

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Lahore Chamber Praises Ministry for Releasing Industrial Chemicals

Lahore: The Lahore Chamber of Commerce & Industry (LCCI) has commended the Ministry of Energy's Petroleum Division for agreeing to their request to release imported industrial chemicals and petrochemicals held at Karachi ports. The release resolves a ...

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Petroleum Division Releases Stalled Chemicals After LCCI Advocacy

Lahore: The Lahore Chamber of Commerce & Industry has commended the Ministry of Energy's Petroleum Division for addressing its long-standing request to release imported industrial chemicals and petrochemicals previously held at Karachi ports. This...

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Uzbekistan Ambassador Invites LCCI Executive Committee for Strategic Visit

Lahore: The Ambassador of Uzbekistan, Alisher Tukhtaev, extended a personal invitation to the Executive Committee of the Lahore Chamber of Commerce and Industry (LCCI) to visit Uzbekistan, marking a significant step in the evolving relationship betwee...

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VIS Reaffirms Ratings for Next Capital Limited Amid Profitability Challenges

Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Next Capital Limited at 'A-/A2'. The ratings indicate good credit quality with adequate protection factors, although risk factors may vary with economic changes. The...

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Consumer Price Index Hits Six-Year Low, Fuels Speculation of Interest Rate Cut

Karachi: The Consumer Price Index (CPI) for November 2024 is projected to drop to 4.7%, marking the lowest point since April 2018. This trend underscores a continuing pattern of disinflation, bolstered by a high base effect. The downward trajectory st...

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