Business

This category covers all news related Business & Finance

EOBI to Establish Helpdesk at SITE Association Amidst Industry Challenges

KARACHI: Dr. Javed Shaikh, Acting Chairman of the Employees' Old-Age Benefits Institution (EOBI), announced the establishment of a weekly helpdesk at the SITE Association of Industry to address members' concerns related to EOBI. This initiative aims t...

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PNSC Plans Acquisition of New Aframax Vessels for Enhanced Fleet Efficiency

Karachi: Pakistan National Shipping Corporation (PNSC) has announced plans to acquire new Aframax vessels to enhance its fleet capabilities and meet the country's maritime transportation needs. The move aims to replace the existing vessels, which are ...

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Currency Exchange Rates See Minor Fluctuations in Pakistan

Karachi: The currency exchange rates in Pakistan experienced slight changes over a two-day period, with minor fluctuations observed across various foreign currencies. The buying and selling rates for the US dollar, Euro, British pound, Japanese yen, U...

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Attock Cement Projects Decline in Dispatches for FY25 Amid Strategic Investments

Karachi: Attock Cement Pakistan Limited (ACPL) has signaled a challenging fiscal year ahead, with expectations of a 10% decline in cement dispatches for FY25. The company, which recently held a corporate briefing to analyze its financial results for F...

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VIS Reaffirms Ratings for Oil Industries Pakistan Limited

Karachi: VIS Credit Rating Company Limited has reaffirmed its entity ratings for Oil Industries Pakistan Limited (OIPL) at 'A-/A2', maintaining a 'Stable' outlook. The affirmation reflects OIPL's good credit quality and adequate protection factors for...

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Currency Exchange Rates See Marginal Changes Across Major Currencies

Karachi: The Exchange Companies Association of Pakistan reported minor fluctuations in currency exchange rates for the second consecutive day. The rates for the U.S. dollar, euro, British pound, Japanese yen, UAE dirham, and Saudi riyal showed slight ...

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