Business

KARACHI: Ambassador of Tajikistan Sharifzoda Yusuf has emphasized the importance of restoring Karachi's former stature as a thriving and secure destination for foreign tourists. During a meeting at the Karachi Chamber of Commerce and Industry (KCCI), ...

The post Tajik Envoy Highlights Karachi’s Potential for Reviving Tourism and Trade appeared first on Pakistan Business News.

Karachi: AGP Ltd has been reinstated with a buy rating and a target price of Rs220 per share, indicating a 48% potential upside from current levels. The optimism is fueled by AGP's strong growth trajectory, cost optimization strategies, and favorable ...

The post AGP Ltd Reinstated with Buy Rating Amid Positive Growth Outlook appeared first on Pakistan Business News.

Karachi: Foreign currency exchange rates in Pakistan experienced minor fluctuations over a 24-hour period, reflecting changes in the buying and selling values of several major currencies. The Exchange Companies Association of Pakistan reported these s...

The post Foreign Currency Exchange Rates Show Slight Fluctuations in Pakistan appeared first on Pakistan Business News.

Karachi: FrieslandCampina Engro Pakistan Limited has announced a partnership with Reon Energy to implement a 3.4 MW solar power project at its manufacturing facility in Sahiwal. The initiative aims to generate 5,013.6 MWh of clean energy annually, red...

The post FrieslandCampina Engro Pakistan Partners with Reon Energy for 3.4 MW Solar Project appeared first on Pakistan Business News.

Karachi: Pakistan's banking sector has reported record-high core income and bottom-line figures for the third quarter of the calendar year 2024, marking a robust rebound following a brief slowdown in the first quarter. This resurgence comes after a pe...

The post Pakistan Banking Sector Rebounds with Record-High Income in Third Quarter appeared first on Pakistan Business News.

Karachi: Urea offtakes in Pakistan have declined amid worsening farmer incomes, while diammonium phosphate (DAP) sales have surged by 95% year-over-year, driven by the start of the Rabi season. This development is expected to alleviate inventory press...

The post Rabi Season Spurs DAP Sales Surge, Eases Fertilizer Inventory Levels appeared first on Pakistan Business News.

Islamabad: Large Scale Manufacturing (LSM) in Pakistan recorded a 1.9% year-over-year decrease in September 2024, marking the second consecutive month of negative growth following a year-over-year increase in July 2024.

According to JS Global, desp...

The post Pakistan’s Large Scale Manufacturing Declines, Easing Measures Offer Hope appeared first on Pakistan Business News.