Karachi: The Pakistan Credit Rating Agency (PACRA) has elevated the entity ratings of the Pakistan National Shipping Corporation (PNSC), recognizing its status as the national flag carrier and its integral role in maintaining the nation's seaborne ene...
Read More »FPCCI Calls for Resolution of Transport Strike Affecting National Economy
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has raised alarms over a nationwide transport strike that has persisted for ten days. Atif Ikram Sheikh, the FPCCI President, has urged both transporters and the Punjab Gove...
Read More »SYS Reports Strong Earnings Growth, Announces Strategic Acquisition
Karachi: System Limited (SYS) conducted its corporate briefing today to discuss the third quarter results for the calendar year 2025 and its future outlook. The company reported a notable increase in earnings per share (EPS) of Rs1.90, marking a 46% i...
Read More »Pakistani Rupee Sees Mixed Performance Against Major Currencies
Karachi: The Exchange Companies Association of Pakistan (ECAP) released its open market closing exchange rates for December 15, 2025, revealing mixed performance of the Pakistani rupee against major global currencies. According to the data from the ...
Read More »Fluctuations in Exchange Rates Observed in Latest State Bank Report
Karachi: The State Bank of Pakistan released its latest report on exchange rates, highlighting the buying and selling rates for various currencies against the Pakistani Rupee. The report provides insights into the weighted average customer exchange ra...
Read More »Karachi: State Bank Releases Latest KIBOR Rates for December 2025
Karachi: The State Bank of Pakistan has announced the latest Karachi Interbank Offered Rate (KIBOR) for December 2025. The new rates reflect minor adjustments across various tenors, providing financial institutions with updated benchmarks for short-te...
Read More »Select Technologies Launches PKR 3.5 Billion Sukuk Amid Shifting Market Dynamics
Lahore: Select Technologies Pvt. Limited, a subsidiary of Air Link Communication Limited, is set to issue its fourth Rated, Secured, Privately Placed, Short-Term Sukuk-IV, valued at PKR 3.5 billion. The issuance comes as the company navigates a comple...
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