Business

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...

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...

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...

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...

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...

Islamabad: The Pakistan Credit Rating Agency Limited (PACRA) has assigned preliminary ratings to the National Vocational and Technical Training Commission's (NAVTTC) Term Finance Certificates (TFCs), marking a significant step in the launch of Pakista...

Karachi: The State Bank of Pakistan (SBP) announced a significant policy shift today, reducing its monetary policy rate by 50 basis points to 10.5%. The decision, revealed during a post-monetary policy statement briefing by the SBP Governor, reflects ...