Business

This category covers all news related Business & Finance

Karachi Business Community Appeals for Reduction in Gas Tariff to Rs1350 per MMBtu

Karachi, The Karachi Chamber of Commerce & Industry (KCCI), along with all seven Industrial Town Associations and Value-Added Textile Associations, has made a strong appeal to the government to reduce the gas tariff to Rs1350 per MMBtu, which is the 10...

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LOADS Faces Financial Challenges in FY23 Amid Auto Sector Decline

Karachi, a prominent player in the auto components industry, held an analyst briefing to discuss its financial results for the fiscal year 2023 (FY23) and its future outlook. The company reported a significant loss of PkR5.23 per share in FY23, compare...

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Pakistan Market: KSE-100 Index Shows Volatility, Expected to Consolidate

Karachi, The KSE-100 index, a key benchmark for the Pakistan stock market, experienced a volatile trading session, closing marginally higher by 15 points at 57,078. Trading volumes were recorded at 718 million shares, a decrease from the 902 million sh...

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Jazz Maintains Strong Investment in Pakistan Despite Economic Headwinds

Islamabad, – Jazz, a leading telecommunications company in Pakistan, reported a 27 percent year-on-year growth in local currency revenues, despite a 3.5 percent decline in USD terms during the third quarter of 2023. This downturn is largely attributed ...

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FPCCI Advocates for Enhanced Transparency and Security in Global Trade

Karachi, Irfan Iqbal Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), emphasized the crucial need for transparency, security, and monitoring in global trade during his keynote speech at the Intern...

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Karachi Chamber of Commerce to Hold Press Conference on Gas Tariff Hikes

Karachi, The Karachi Chamber of Commerce & Industry (KCCI), led by its President Iftikhar Ahmed Sheikh, will be conducting a significant press conference. This conference, involving the presidents and representatives of all seven Industrial...

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VIS Maintains Stable Ratings for Asher Imran Spinning Mills Amid Industry Challenges

Karachi, VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Asher Imran Spinning Mills (Private) Limited (AISML) at 'A-/A-2', reflecting its sound credit quality and stable outlook despite the spinning sector facing significan...

The post VIS Maintains Stable Ratings for Asher Imran Spinning Mills Amid Industry Challenges appeared first on Pakistan Business News.

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