Business

ISLAMABAD, In a recent development, JS Investments Limited (JSIL) has broadened its portfolio with the launch of the JS Islamic Premium Fund (JSIPF), offering investors a medium-risk avenue for Shariah-compliant income.According to JS Investments, the ...

The post JS Investments Introduces JS Islamic Premium Fund for Shariah-Compliant Investments appeared first on Pakistan Business News.

KARACHI, Auto sales in Pakistan are expected to remain low in October 2023, as the three listed Original Equipment Manufacturers (OEMs) are likely to report a combined sales volume of just 5,300 units. This figure represents a steep 59% year-over-year ...

The post Pakistan’s Auto Sales Face Sharp Decline Amid Economic Challenges appeared first on Pakistan Business News.

ISLAMABAD , The cost of the Bhara Kahu bypass construction project has risen to PKR 8 billion, a significant increase from the originally approved budget of PKR 6.5 billion. This escalation in the project's financial requirements is attributed to an ex...

The post Bhara Kahu Bypass Project Budget Rises to PKR 8 Billion Due to Expanded Scope appeared first on Pakistan Business News.

ISLAMABAD, The All-Pakistan Cement Manufacturers Association (APCMA) reported a decline in cement sales for October 2023, according to recent news published in leading newspapers. The industry experienced a 5.78% decrease in total cement dispatches com...

The post Pakistan’s Cement Industry Witnesses Decline in Sales During October appeared first on Pakistan Business News.

MULTAN, The Defence Housing Authority (DHA) in Multan has recently announced an extension for clearing outstanding instalments. This decision, aimed at facilitating members, was communicated through an official post on the DHA Multan Facebook page.Acco...

The post DHA Multan Announces Deadline Extension for Instalment Payments appeared first on Pakistan Business News.

Peshawar, The government of Khyber Pakhtunkhwa has announced an investment of PKR 1 billion into the Bus Rapid Transit (BRT) service in Peshawar to maintain its operations, a decision that has been welcomed by commuters and officials alike.According to...

The post KP Government Allocates PKR 1 Billion to Sustain Peshawar BRT Services appeared first on Pakistan Business News.

LAHORE, The Pakistan Credit Rating Agency Limited (PACRA) has assigned a preliminary rating to The Hub Power Company Limited (HUBCO) for its upcoming privately placed short-term sukuk issuance. This rating reflects HUBCO's established presence in the p...

The post PACRA Assigns Preliminary Rating to The Hub Power Company Limited’s Short Term Sukuk appeared first on Pakistan Business News.