Business

Karachi, Pak Suzuki Motor Company Ltd. (PSMC) unveiled its financial results for 3QCY23, reflecting a noteworthy surge in profits. According to the details provided by AKD Securities Limited, the auto manufacturer reported earnings of PkR3.8bn (PkR46.2...

The post Pak Suzuki Motor Company Reports 17% Quarterly Profit Boost Amid Improved Margins appeared first on Pakistan Business News.

Karachi, In a display of significant market vitality, the KSE-100 index soared past the 50,000 mark, recording a substantial gain of 934 points to conclude at 50,365. According to a research report by JS Securities Limited, the rally witnessed widespre...

The post KSE-100 Surpasses 50,000 Mark, Boosted by Oil and Gas and Auto Sectors appeared first on Pakistan Business News.

Islamabad, Paving the way for modernized payment methods for freelancers in Pakistan, SadaPay, a prominent fintech firm, has unveiled that its business account, SadaBiz, will now support invoicing via Apple Pay. The revelation came during the inaugural...

The post SadaPay Introduces Apple Pay Invoicing for Pakistani Freelancers appeared first on Pakistan Business News.

Lahore, The Pakistan Credit Rating Agency Limited (PACRA) has opted to maintain the stability rating of the Atlas Income Fund ("AIF" or the "Fund"), highlighting the fund's moderate risk profile. With an investment objective centered on securing compet...

The post PACRA Retains Stability Rating for Atlas Income Fund Amidst Moderate Risk Profile appeared first on Pakistan Business News.

Islamabad, Unilever Pakistan, in collaboration with SEED Ventures, has launched '2nd Life Pakistan', an initiative specifically designed to address plastic waste and promote sustainable waste management throughout Pakistan. This effort seeks to harness...

The post Unilever Pakistan and SEED Ventures Introduce ‘2nd Life Pakistan’ for Advanced Plastic Waste Management appeared first on Pakistan Business News.

Karachi, Pakistan State Oil (PSO) is projected to announce a notable profit after tax (PAT) of PkR18.3bn for 1QFY24, marking a significant increase from the same period last year. The hike can be attributed to increased gross margins, especially on reg...

The post PSO Anticipated to Post Elevated Earnings in 1QFY24, While PSMC’s 3QCY23 Earnings Expected to Show Decline appeared first on Pakistan Business News.

Karachi, In a bid to create a more business-friendly environment in Pakistan, the Ambassador of Thailand, Chakkrid Krachaiwong, has emphasized the need to resolve issues pertaining to Letter of Credit (LC) and the repatriation of foreign currency. He e...

The post Thai Ambassador Urges Resolution of LCs and Currency Repatriation for Boosting Foreign Investment appeared first on Pakistan Business News.