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Pakistani Currency Fluctuates Modestly Against Major Currencies

Karachi: The Pakistani Rupee witnessed slight fluctuations against major currencies in the foreign exchange market over the last two days, as detailed in the latest rates released by the Exchange Companies Association of Pakistan.

According to Excha...

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Standard Chartered Pakistan Posts 20% Profit Before Tax Growth in Q3 2024

Karachi: Standard Chartered Bank Pakistan Limited (SCBPL) has reported a 20% increase in profit before tax, reaching PKR 75.5 billion for the third quarter of 2024. This financial upturn is supported by a 16% year-over-year revenue growth across all s...

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HUBC and NPL Report Mixed Results for First Quarter FY25 Amid Market Shifts

Islamabad: The Hub Power Company Ltd (HUBC) and Nishat Power Limited (NPL) have reported their financial results for the first quarter of FY25, with mixed performances attributed to various operational and market dynamics. HUBC saw a slight year-over-...

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Fauji Fertilizer Reports Substantial Profit Increase in Third Quarter, Defers Dividend Amid Merger

Islamabad: Fauji Fertilizer Company Ltd. (FFC) has reported a significant 80% year-over-year increase in standalone profit for the third quarter of 2024, with earnings reaching PkR16.5 billion compared to PkR9.1 billion in the same period last year. D...

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JS Bank Introduces Enhanced Visa Credit Card Options in Pakistan

Islamabad: JS Bank Limited has launched an updated lineup of Visa credit cards, offering enhanced features, benefits, and financial flexibility aimed at making daily transactions and financial management more accessible and rewarding for customers acr...

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Minister Stresses Need for Modernizing Balochistan’s Communication and Construction Department

Quetta: The Provincial Minister for Communications and Construction, Mir Saleem Ahmad Khosa, emphasized the urgent need to align the Department of Communication and Construction with modern standards. Speaking at a meeting attended by senior officials...

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Pakistan: Deputy Prime Minister Commits to Advancing CPEC with China

Islamabad: Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar stated that Pakistan is committed to advancing the China-Pakistan Economic Corridor (CPEC) to enhance cooperation with China in fields such as agriculture, industrializat...

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