Karachi, The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) announced the appointment of Shabbir Mansha Churra as the Chairman of the Pakistan-China Business Council for the term 2024-25. Atif Ikram Sheikh, President of FPCCI, express…

Karachi, Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has voiced strong opposition to the recent government decision to increase petroleum prices by 5% within a two-week period. This increase com…

Karachi, Muhammad Kamran Arbi, President of the S.I.T.E Association of Industry, has warned that the recent increases in the prices of petroleum, oil, and lubricants (POL) are severely impacting the industrial sector and the economy at large. In a pres…

Karachi, Spotify and Coke Studio Pakistan have announced their continued collaboration for the upcoming Season 15 of Coke Studio, aimed at promoting Pakistani music and artists globally. The partnership, now in its second year, features a new collectio…

Karachi, The ongoing visit of a Saudi delegation led by Foreign Minister Faisal Bin Farhan Al Saud to Pakistan is expected to significantly stimulate Pakistan’s economy and attract further foreign investments. Organized by the United Business Group (UB…

Karachi, Iftikhar Ali Malik, the Founder Chairman of United Business Group and former President of SAARC Chamber of Commerce, highlighted the crucial role of Pakistan’s business community in national economic efforts and criticized past policies for ha…

Karachi, Following an impressive year-on-year growth in February 2024, the automobile industry is set to face a decline in sales for March 2024, with the three major listed auto companies anticipated to report a collective 3% decrease in sales, totali…

Lahore, VIS Credit Rating Company Limited (VIS) has reaffirmed the ‘AAA/A-1+’ credit rating for Pakistan Mortgage Refinance Company Limited (PMRC), indicating a stable outlook and high credit quality similar to government securities.

According to VI…

Karachi, The Exchange Companies Association of Pakistan reported slight fluctuations in foreign exchange rates for major currencies including the US dollar, euro, and British pound on April 9, 2024, compared to the previous day.

According to Exchang…

Karachi, VIS Credit Rating Company Limited (VIS) has raised the entity ratings of Madina Oil Refinery Limited (MORL) from ‘BBB-/A-2’ to ‘BBB/A-2’, reflecting improvements in profitability and capitalization. The medium to long-term rating upgrade sign…