FLASHNEWS:

Day: January 16, 2025

Currency Exchange Rates Show Marginal Fluctuations in Pakistan

Karachi: Currency exchange rates in Pakistan experienced slight fluctuations over two consecutive days, with minor changes recorded in the buying and selling rates of major currencies.

According to a statement by Exchange Companies Association of Pa…

KATI Mourns the Loss of a Respected Maternal Figure

Karachi: The Korangi Association of Trade and Industry (KATI) has expressed deep condolences over the passing of the widow of the late SM Munir, who was also the mother of United Business Group (UBG) and KATI Patron-in-Chief SM Tanveer, SM Irfan, and …

Pakistan’s Large-Scale Manufacturing Sees Continued Decline

Karachi: Large Scale Manufacturing (LSM) in Pakistan has recorded a year-on-year decline of 3.8% in November 2024, marking the fourth instance of negative growth in the past six months. This downturn has contributed to a cumulative negative growth of …

PCJCCI and GREF Discuss Strategies to Boost Regional Economic Ties

Lahore: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) held a significant meeting with the Golden Ring Economic Forum (GREF), focusing on strategies to enhance regional economic collaboration. The discussion centered on innovative …

VIS Assigns ‘BFR3’ Rating to Pearl Securities Limited

Karachi: VIS Credit Rating Company Ltd. has assigned an initial Broker Fiduciary Rating of ‘BFR3’ to Pearl Securities Limited, marking the brokerage firm as maintaining good fiduciary standards with a stable outlook.

According to a statement by VIS …