FLASHNEWS:

Day: May 5, 2025

PACRA Affirms Stability Rating for Alhamra Islamic Income Fund

KARACHI: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the stability rating of Alhamra Islamic Income Fund, a Shariah-compliant fixed income solution designed to provide stable returns through a diversified portfolio of Islamic debt…

PACRA Affirms Stability Rating for Pakistan Cash Management Fund

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the stability rating for the Pakistan Cash Management Fund (PCF), underscoring its position as a low-risk investment option with a focus on liquidity and capital preservation. This…

Over Rs42b Tax Revenue Collected in KP

Peshawar: The Khyber Pakhtunkhwa Revenue Authority has successfully collected over forty-two billion rupees in tax revenue during the last ten months of the current fiscal year.

According to Radio Pakistan, the collected tax revenue exceeds the targ…

PM Satisfied with 1% Reduction in Policy Rate

Islamabad: Prime Minister Shehbaz Sharif has expressed satisfaction over one percent reduction in policy rate announced by the State Bank of Pakistan: In a statement, he said the one percent cut down in the policy rate is a welcoming step for business…

Nestle Pakistan Expands Waste Management Efforts to Gateway of K2

SKARDU: Nestle Pakistan has expanded its Clean Gilgit-Baltistan Project to Askole – Zero Point, a critical launchpad for mountaineering expeditions, by donating a compressing and baling machine to Central Karakoram National Park (CKNP). This initiativ…