Lahore: Select Technologies Pvt. Limited, a subsidiary of Air Link Communication Limited, is set to issue its fourth Rated, Secured, Privately Placed, Short-Term Sukuk-IV, valued at PKR 3.5 billion. The issuance comes as the company navigates a comple…
Islamabad: The Pakistan Credit Rating Agency Limited (PACRA) has assigned preliminary ratings to the National Vocational and Technical Training Commission’s (NAVTTC) Term Finance Certificates (TFCs), marking a significant step in the launch of Pakista…
Karachi: The State Bank of Pakistan (SBP) announced a significant policy shift today, reducing its monetary policy rate by 50 basis points to 10.5%. The decision, revealed during a post-monetary policy statement briefing by the SBP Governor, reflects …
Karachi: System Limited (SYS) conducted its corporate briefing today to discuss the third quarter results for the calendar year 2025 and its future outlook. The company reported a notable increase in earnings per share (EPS) of Rs1.90, marking a 46% i…
Karachi: Pakistan Vanaspati Manufacturers Association (PVMA) Chairman Sheikh Umer Rehan has raised alarm over the ongoing strike by goods transporters, highlighting its potential to significantly disrupt the national economy. The strike, he said, is a…
Karachi: Systems Limited (SYS) has announced the acquisition of Confiz Limited, marking a significant expansion in its capabilities and market reach. The acquisition, conducted through a 100% share swap, is expected to enhance Systems Limited’s revenu…
KARACHI: The SITE Association of Industry has voiced its dissatisfaction with the State Bank of Pakistan’s recent policy decision to cut the interest rate by only 50 basis points. Ahmed Azeem Alvi, the association’s president, argued that the modest r…