Karachi, VIS Credit Rating Company Limited has reaffirmed the credit ratings of Kamal Limited (KL), maintaining a stable outlook for the textile company based on its latest financial performance and market conditions.According to VIS Credit Rating Comp…
Islamabad, In a significant move to bridge the digital divide in Pakistan, Zong 4G has partnered with D3 Communications to enhance high-speed internet access across the country.According to Zong Pakistan, this collaboration aims to provide reliable and…
Lahore, Interloop Limited (ILP) reported a significant increase in its third-quarter financial results for the fiscal year 2024, driven largely by robust export growth. The company recorded unconsolidated earnings of PkR4.1 billion, marking a 38% incre…
Islamabad, In an effort to increase tax revenue and bring more traders into the formal economy, the Federal Board of Revenue (FBR) has launched the Tajir Dost Scheme (TDS).According to Zameen.Com, the FBR’s new initiative targets increasing compliance …
Karachi, The KSE-100 index opened on a positive note but ultimately faced a volatile trading session, closing with a 445-point loss at 70,658 points. The market’s technical indicators suggest cautious trading ahead as the index approaches critical supp…
Karachi, Telenor Microfinance Bank (TMB) has announced a significant financial turnaround in the first quarter of 2024, posting a profit before tax of PKR 1.03 billion, in contrast to a loss in the same period last year.According to Telenor Pakistan, t…
Karachi, The federal minister for maritime affairs, Mr. Qaiser Ahmed Sheikh, has expressed support for the establishment of a dedicated authority to regulate maritime activities in Pakistan, aligning with demands from the Federation of Pakistan Chamber…
Karachi, Fauji Fertilizer Bin Qasim Limited (FFBL) conducted a corporate briefing today to discuss its robust first-quarter results for 2024 and strategic initiatives moving forward, revealing significant growth and market expansion.According to JS Glo…
Karachi, The KSE100 Index experienced a 1.2% week-on-week correction this week, following a recent peak last week, as market volumes decreased and foreign investors showed renewed interest.According to JS Global, the downturn in the index was accompani…
Karachi, The latest earnings previews for ILP, NML, and NCL indicate varying financial performances for the third quarter of fiscal year 2024. ILP is expected to report an increase in earnings due to growth in exports, while NML anticipates higher earn…
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