FLASHNEWS:

Category: Business

PACRA Maintains Rating for TPL REIT Amid Strategic Divestments

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its rating for TPL REIT Management Company Limited, reflecting an adequate financial profile and capital base supported by a governance structure anchored by an experienced boar…

PACRA Maintains Rating of TPL REIT Fund I Amid Strategic Shifts

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained its rating of TPL REIT Fund I, a perpetual, closed-end, Shariah-compliant hybrid Real Estate Investment Trust (REIT) scheme. The decision comes as the Fund undergoes significant…

State Bank of Pakistan Releases Latest Treasury Bill Rates

Karachi: The State Bank of Pakistan has released the latest bid and offer rates for treasury bills across various tenors, highlighting current market conditions. The data provides insight into short-term borrowing costs in the country.

According to …

Pakistani Currency Exchange Rates Steady as Year-End Approaches

Karachi: The Exchange Companies Association of Pakistan (ECAP) released the closing exchange rates for major currencies on December 23, 2025, indicating stable figures as the year draws to a close. The rates, which are published for informational purp…

Pakistan Finalizes Landmark Privatization of National Airline

Karachi: Pakistan has completed its first major privatization deal in nearly two decades with the sale of Pakistan International Airlines (PIAA) for Rs135 billion (US$480 million). The transaction, one of the largest in the country’s history, was conc…