Karachi: The food sector in Pakistan showed modest growth for the first quarter of 2025, with an increase in sales revenue and improved margins, according to a recent analysis. However, the sector continues to lag behind the broader KSE100 Index, desp…
Karachi: Inflation in Pakistan is forecasted to reach 3.4 percent year-over-year in May 2025, according to a report by AKD Securities Limited. This marks an increase from April’s record low of 0.3 percent year-over-year. The rise is attributed to incr…
Sahiwal: Saif Power Ltd (SPWL) reported a 49% decrease in revenue for the calendar year 2024, as outlined in its recent analyst briefing. The company’s revenue dropped to PkR9.7 billion, attributed to a lower plant utilization rate of 8.23%, compared …
KARACHI: The Karachi Chamber of Commerce & Industry (KCCI) has called on Prime Minister Muhammad Shehbaz Sharif to expedite the release of a long-awaited Rs23 billion subsidy for incremental electricity consumption. Despite being allocated in previous…
Karachi: The Government of Pakistan, in collaboration with Meezan Bank and the Pakistan Stock Exchange, has introduced its inaugural sovereign Green Sukuk. This marks a significant step forward in sustainable and Shariah-compliant public financing.
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Kuala Lumpur: The Bank of Azad Jammu and Kashmir has entered into a strategic partnership with Silver Lake Axes, a leading Malaysian company, to advance its digitalization efforts. The collaboration was formalized through a Memorandum of Understanding…