Karachi: Inflation is expected to see a slight increase in December 2024, reaching 4.15% year-on-year, driven by higher prices in fruits, vegetables, and increased demand for clothing due to cooler temperatures across the nation. The transport index a…
Karachi: JS Bank, a leading financial institution in Pakistan, has launched its Priority Banking services nationwide, aimed at providing tailored banking solutions to its most valued clients. This new initiative is designed to deliver personalized fin…
Islamabad: JazzCash, a prominent fintech platform in Pakistan, has rolled out a Buy Now, Pay Later (BNPL) service, offering an alternative to traditional credit cards. Initially available for purchases from the electronics retailer Telemart and fashio…
Karachi: VIS Credit Rating Company Limited has assigned a preliminary rating of ‘A1+ (plim)’ to Pakistan Telecommunication Company Limited’s (PTCL) proposed PKR 2.5 billion Short-Term Sukuk IX (STS-IX), indicating a strong likelihood of timely repayme…
Karachi: Askari Bank Ltd (AKBL) reported a mixed set of financial results for the first nine months of the calendar year 2024, with a slight decrease in net profit after tax (NPAT) but significant growth in assets and equity. The bank also highlighted…
Karachi: The Exchange Companies Association of Pakistan released the latest foreign exchange rates, indicating slight fluctuations in the values of major currencies against the Pakistani Rupee. The current exchange rates reveal minimal changes in the …