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Tag: Financial Outlook

Pakistan
  • Web Desk
  • Apr 15, 2025
Fitch upgrades Pakistan’s credit rating after years

Fitch has also maintained a “stable outlook” for the long-term rating, suggesting no immediate risk of further downgrades.

Moody's Pakistan banking sector growth outlook 2024
Business
  • Web Desk
  • Aug 31, 2024
Five Pakistani banks see rating upgrade as Moody’s improves outlook

Moody’s Ratings, an international credit ratings agency, has upgraded the long-term deposit ratings of five major Pakistani banks.

Sony PlayStation workforce reduction
Business
  • Web Desk
  • Feb 28, 2024
Sony announces job cuts, studio closure amid industry challenges

Japan’s Sony, revealed on Tuesday that it will be reducing its workforce by approximately 900 employees within its PlayStation unit.

Dollar to rupee intraday trading
Business Pakistan
  • Web Desk
  • Nov 29, 2023
Pakistani rupee declared weakest currency, expected to reach Rs350 vs dollar

The Pakistani rupee (PKR) is poised to conclude the year as the weakest-performing currency in Asia, and this trend is anticipated to persist into 2024.

Pakistan GDP growth
Business
  • Web Desk
  • Oct 09, 2023
Economists predict only 2.4% GDP growth for Pakistan in FY24

In the latest survey conducted by Bloomberg between October 4 and 6, Pakistan’s economic outlook for the fiscal year 2024 appears subdued.

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