Islamabad: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has proposed a transformative shift from Pakistan’s current industrial economy to a digital-focused economy, taking cues from successful models in China. This recommendation…

Islamabad: Pakistan Petroleum Ltd (PPL) has secured a Development and Production Lease (D and PL) for the Sui Gas Field, ensuring the field’s operation for the next decade and committing to settle significant financial obligations. The company announc…

Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is calling for crucial amendments to the Petroleum Act of 1934 to better align with contemporary industrial needs and practices. FPCCI President, Mr. Atif Ikram Sheikh, high…

Karachi: The President of the Karachi Chamber of Commerce and Industry (KCCI), Muhammad Jawed Bilwani, has voiced concerns over the State Bank of Pakistan’s recent decision to lower the interest rate by 2.5 percent to 15 percent, arguing that it does …

Karachi: The latest currency exchange rates issued by the Exchange Companies Association of Pakistan reveal modest fluctuations in major currencies over recent days, with the US dollar, Euro, and British pound showing slight increases in both buying a…

Karachi: The State Bank of Pakistan (SBP) has reduced its policy rate by 250 basis points to 15.0%, a decision influenced by a faster-than-expected decline in inflation, now nearing the central bank’s medium-term target. This rate cut was part of broa…