KARACHI: President of the Karachi Chamber of Commerce and Industry (KCCI), Muhammad Jawed Bilwani, has expressed strong disappointment over the State Bank of Pakistan’s (SBP) recent decision to implement a nominal 1 percent reduction in the policy int…
Karachi: The currency exchange rates for major global currencies, including the U.S. dollar, Euro, British pound, Japanese yen, and others, have experienced slight fluctuations over recent days, according to the latest data.
According to a statement…
Sialkot: The President of the Sialkot Chamber of Commerce and Industry (SCCI), Mr. Ikram ul Haq, has underscored the urgent need to rejuvenate Pakistan’s construction industry, a critical sector intertwined with 72 other industries, forming a substant…
Karachi: Business leaders in Pakistan have expressed dissatisfaction with the recent monetary policy changes, which they argue do not sufficiently address current economic challenges. The State Bank of Pakistan announced a reduction of 100 basis point…
Karachi: Mari Energies Ltd (MARI) has reported a significant decline in its second-quarter fiscal year 2025 earnings, with Profit After Tax (PAT) falling to PkR11.2 billion, marking a 39% year-over-year decrease. The downturn has been attributed to in…
Karachi: Meezan Bank, Pakistan’s leading Islamic financial institution, has introduced a new Foreign Currency (FCY) Debit Card tailored for the country’s freelancers and exporters. The card is designed for those maintaining an Exporters’ Special Forei…
KARACHI: AL Habib Capital Markets (Pvt.) Limited, a key player in Pakistan’s brokerage industry, has received initial long-term and short-term ratings of ‘A’ and ‘A1’, respectively, with a stable outlook, from the Pakistan Credit Rating Agency Limited…