Karachi: Currency exchange rates experienced slight variations today, with the US dollar, euro, British pound, Japanese yen, and Middle Eastern currencies showing minor changes against the Pakistani rupee. The Exchange Companies Association of Pakista…
Karachi: Oil Marketing Companies (OMC) in Pakistan experienced a 5% year-on-year increase in volumes for March 2025, according to the latest report. This growth comes amid a 7% month-on-month rise, with total volumes reaching 1.22 million tons.
Duri…
Karachi: Ahmed Azeem Alvi, President of the SITE Association of Industry Karachi, has welcomed Prime Minister Shehbaz Sharif’s recent announcement of a reduction in electricity tariffs by Rs. 7.59 per unit for industrial consumers. Nevertheless, Alvi …
Karachi: Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), is spearheading a trade delegation to the United Kingdom as part of a Commonwealth program scheduled for April 7th and 8th. The initiati…
Karachi: Cement dispatches in Pakistan for March 2025 saw a decline, attributed to the Eid holiday, with figures recording at 3.57 million tons, marking a 9% year-on-year decrease. Local dispatches fell by 11%, although export figures showed a modest …
Karachi: The recent imposition of a baseline 10% tariff by the United States on imported goods from all trading partners, effective April 5, 2025, is set to impact Pakistan’s textile industry significantly. With further additional taxes anticipated fo…