KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has voiced its disappointment over the State Bank of Pakistan’s (SBP) decision to keep the policy rate steady at 11 percent. KCCI President Muhammad Jawed Bilwani described the move as overl…
KARACHI: The Korangi Association of Trade and Industry (KATI) has labeled the State Bank of Pakistan’s decision to maintain its policy rate at 11% as a temporary measure in response to current global and regional challenges. Junaid Naqi, the KATI Pres…
Islamabad: PTCL Group, the leading telecommunication and digital services provider in Pakistan, has partnered with TPL Insurance to introduce a financial guarantee system. This initiative is designed to facilitate the adoption of digital tools, handhe…
Karachi: Business and industry leaders in Pakistan have expressed their dissatisfaction with the State Bank of Pakistan’s decision to maintain the current policy rate, citing concerns over its disconnect with the nation’s inflation figures and economi…
Karachi: The Exchange Companies Association of Pakistan reported minimal changes in the currency exchange rates on June 16, 2025. According to the data, the US dollar traded at 283.53 for buying and 285.34 for selling, indicating a stable market.
Th…
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has assigned initial entity ratings to ZKB Construction (Pvt.) Limited, a special purpose vehicle (SPV) established to facilitate Shariah-compliant funding through Sukuk issuance for Zahir Kha…