Karachi: The KSE-100 index experienced a volatile trading day, initially opening on a positive note but closing with a loss of 165 points at 139,254. This decline follows the index reaching an intraday high of 783 points and a low of 315 points. Tradi…
Karachi: Prominent Pakistani rice exporter Rafique Suleman has been elected President of the Pakistan-Kenya Business Council (PKBC). Suleman, who has been instrumental in enhancing trade relations between the two countries, pledged to deepen the econo…
KARACHI: Pakistan has achieved a historic current account surplus of $2.1 billion for the fiscal year 2025, driven by a surge in remittances from overseas Pakistanis, according to Mian Zahid Hussain, a prominent business leader. While the development …
Karachi: The Exchange Companies Association of Pakistan released data indicating slight fluctuations in currency exchange rates for major currencies. The U.S. dollar, euro, British pound, Japanese yen, UAE dirham, and Saudi riyal all showed marginal d…
Karachi: The Overseas Investors Chamber of Commerce and Industry (OICCI) has released its Annual Security Survey 2025, showing a marked improvement in security across Pakistan’s major business hubs, including Karachi, Lahore, and Islamabad. The survey…
Karachi: Pakistan’s Consumer Price Index (CPI) for July 2025 is anticipated to register at 2.8%, according to a recent analysis by JS Global. This figure marks a transition towards more normalized price trends as the base effect diminishes.
Food inf…
Karachi: Pakistan’s power sector is bracing for a significant downturn, with earnings for key companies expected to fall sharply. AKD Securities Limited anticipates a 46% year-on-year decline in earnings for the AKD power universe during the fourth qu…