Karachi: In a move to modernize customs operations and reduce human interaction, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed strong support for the implementation of the Faceless Customs Assessment (FCA) system. …
Karachi: Pakistan Petroleum Limited (PPL), the primary operator of the Dhok Sultan block, has announced a substantial oil and gas discovery at its Dhok Sultan-03 well. This marks the second successful find by PPL at this location.
PPL holds a 75% wo…
Karachi: The Exchange Companies Association of Pakistan reported slight variations in currency rates, with the US dollar, euro, and British pound experiencing marginal changes. According to the association, the US dollar was traded at buying and selli…
Karachi: The KSE-100 Index saw a significant rise, gaining 1,226 points to close at 152,202 with 1,042 million shares traded. HUBC, THALL, and PSX led the gains, while PGLC, JDWS, and GHGL were the top decliners. The trading activity was primarily con…
Karachi: The Pakistan Telecommunication Authority (PTA) reported a significant increase in local mobile manufacturing and assembly, with 3.59 million units produced in July 2025. This represents a 123% year-on-year growth and a 64% month-on-month rise…
Karachi: The Exchange Companies Association of Pakistan (ECAP) released the closing exchange rates for September 4, 2025, indicating a stable performance of the Pakistani Rupee against major currencies. The State Bank of Pakistan provided the data, re…