Karachi: SM Tanveer, Patron of the United Business Group and former Provincial Minister of Punjab, has voiced significant concern regarding the current economic challenges faced by industries in Pakistan, exacerbated by recent price hikes and tax incre…
Faisalabad: Interloop Limited (ILP), a leading textile manufacturer, has maintained its Buy rating, though with a revised target price of Rs90, indicating a potential upside of 30%. This adjustment reflects a 10% reduction from the previous target pri…
Islamabad: FTSE Russell has reclassified Pakistan from a Secondary Emerging Market to a Frontier Market, effective September 2024, due to its failure to meet the minimum securities count requirement. This adjustment follows the country’s placement on …
Karachi: The currency exchange rates in Pakistan have shown minor fluctuations over consecutive days, as per the latest data from the Exchange Companies Association of Pakistan. Notably, rates for major currencies like the USD, Euro, and GBP have seen…
Karachi: Saifuddin Junejo, Chairman of the Export Processing Zone Authority (EPZA), has called on the business community to explore the opportunities presented by the newly introduced concepts of Private and Public Participated Export Processing Zones…
Karachi: United Business Group (UBG) President, Mr. Zubair Tufail, has voiced strong opposition against the government’s economic strategies, particularly its compliance with stringent International Monetary Fund (IMF) conditions. Mr. Tufail argues th…