FLASHNEWS:

Category: Business

KIBOR Rates Remain Steady Across Most Tenors

Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rates (KIBOR) data, showing consistent rates across most tenors. The bid and offer rates for one-week and two-week tenors are at 10.89 and 11.39, respectively.

The on…

Cement Sector Sees Continued Growth as Domestic Demand Rises

Karachi: Cement dispatches in September 2025 reached 4.2 million tons, marking a 7% increase compared to the same period last year. This growth was primarily driven by a 14% rise in local sales, which effectively countered a 15% decrease in exports. M…

Messe Frankfurt Highlights Heimtextil 2026 at Lahore Carpet Expo

KARACHI: Messe Frankfurt Pakistan successfully participated in the 41st Pakistan International Handmade Carpet Exhibition, held in Lahore from October 7 to 9, 2025.

The event, organized by the Pakistan Carpet Manufacturers and Exporters Association…

SBP’s Unchanged Policy Rate Sparks Concerns Over Economic Impact

Karachi: Mian Zahid Hussain, a prominent business leader, has voiced concerns over the State Bank of Pakistan’s (SBP) decision to maintain the policy rate at 11.00%. He warned that the decision could harm industrial growth and the country’s export com…

Ceasefire Agreement Marks New Phase in Gaza Conflict Resolution

Karachi: Malik Muhammad Bostan, Chairman of the Exchange Companies Association of Pakistan, has welcomed the ceasefire agreement between Israel and Hamas, expressing optimism that the deal will help bring an end to the two-year-long war in Gaza.

In …