Karachi: In a critical assessment of recent monetary policy, Zubair Tufail, former President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and current President of the United Business Group (UBG), has expressed significant co…
KARACHI: Pakistan Chemicals and Dyes Merchants Association (PCDMA) has voiced deep disappointment over the State Bank of Pakistan’s decision to increase the policy rate by one percent, warning that this measure could lead to a further slowdown of the…
Karachi: The State Bank of Pakistan (SBP) has announced an increase in the policy rate by 100 basis points, bringing it to 11.5%. This move, set to take effect on April 28, 2026, is a response to rising inflationary pressures linked to geopolitical te…
KARACHI: Leaders of the Karachi business community have lauded the Federal Minister for Maritime Affairs and the Karachi Port Trust leadership for implementing significant relief measures in storage and demurrage charges at Karachi Port. This decision…
Karachi: The Exchange Companies Association of Pakistan (ECAP) has released the latest open market exchange rates, indicating slight variations in the buying and selling prices of major currencies. The rates, published for informational purposes, deta…
Karachi: The Exchange Companies Association of Pakistan (ECAP) has released the latest open market exchange rates, indicating slight variations in the buying and selling prices of major currencies. The rates, published for informational purposes, deta…