Islamabad: Multan witnessed the inauguration of Pakistan’s first female-led appliance service franchise by Dawlance, a prominent home appliance manufacturer and an Arcelik subsidiary. Australian High Commissioner Neil Hawkins visited the groundbreakin…
Islamabad: Millat Tractors Limited (MTL) reported a significant 38% year-on-year drop in its unconsolidated profit for the fiscal year 2025, reaching Rs6.4 billion (earnings per share of Rs31.94). This decline comes as tractor sales plummeted by 39% c…
Islamabad: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President, Atif Ikram Sheikh, has sharply condemned the State Bank of Pakistan’s choice to hold the benchmark interest rate at 11%, labeling it “baffling” given the presen…
Islamabad: The Pakistani Rupee (PKR) continued its downward trajectory against major international currencies, with the US dollar nearing the PKR 283 mark in the interbank market on September 15, 2025.
The greenback traded between PKR 281.95 and PKR…
Islamabad: Korangi Association of Trade and Industry (KATI) President Junaid Naqi expressed profound dissatisfaction with the State Bank of Pakistan’s decision to hold the monetary policy rate at 11 percent, particularly given the record-low inflation…
Islamabad: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Vice President Muhammad Aman Pracha expressed his disapproval of the State Bank’s choice to hold steady the benchmark interest rate.
Pracha noted that Pakistan’s lending ra…