Islamabad: The State Bank of Pakistan (SBP) has held its benchmark interest rate steady at 11% amidst the ongoing floods, a decision consistent with market anticipations. The Monetary Policy Committee (MPC), in its statement, acknowledged a slight wor…
Islamabad: Mian Zahid Hussain, a prominent business leader and former government official, voiced his frustration over the State Bank of Pakistan’s (SBP) decision to maintain its policy interest rate at 11%. He argues that the current rate hinders eco…
Islamabad: Bestway Cement Limited (BWCL) announced a significant 73% year-over-year increase in profit for the fiscal year 2025, reaching PkR23.9 billion (EPS: PkR40.0), compared to PkR13.8 billion (EPS: PkR23.1) in FY24. This substantial growth comes…
Islamabad: The State Bank of Pakistan’s (SBP) decision to hold the policy rate at 11% has drawn sharp criticism from the SITE Association of Industry (SAI), which argues that the move could undermine the government’s economic revival strategy.
SAI P…
Islamabad: Trans World Enterprise Services (Private) Limited (TES) maintains a developing business profile in Pakistan’s telecom sector, specializing in Fiber-to-the-home (FTTH), Tru TV™, and Voice offerings, according to the Pakistan Credit Rating Ag…
Islamabad: The State Bank of Pakistan (SBP) maintained its benchmark policy rate at 11% amid concerns about the economic impact of recent floods. The central bank, in its monetary policy statement, acknowledged the floods as a “temporary yet significa…