Karachi: The State Bank of Pakistan announced a new floor limit for institutional investments, setting the amount at 60,000 for one institution, effective from May 20, 2025. This adjustment aims to regulate the flow of investments within the banking s…
Karachi: The State Bank of Pakistan (SBP) disclosed that on October 7, 2025, two institutions accessed its overnight repo facility, utilizing a total of 44,900 million Pakistani Rupees. No institutions accessed the overnight reverse repo facility on t…
Karachi: TCL has announced a new partnership with AlfaMall to offer 0% markup installment plans for its range of televisions and air conditioners. This initiative allows customers to purchase Smart TVs, 4K UHD TVs, QLED TVs, Mini LED displays, and ene…
Karachi: Sheikh Umar Rehan, the Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), has called on the federal government to abolish Section 8B of the Sales Tax Act for the ghee and cooking oil industry in the upcoming budget. He addre…
Karachi: The Exchange Companies Association of Pakistan has released new data showing fluctuations in foreign currency exchange rates as of May 20, 2025. The report provides insights into the buying and selling rates for several major currencies, refl…
Karachi: MG Motors Pakistan recently celebrated a significant milestone with the line-off ceremony of its 1000th locally assembled MG HS Plug-in Hybrid Electric Vehicle (PHEV) at its plant in Lahore. This event underscores MG’s commitment to advancing…