Karachi: The Karachi Interbank Offered Rate (KIBOR), a crucial benchmark for short-term lending in Pakistan, showed minor fluctuations as reported by the State Bank of Pakistan on July 3, 2025. The changes in rates were observed across various tenors,…
Lahore: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has commended Punjab’s latest initiative, which introduces smart plastic vending machines as a climate-conscious venture that incentivizes plastic recycling. Nazir Hussain, Pre…
Karachi: In a recent update from the State Bank of Pakistan, new financial ceilings and floors have been established for lending and borrowing among the country’s financial institutions. These changes are slated to take effect on July 3, 2025.
The u…
Karachi: Cement demand in Pakistan is set to increase in the fiscal year 2026, spurred by a government push in public sector development programs and a revival in the construction industry, according to a report by AKD Securities Limited. This follows…
Karachi: The State Bank of Pakistan has released figures detailing overnight repo and reverse repo transactions conducted on July 3, 2025. The report outlines the participation of financial institutions in these monetary facilities, indicating a balan…
Karachi: In a move aligned with the National Tariff Policy 2025-30, the Pakistani government has revised its Additional Customs Duty (ACD) and Regulatory Duties (RDs), aiming to enhance the country’s economic competitiveness. The government has issued…