FLASHNEWS:

Category: Business

UNISAME Calls for SMEDA to Foster Joint Ventures with China

Karachi: The Union of Small and Medium Enterprises (UNISAME) has called on the Small and Medium Enterprises Development Authority (SMEDA) to facilitate partnerships and technology transfers with China. This initiative aims to bridge the technological …

State Bank of Pakistan Reports Access to Overnight Facilities

Karachi: The State Bank of Pakistan announced that on May 12, 2025, it provided financial institutions access to its overnight repo and reverse repo facilities. The central bank facilitated one institution with Rs. 145,000 million under the repo facil…

Automobile Sales Forecast Shows Mixed Growth Trends

Karachi: Automobile sales in Pakistan are projected to experience a slight increase in April 2025, with three major companies anticipating a 4% year-on-year growth, according to a report by JS Global. Indus Motors Company Ltd (INDU), Honda Atlas Cars …

Currency Exchange Rates Show Stability Amid Market Fluctuations

Karachi: The latest figures from the Exchange Companies Association of Pakistan indicate stable currency exchange rates amid ongoing market fluctuations.

As of May 12, 2025, the US dollar is being traded between 282.05 and 283.50, while the Euro ra…