Karachi: The State Bank of Pakistan released its latest data on short-term interest rates, revealing consistent bid-offer spreads across various tenors. The rates, reflecting the yields on government securities, show minimal fluctuation, indicating a …
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to abolish the current maximum retail price (MRP) and tax exemptions on tea imports, arguing that the existing policies are detrimental to the indus…
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called for significant policy changes regarding tea imports, emphasizing the necessity to reclassify tea as a basic commodity rather than a luxury item. Atif Ikram Sheik…
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has assigned initial entity ratings to GH2 Industries (Pvt.) Limited, a nascent company spearheaded by Mr. Rana Nasim Ahmed, with investment support from Descon Holdings (Pvt.) Ltd. and Aureliu…
Islamabad: The Oil and Gas Development Company Limited (OGDCL), in partnership with the Ministry of Energy, led the successful organization of the Pakistan Mineral Investment Forum 2025 (PMIF-25). The event, held in collaboration with key partners suc…
KARACHI: Pakistan experienced a record high in remittance inflows in March 2025, reaching $4.1 billion, a 37% increase compared to the previous year. This surge contributed to a cumulative total of $28 billion for the first nine months of the fiscal y…