Karachi: Sheikh Umer Rehan, Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), has voiced concerns over the Federal Budget 2025-26, labeling it as disappointing for the food sector, specifically the ghee and cooking oil industry. He …
Karachi: The Exchange Companies Association of Pakistan (ECAP) released the open market closing exchange rates on June 13, 2025, indicating a stable performance across major international currencies against the Pakistani Rupee. The data, sourced from …
KARACHI: The State Bank of Pakistan has announced the latest exchange rates for major international currencies, providing key data on buying and selling rates for October 22, 2026. The new rates indicate the value of the Pakistani rupee against a rang…
Karachi: Pakistan State Oil Ltd (PSO), the country’s leading oil marketing company, held an analyst briefing today to present its financial results for the nine months ending in fiscal year 2025. Despite a drop in net sales, the company reported an in…
Karachi: The Karachi Interbank Offered Rate (KIBOR) showed minor fluctuations across different tenors, with rates maintaining a narrow range. The 1-week bid and offer rates were recorded at 10.14 and 10.64, respectively, while the 1-year rates stood a…
Karachi: Pakistan State Oil Company Limited (PSO) recently held its Analyst Briefing to discuss its financial performance and future outlook. The company reported earnings of Rs15.3 billion, translating into an earnings per share (EPS) of Rs32.52 on a…