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Category: Business

Pakistan’s Manufacturing Sector Faces Continued Decline

Islamabad: The Pakistan Bureau of Statistics (PBS) has reported a 3.7% year-on-year decrease in Large Scale Manufacturing (LSM) for December 2024, marking the third consecutive year of negative growth in the first half of the fiscal year.

According…

Trade Bodies Protest Government Decision to Hold Early Elections

Karachi: The Chairman of the All Pakistan Motorcycle Spare Parts Importers and Dealers Association (AP MASPDA), Sohail Osman, voiced his concerns regarding the federal government’s decision to conduct new elections for trade bodies in 2025.

Accordi…

Currency Exchange Rates Show Stability Amid Economic Uncertainty

Karachi: Recent currency exchange rates have shown stability despite ongoing economic uncertainty, as revealed in a press release from the Exchange Companies Association of Pakistan. The rates, which were released on February 20, 2025, indicate minor …

OGDCL Awards Grant to LUMS for Cleantech and EnergyTech Hub

Lahore: Oil and Gas Development Company Limited (OGDCL) has awarded a significant grant to the LUMS Centre for Entrepreneurship to establish a Cleantech/EnergyTech Zone aimed at fostering innovation in sustainable energy solutions. This initiative see…