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Category: Business

KIBOR Rates Experience Little Change Across Tenors

Karachi: The State Bank of Pakistan has released the latest Karachi Interbank Offered Rate (KIBOR) figures, showing marginal fluctuations across various tenors. The data, relevant as of June 3, 2025, indicates a stable lending environment in the count…

FPCCI Criticizes Move for New Taxes on Existing Taxpayers

Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed strong opposition to the potential imposition of new taxes on existing taxpayers in the forthcoming federal budget for the fiscal year 2025-26. The FPCCI has u…

OGDCL and IBA Karachi Collaborate to Launch Leadership Academy

Karachi: In a bid to cultivate future-ready leaders for Pakistan’s energy sector, the Oil and Gas Development Company Limited (OGDCL) and the Institute of Business Administration (IBA) Karachi have launched the OGDCL x IBA Leadership Academy. This nat…

HBL Sets Benchmark with Historic Insurance Payout for Farmers

Karachi: HBL has issued a groundbreaking insurance payout exceeding PKR 10 million under its Area Yield Index Insurance (AYII) program, marking the largest disbursement to date. The payout aims to support farmers in Balochistan and Sindh, offering the…