Karachi: In a recent statement, Altaf A. Ghaffar, the Acting President of the Karachi Chamber of Commerce and Industry (KCCI), criticized the State Bank of Pakistan’s decision to cut the interest rate by only 2 percent to 17.5 percent. He argued tha…
Karachi: Leaders from the United Business Group (UBG), including President Zubair Tufail and several other central figures, have made a strong appeal to the government to reduce interest rates by 4 to 5 percent. This significant reduction is proposed i…
Karachi: Farhan Hanif, a prominent industrialist and leader of the United Business Group (UBG), has urged the Governor of the State Bank of Pakistan to lower the policy rate to 10% to be in line with the current inflation rate of 9%. This statement was…
Islamabad: Celebrating nine years of operation, Pakistan’s top e-commerce platform, Daraz, launches its 9.9 Anniversary Sale today, promising significant savings across a broad assortment of products. The week-long event, starting September 9 and cont…
Islamabad: The All Pakistan Cement Manufacturers Association (APCMA) has reported a sharp decline in cement dispatches in August 2024, with sales falling by 25.68% year-on-year, attributing the drop to significant tax hikes that have driven up prices …
Karachi: The Union of Small and Medium Enterprises (UNISAME) has voiced urgent concerns about delays in Prime Minister Shehbaz Sharif’s program to enhance the Small and Medium Enterprises Development Authority (SMEDA), aimed at revitalizing the critic…