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Read More »Daily Archives: May 5, 2025
State Bank of Pakistan Releases New Financial Data on Ceiling and Floor Limits
Karachi: The State Bank of Pakistan has disclosed updated financial figures relating to the ceiling and floor limits for May 5, 2025, according to a recent press release. The data indicates that the ceiling amount set by the bank stands at 63,800, w...
Read More »Amended Tax Ordinance Sparks Economic Concerns
Karachi: Faisal Moiz Khan, President of the North Karachi Association of Trade and Industry (NKATI), has voiced strong opposition to the newly issued Tax Laws (Amendment) Ordinance 2025. He criticized the ordinance for being enacted without stakeholde...
Read More »Chinese Delegation Explores New Economic Ventures with Pakistan
LAHORE: In a move poised to enhance economic ties between Pakistan and China, a top-level Chinese business delegation visited the Pakistan China Joint Chamber of Commerce and Industry (PCJCCI). The meeting, held on Monday, brought together senior repr...
Read More »Aramco Partnership Boosts Gas and Oil Pakistan Limited’s Ratings
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has upgraded the ratings for Gas and Oil Pakistan Limited (GO), recognizing the company's robust financial footing and strategic partnership with Aramco. Aramco's acquisition of approximately 4...
Read More »Monetary Policy Sparks Criticism from Pakistan’s Trade and Industry Leaders
Karachi: The business, industry, and trade community in Pakistan have expressed dissatisfaction with the recent monetary policy decision by the State Bank of Pakistan (SBP), according to Mr. Atif Ikram Sheikh, President of the Federation of Pakistan C...
Read More »Aramco Partnership Boosts Gas and Oil Pakistan Limited’s Ratings
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has upgraded the ratings for Gas and Oil Pakistan Limited (GO), recognizing the company's robust financial footing and strategic partnership with Aramco. Aramco's acquisition of approximately 4...
Read More »Industry Chief Calls for Aggressive Rate Cuts to Boost Economy
KARACHI: Ahmed Azeem Alvi, president of the SITE Association of Industry, expressed dissatisfaction with the State Bank of Pakistan's recent decision to reduce the policy rate by 100 basis points. Alvi urged the central bank to slash the rate into sin...
Read More »SBP Lowers Policy Rate by 100bps Amid Inflation Drop, Anticipates Economic Stability
Karachi: The State Bank of Pakistan (SBP) reduced its policy rate by 100 basis points to 11.0%, aligning with expectations and reflecting improved inflation outlook due to decreased electricity and food prices. Despite this positive development, the c...
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