KARACHI: The Chairman of the Pakistan Vanaspati Manufacturers Association, Sheikh Umer Rehan, has called on the State Bank of Pakistan to lower the policy interest rate to 6% amid signs of economic improvement. He argued that the current 11% rate is s...
Read More »Daily Archives: July 28, 2025
High Interest Rates Pose Threat to Pakistan’s Industry, Warns Business Leader
Karachi: Zubair Tufail, President of the United Business Group and a prominent figure in Pakistan's business community, has urged the State Bank of Pakistan to lower the policy interest rate to a single digit. His call comes ahead of the monetary poli...
Read More »Sukkur Chamber Hosts FPCCI President Amid Economic Challenges
Karachi: In a significant display of unity and support, the Sukkur Chamber of Commerce and Industry (SCCI) hosted a high-profile dinner in honor of Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI...
Read More »Faisal Moiz Khan Presses for Interest Rate Cut to Boost Industry
Karachi: Faisal Moiz Khan, President of the North Karachi Association of Trade and Industry (NKATI), has called upon the State Bank of Pakistan to reduce the policy interest rate by 2 to 3 percent. This appeal comes ahead of the bank's Monetary Policy...
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