KARACHI: President of the Korangi Association of Trade and Industry (KATI), Muhammad Ikram Rajput, has raised alarm over the country's expanding trade deficit, urging immediate government intervention to address the worsening economic situation. The...
Read More »Yearly Archives: 2025
Cement Sector Sees Continued Growth as Domestic Demand Rises
Karachi: Cement dispatches in September 2025 reached 4.2 million tons, marking a 7% increase compared to the same period last year. This growth was primarily driven by a 14% rise in local sales, which effectively countered a 15% decrease in exports. M...
Read More »SBP’s Unchanged Policy Rate Sparks Concerns Over Economic Impact
Karachi: Mian Zahid Hussain, a prominent business leader, has voiced concerns over the State Bank of Pakistan's (SBP) decision to maintain the policy rate at 11.00%. He warned that the decision could harm industrial growth and the country's export com...
Read More »Messe Frankfurt Highlights Heimtextil 2026 at Lahore Carpet Expo
KARACHI: Messe Frankfurt Pakistan successfully participated in the 41st Pakistan International Handmade Carpet Exhibition, held in Lahore from October 7 to 9, 2025. The event, organized by the Pakistan Carpet Manufacturers and Exporters Association...
Read More »Ceasefire Agreement Marks New Phase in Gaza Conflict Resolution
Karachi: Malik Muhammad Bostan, Chairman of the Exchange Companies Association of Pakistan, has welcomed the ceasefire agreement between Israel and Hamas, expressing optimism that the deal will help bring an end to the two-year-long war in Gaza. In ...
Read More »Zoom Phone hits 10 million seats, transforming how businesses connect in the AI era
SAN JOSE, Calif., Oct. 09, 2025 (GLOBE NEWSWIRE) — Today, Zoom Communications, Inc. (NASDAQ: ZM) announced that Zoom Phone, its AI-first, cloud phone system, recently surpassed 10 million seats globally, marking a major milestone in the company’s mission to modernize business communications. Since its launch in 2019, Zoom Phone has become one of the fastest-growing cloud telephony […]
Read More »Jetex to Champion Sustainability and Innovation at Dubai Airshow 2025
Jetex appointed as exclusive handler of Dubai Airshow 2025 Dubai, Oct. 09, 2025 (GLOBE NEWSWIRE) — Jetex, a global leader in private aviation, has been appointed as an exclusive ground handler and provider of sustainable aviation fuel (SAF) at Dubai Airshow 2025. Sustainability will take centre stage at the event, reinforcing the event’s role not […]
Read More »Currency Exchange Rates Fluctuate Amid Economic Uncertainty
Karachi: Currency exchange rates experienced fluctuations on October 9, 2025, as reported by the Exchange Companies Association of Pakistan. The movements come amid ongoing economic uncertainty. The US dollar saw a buying rate of 281.71 and a sellin...
Read More »Exchange Rates Show Subtle Fluctuations Across Major Currencies
Karachi: The State Bank of Pakistan released the latest weighted average customer exchange rates, revealing minor fluctuations in the buying and selling rates for major global currencies. The data, current as of October 9, 2025, offers insights into t...
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