General Business News

Karachi: The Hub Power Company (HUBC) is exploring various strategic options to expand its business portfolio and address energy challenges in Pakistan, according to management discussions with CEO Kamran Kamal and CFO Muhammad Saqib. The company is c...

Karachi: The Exchange Companies Association of Pakistan reported modest fluctuations in currency exchange rates on Monday, reflecting subtle shifts in the global currency market. The United States dollar was trading at buying and selling rates of 28...

Karachi: The latest Karachi Interbank Offered Rate (KIBOR) data released by the State Bank of Pakistan indicates stability with minor variations across different tenors. The rates, which are pivotal for determining lending costs in the financial secto...

Karachi: The State Bank of Pakistan released its latest figures on Friday, showing the weighted average customer exchange rates for several currencies against the Pakistani Rupee. The data highlights the buying and selling rates for currencies, includ...

Karachi: The Pakistani automobile sector is poised for robust growth, with the country's four leading automakers expected to report a combined sales increase of 68% year-on-year for September 2025, according to a preview by JS Global. Indus Motors Com...

Karachi: The Exchange Companies Association of Pakistan (ECAP) reported the closing exchange rates for major currencies against the Pakistani rupee on October 6, 2025. The rates showed stability in the foreign exchange market. The U.S. dollar was re...

Karachi: Security Papers Limited (SPL) has strengthened its commitment to community well-being by donating medical equipment valued at over PKR 2.8 million to Dr. Ruth K.M. Pfau Civil Hospital in Karachi. This contribution aims to enhance diagnostic a...