General Business News

Islamabad: Short-term lending rates witnessed a minor dip on September 22, 2025, according to data released by the State Bank of Pakistan. The Karachi Interbank Offered Rate (KIBOR) for one-week loans decreased to 10.82% bid and 11.32% offer, down sli...

Islamabad: The Pakistani Rupee (PKR) maintained its downward trajectory against major international currencies, according to the Exchange Companies Association of Pakistan (ECAP) closing rates on September 22, 2025. The US dollar continued its ascent,...

Islamabad: Mian Zahid Hussain, a prominent Pakistani business leader, has emphasized the need for Pakistan to leverage its partnership with China to address the persistent trade imbalance between the two nations. Hussain, who holds several key positio...

Karachi: Jubilee Life Insurance (JLI) and United Bank Limited (UBL) have joined forces to introduce new insurance products designed to enhance financial security for their clientele. The alliance combines the expertise of Pakistan’s largest private se...

Islamabad: Pakistan's local cement shipments are projected to increase by 3% year-on-year to 3.08 million tons in September 2025, despite a 1% month-on-month decline. This projection, based on 21 days of data showing 2.15 million tons in local sales, ...

Islamabad: The State Bank of Pakistan's data for September 22, 2025, reveals a concerning absence of a floor for institutional lending. While the ceiling for such loans was set at 40,100, no lower limit was established. This suggests potential volatil...

Islamabad: Pakistan's Consumer Price Index (CPI) is projected to reach 6.0% in September 2025, signaling a return to typical price patterns following the dissipation of the base effect. Food price increases are anticipated to be a primary driver, wi...