General Business News

KARACHI: Faisal Moiz Khan, President of the North Karachi Association of Trade and Industry (NKATI), has expressed disappointment over the State Bank of Pakistan's decision to keep the policy interest rate unchanged at 11 percent. He warned that maint...

KARACHI: A delegation of ten Pakistani textile companies participated in the Intertextile Shanghai Apparel Fabrics and Yarn Expo Autumn 2025, held recently in China, drawing interest from international buyers and industry stakeholders. According to ...

Karachi: The Exchange Companies Association of Pakistan released updated currency rates today, indicating a stable exchange environment for major currencies against the Pakistani Rupee. The US Dollar is being traded at a buying rate of 282.03 and a ...

Lahore: The Bank of Punjab (BOP) reported a significant 41% year-on-year increase in its unconsolidated profit for the first half of the calendar year 2025, reaching PkR6.8 billion, as revealed in an analyst briefing held today. This growth is attribu...

Islamabad: Bestway Cement Limited (BWCL) announced a significant 73% year-over-year increase in profit for the fiscal year 2025, reaching PkR23.9 billion (EPS: PkR40.0), compared to PkR13.8 billion (EPS: PkR23.1) in FY24. This substantial growth comes...

Islamabad: The State Bank of Pakistan (SBP) has held its benchmark interest rate steady at 11% amidst the ongoing floods, a decision consistent with market anticipations. The Monetary Policy Committee (MPC), in its statement, acknowledged a slight wor...

Islamabad: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Vice President Muhammad Aman Pracha expressed his disapproval of the State Bank's choice to hold steady the benchmark interest rate. Pracha noted that Pakistan's lending ra...