General Business News

Karachi: OMC reported a 10% year-on-year decline in sales volume for November 2025, with totals reaching 1.4 million tons. This downturn affected key products, including Motor Spirit (MS), which saw a 9% year-on-year drop, and Hi-Speed Diesel (HSD), w...

Karachi: Pakistan's Oil Marketing Companies (OMCs) recorded a decline in sales for November 2025, with a total of 1.4 million tons sold, marking a 10% decrease year-on-year and a 5% drop month-on-month. The drop in sales is attributed to a high base i...

KARACHI: Business activity in Jodia Bazar, Karachi's largest wholesale market, has ground to a halt as hours-long power outages continue to paralyze trade. Traders cautioned on Tuesday that if uninterrupted electricity is not restored, the consequence...

KARACHI: Pak-Qatar Asset Management Company Limited (PQAMC), a key player in Pakistan's Islamic financial services sector, announced a dividend of PKR 0.8000 per unit for its Pak-Qatar Monthly Income Plan (PQMIP) for October 2025. The announcement is ...

KARACHI: Abdul Rahim Janoo, the Group Chairman of the Rice Exporters Association of Pakistan (REAP), expressed grave concern over the declining state of rice exports in a meeting with the Karachi Chamber of Commerce and Industry (KCCI) on Tuesday. He ...

Karachi: Pakistan's manufacturing sector showed signs of recovery in November, with the HBL Pakistan Manufacturing PMI, compiled by S&P Global, rising to 52.3, up from 49.6 in October. This marks the first expansion in three months, driven by a renewe...

Karachi: Pakistan's oil marketing companies experienced a 10% year-on-year decline in sales for November 2025, according to AKD Securities Limited. The industry offtake stood at approximately 1.42 million tons, marking a decrease attributed to a high-...