General Business News

Karachi: The State Bank of Pakistan has released new financial data reflecting the ceilings and floors for institutional transactions as of August 29, 2025. The data shows a ceiling amount of 2,000 with one institution involved, while the floor amount...

Karachi: The Karachi Interbank Offered Rate (KIBOR) remained stable across various tenors, reflecting a steady economic environment despite ongoing uncertainties. The State Bank of Pakistan released the latest rates, which showed minimal fluctuations ...

Karachi: The State Bank of Pakistan has published the latest weighted average customer exchange rates for various currencies, providing crucial data for financial analysts and businesses engaged in international trade. The rates, issued by the Domesti...

Karachi: Archroma Pakistan Limited (APRL) announced a significant financial turnaround during its corporate briefing today, showcasing a 13% year-on-year revenue increase, totaling Rs21.5 billion for the first nine months of FY25. The company's strate...

Karachi: Engro Holdings Ltd. (ENGROH) reported a substantial increase in its earnings for the second quarter of the calendar year 2025. The company announced a consolidated earnings figure of PKR 33.7 billion, reflecting a significant rise from the PK...

Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates, revealing minor fluctuations across major currencies. The report, dated August 28, 2025, shows the USD buying rate at 282.86 and selling at 283.70. Th...

Karachi: The Central Depository Company of Pakistan (CDC) has successfully integrated AKD Securities Limited into its RAAST Aggregator Platform, enabling real-time, secure fund transfers for investors. This collaboration, facilitated by Microlinks (Pv...