General Business News

Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates on August 2, 2025, indicating slight adjustments in the value of several foreign currencies against the Pakistani Rupee. According to the association...

Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates on August 2, 2025, indicating slight adjustments in the value of several foreign currencies against the Pakistani Rupee. According to the association...

Karachi: The HBL Pakistan Manufacturing Index (PMI) remained steady at 50.5 in July, sustaining the modest expansion observed in June, which was a 10-month low. Compiled by S and P Global, the PMI serves as a key economic indicator for analysts assess...

Karachi: The State Bank of Pakistan (SBP) decided to maintain the policy rate at 11%, defying widespread market expectations for a cut. The Monetary Policy Committee (MPC) emphasized that the decision was critical to address the challenges posed by ri...

Karachi: Pakistan has finalized a significant trade agreement with the United States aimed at enhancing bilateral trade, expanding market access, and attracting foreign investment. The agreement, announced by AKD Securities Limited, is expected to fos...

Karachi: Bank Alfalah Limited (BAFL) disclosed its second-quarter financial results for the calendar year 2025, revealing a growth in net profit after tax (NPAT) to PkR8.2 billion, translating to earnings per share (EPS) of PkR5.22. The figures repres...

Karachi: Habib Bank Limited (HBL) has reported robust financial results for the second quarter of the calendar year 2025, posting a net profit after tax of PKR 17.8 billion, which translates to earnings per share of PKR 12.12. This marks a 24% year-on...