General Business News

Karachi: Security Papers Limited (SPL) has announced its financial results for the fiscal year ending June 30, 2025, showcasing significant growth and profitability. The company reported a profit before tax of PKR 2,414 million, highlighting its stron...

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: Banks in Pakistan are expected to report a year-over-year decline in core income for the second quarter of the calendar year 2025, according to a financial preview provided by JS Global. The contraction is attributed to narrowing net interest...

Karachi: The Exchange Companies Association of Pakistan has released new foreign currency exchange rates, indicating minor fluctuations across various currencies. The rates, dated July 30, 2025, show changes in buying and selling prices for key foreig...

Karachi: TPL Properties has initiated construction on Lagoon Views 1, the first residential tower of The Mangrove, Karachi's pioneering mixed-use sustainable development located at Cantonment Board Korangi Creek. The groundbreaking ceremony, held on J...

Karachi: President of the Korangi Association of Trade and Industry (KATI), Junaid Naqi, has voiced significant disappointment regarding the State Bank of Pakistan's (SBP) decision to maintain the policy interest rate at 11%. Naqi argues that this dec...