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: In a recent statement, Muhammad Jawed Bilwani, President of the Karachi Chamber of Commerce and Industry (KCCI), voiced strong criticism of the State Bank of Pakistan's (SBP) decision to keep the policy interest rate at 11 percent, a level co...

Karachi: Zong, a prominent technology company in Pakistan, has inaugurated a specialized Business Solutions experience zone for Small and Medium Enterprises (SMEs) at its Customer Service Center in Islamabad. This initiative marks a significant step i...

Karachi: Faisal Moiz Khan, President of the North Karachi Association of Trade and Industry (NKATI), has expressed concern over the State Bank of Pakistan's decision to maintain the interest rate at 11%, stating that it contradicts Prime Minister Mian...

Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) expressed dissatisfaction with the State Bank of Pakistan's decision to maintain the current policy rate, a move seen as misaligned with the country's economic needs. Ati...