General Business News

Karachi: The Exchange Companies Association of Pakistan released the latest foreign currency rates, showing slight fluctuations in various currencies against the Pakistani Rupee. The figures reveal minor changes in the buying and selling rates of majo...

Karachi: The Exchange Companies Association of Pakistan released updated currency exchange rates on Saturday, illustrating minor fluctuations across several foreign currencies against the Pakistani Rupee. The US Dollar was quoted with a buying rate ...

Karachi: AGP Limited is projected to report a significant year-on-year increase in earnings for the second quarter of the calendar year 2025, with consolidated earnings expected to reach Rs725 million, reflecting a 90% rise. This translates into an ea...

Karachi: In a growing economic conundrum, the persistent shortage of dollars in Pakistan is compelling businesses to turn to the black market, according to Mian Zahid Hussain, a prominent figure in the business community. The scarcity of foreign curre...

Karachi: Engro Fertilizers and Bank Alfalah Limited have announced a strategic partnership to launch a PKR 250 million financing initiative aimed at empowering farmers across Pakistan. The collaboration will offer loans of up to PKR 1 million to farme...

Lahore: Nestle Pakistan announced its financial results for the first half of 2025, revealing a revenue decline to PKR 101.3 billion, down 5.9% from the same period last year. This drop has been attributed to the introduction of sales tax on most of i...

Karachi: President of the Pakistan Business Forum (PBF) Karachi Division, Malik Khuda Bakhsh, has supported the call by the United Business Group's Patron-in-Chief, S.M. Tanveer, to reduce the interest rate to 6% in the upcoming monetary policy. Bakhs...