General Business News

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...

Karachi: Zubair Tufail, the President of the United Business Group and former head of the Federation of Pakistan Chambers of Commerce and Industry, has urged the State Bank of Pakistan to slash the policy rate by 4 to 5 percentage points in the upcomi...

Karachi: Pakistan's Consumer Price Index (CPI) for July 2025 is anticipated to register at 2.8%, according to a recent analysis by JS Global. This figure marks a transition towards more normalized price trends as the base effect diminishes. Food inf...