General Business News

Karachi: Pakistan's power sector is bracing for a significant downturn, with earnings for key companies expected to fall sharply. AKD Securities Limited anticipates a 46% year-on-year decline in earnings for the AKD power universe during the fourth qu...

Karachi: The Overseas Investors Chamber of Commerce and Industry (OICCI) has released its Annual Security Survey 2025, showing a marked improvement in security across Pakistan's major business hubs, including Karachi, Lahore, and Islamabad. The survey...

Lahore: Honda Atlas Cars Pakistan Limited has reported a notable increase in its first-quarter earnings for the fiscal year 2026, attributing the rise to increased sales volumes and improved cost efficiencies. The company's profit after tax reached Pk...

Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates, revealing minor fluctuations across various major currencies. The U.S. dollar's buying and selling rates were reported at 286.25 and 287.60, respec...

KARACHI: Pakistan has achieved a historic current account surplus of $2.1 billion for the fiscal year 2025, driven by a surge in remittances from overseas Pakistanis, according to Mian Zahid Hussain, a prominent business leader. While the development ...

Karachi: Prominent Pakistani rice exporter Rafique Suleman has been elected President of the Pakistan-Kenya Business Council (PKBC). Suleman, who has been instrumental in enhancing trade relations between the two countries, pledged to deepen the econo...

Karachi: The State Bank of Pakistan has released new data detailing the financial ceiling and floor amounts for July 24, 2025. According to the report, there was a ceiling amount of 100 units involving one institution, while the floor amount stood at ...