General Business News

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the entity ratings of Nisar Spinning Mills (Pvt.) Limited (NSMPL), citing the company's diverse business operations and established market presence. Despite this, the company's rev...

Islamabad: Pakistan and Bangladesh are entering a new phase of engagement, driven by mutual interests in peace, economic progress, and regional cooperation. Both nations are working to overcome historical tensions to forge a constructive partnership, ...

Karachi: The Exchange Companies Association of Pakistan reported minor fluctuations in currency exchange rates on July 11, 2025. The latest figures indicate subtle changes across several major currencies. According to the association, the U.S. dolla...

Karachi: The Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Muhammad Aman Pracha, has voiced concerns about the impact of current tax policies on the business environment. He called for the government to revoke...

Karachi: The State Bank of Pakistan has released the latest weighted average customer exchange rates, indicating minor fluctuations in the buying and selling rates of major global currencies. According to the Domestic Markets and Monetary Managemen...

Karachi: The auto sector in Pakistan has witnessed a strong recovery in FY25, with sales soaring following a two-year downturn. Total industry sales rose by 20% year-on-year, reaching 182,452 units, according to a report by AKD Securities Limited. I...

Karachi: The KSE-100 Index experienced a significant decline, losing 826 points to close at 132,577, with a trading volume of 903 million shares. Top gainers included BNWM, GADT, and YOUW, while PSEL, HGFA, and SCBPL saw the largest losses. Investment...