Islamabad: The Exchange Companies Association of Pakistan released new currency exchange rates, showing minor fluctuations across various major currencies. The announcement comes amid a steady global economic situation. According to the association,...
Read More »Smeda, Akhuwat Join Forces To Empower Micro Enterprises
Islamabad: The Small and Medium Enterprises Development Authority (SMEDA) and Akhuwat Islamic Microfinance (AIM) have partnered to bolster micro-enterprises in Pakistan, aligning with Prime Minister Shehbaz Sharif's vision for inclusive economic expan...
Read More »Efforts to Boost EV Charging Stations in Pakistan Gain Momentum
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has lauded the Ministry of Climate Change and Environmental Coordination for its strides in promoting electric vehicles (EVs), aiming to reduce the nation's dependency on fo...
Read More »Fuel Hike Sparks Economic Concerns in Pakistan
Karachi: The recent rise in fuel prices is acting as a financial strain on Pakistan's population and industries, according to Mian Zahid Hussain, a prominent business leader. He highlighted the challenges posed by the government's decision to increase...
Read More »Bank AL Habib and Indus Motors Launch Attractive Car Financing Offer
Karachi: Bank AL Habib, in collaboration with Indus Motors Company, has announced a new financing offer for prospective car buyers, providing discounted markup rates on various Toyota models including the Yaris, Corolla Sedan, Corolla Cross, Fortuner,...
Read More »Fertilizer Sales Projected to Rebound in June 2025 Amid High Inventory Levels
Karachi: Fertilizer sales are anticipated to experience a significant recovery in June 2025, with Urea off-take expected to reach 580,000 tons, marking a 20% increase compared to the previous year and a 39% rise from the previous month. Despite this g...
Read More »Manufacturing Sector in Pakistan Faces Slowdown as New Orders Decline
Karachi: Pakistan's manufacturing sector experienced a notable deceleration in June, with the HBL Manufacturing Purchasing Managers' Index (PMI) dropping to a 10-month low of 50.5, compared to 51.1 in May. This decline signals a significant slowdown i...
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