General Business News

Karachi: Muhammad Hanif Lakhani, former Vice President of the Federation of Pakistan Chambers of Commerce and Industry, has criticized the Federal Budget 2025-26, labeling it as harmful to the industry. Lakhani expressed concerns over the government's...

Karachi: The State Bank of Pakistan (SBP) announced it would keep the policy rate unchanged at 11%, highlighting concerns over rising imports and geopolitical tensions in the Middle East. These factors were identified as significant risks contributing...

Karachi: The Exchange Companies Association of Pakistan has released the latest currency exchange rates, revealing fluctuations in the value of multiple currencies against the Pakistani Rupee. As of June 17, 2025, the USD is being bought at 283.80 and...

Lahore: Fertilizer sales in Pakistan showed signs of recovery for the first time in calendar year 2025, according to a recent report by AKD Securities Limited. The resurgence is attributed to the introduction of interest-free loans under the Punjab Ki...

Lahore: The Lahore Chamber of Commerce and Industry has condemned the Israeli attack on Iran, describing it as a grave breach of international norms and a threat to regional and global peace. LCCI leaders called for decisive international action in re...

Karachi: SIMOSA, the flagship digital platform by Jazz, has been featured in an Ivey Publishing business case study titled "Jazz World to SIMOSA: A Blueprint for Digital Transformation from App to Ecosystem." This study, authored by students from NUST...

Karachi: The Exchange Companies Association of Pakistan (ECAP) released the open market closing exchange rates for June 16, 2025, indicating slight changes in currency values. The data, sourced from the State Bank of Pakistan, highlighted minor fluctu...