General Business News

Lahore: In an effort to enhance bilateral relations and tap into new economic opportunities, Pakistan and China are prioritizing cultural diversity as a fundamental aspect of their strategic partnership, according to Nazir Hussain, President of the Pa...

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...

Karachi: Pakistan's leading telecommunication provider, PTCL Group, has announced a partnership with TPL Insurance to introduce a new financial guarantee system aimed at facilitating the adoption of digital tools and equipment across various industrie...

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has voiced its disappointment over the State Bank of Pakistan's (SBP) decision to keep the policy rate steady at 11 percent. KCCI President Muhammad Jawed Bilwani described the move as overl...

Karachi: The Pakistan Credit Rating Agency (PACRA) has upheld the entity ratings of Meskay and Femtee Trading Company (Pvt.) Ltd., a key player in the rice export sector. The decision reflects the company’s notable standing in the national market, bac...