General Business News

Karachi: Pak-Qatar Asset Management Company Limited (PQAMC) has declared a dividend of PKR 0.2095 per unit for the Pak-Qatar Monthly Income Plan (PQMIP) for May 2025. The announcement was made following the approval of the distributions by the CEO, Mr...

KARACHI: The Pakistan Chemical and Dyes Merchants Association (PCDMA) has expressed concerns over the challenges faced by traders due to a new requirement imposed by the Federal Board of Revenue (FBR). The FBR's SRO 55(I)/2025 mandates registered comm...

Karachi: The Pakistan Stock Exchange (PSX) witnessed a dynamic trading session today, with initial bullish sentiment propelling the market to a new intraday high before profit-taking activities led to a modest decline. The market closed at 121,641 poi...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has upheld the stability rating for the Pak Qatar Income Plan, part of the Pak Qatar Islamic Income Fund. The plan, aimed at corporate and high net worth investors, offers a low-risk profile w...

Karachi: The Senior Sindh Minister for Information, Transport, and Mass Transit, Sharjeel Inam Memon, has committed to facilitating a meeting between the Sindh Industrial and Trading Estate (SITE) members and the Chief Minister of Sindh to discuss pre...

Karachi: The Senior Sindh Minister for Information, Transport, and Mass Transit, Sharjeel Inam Memon, has committed to facilitating a meeting between the Sindh Industrial and Trading Estate (SITE) members and the Chief Minister of Sindh to discuss pre...

Karachi: In a recent announcement, the State Bank of Pakistan has outlined new financial ceilings and floors for institutions, effective from June 3, 2025. This development marks a significant adjustment in the monetary framework governing financial e...