General Business News

Karachi: The State Bank of Pakistan has released its latest financial figures, revealing a range of interest rate ceilings and floors applied to various institutions. The newly reported data, dated May 7, 2025, indicates significant variation in the a...

Karachi: The State Bank of Pakistan (SBP) has released its latest data on overnight repo and reverse repo facilities, revealing a significant utilization by financial institutions. On May 7, 2025, one institution accessed the SBP's overnight repo faci...

Karachi: Fauji Fertilizer Company Ltd. (FFC) remains a leading player in the fertilizer sector, despite facing industry-wide challenges. The company's strategic positioning and favorable market conditions have solidified its standing, even as it navig...

Karachi: Nokia announced that Cybernet, a leading fiber broadband provider in Pakistan, will implement Nokia's state-of-the-art optical transport solution to establish a new long-haul Optical Fiber Cable (OFC) network. This network, capable of deliver...

Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates, indicating minor changes in the values of several major currencies against the Pakistani Rupee. According to the data provided, the US Dollar is bei...

Lahore: EcoStar, part of Pakistan's leading business conglomerate DWP Group, has announced the launch of its new Prince Series air conditioners, setting a new benchmark in the local market with genuine T3 technology. This launch aims to clarify miscon...

Lahore: In a recent analysis, Zafar Iqbal, Vice President of the Pakistan China Joint Chamber of Commerce and Industry (PCJCCI), asserted that the long-standing dominance of the U.S. dollar in global trade is facing a significant challenge. This shift...