General Business News

Karachi: Lucky Electric Power Company Limited (LEPCL) has been assigned an initial rating by The Pakistan Credit Rating Agency Limited (PACRA), marking a significant milestone for the power company. The rating pertains to the company's issuance of PPS...

Karachi: The Exchange Companies Association of Pakistan has released the latest currency exchange rates, indicating minor fluctuations across major foreign currencies against the Pakistani Rupee. The announcement, communicated through their official c...

Islamabad: Fauji Fertilizer Company Ltd. (FFC) announced a significant increase in earnings for the first quarter of the calendar year 2025 during a corporate briefing, despite facing industry-wide challenges. The company reported earnings of PkR13.3 ...

Karachi: E-commerce platform Daraz Pakistan has announced the launch of its 5.5 Best Price Sale, presenting substantial discounts and savings opportunities for customers from May 5 to May 9, 2025. The company describes the deals as "worth their weight...

Karachi: The State Bank of Pakistan (SBP) has initiated a monetary easing cycle, attributed to a significant drop in inflation. This move is aimed at addressing challenges from trade tariffs and geopolitical tensions while benefiting from anticipated ...

Karachi: The Exchange Companies Association of Pakistan (ECAP) reported the closing exchange rates for various currencies as of May 5, 2025. The rates reveal the current state of international currency exchanges in the open market. The US dollar mai...

Karachi: The State Bank of Pakistan (SBP) reduced its policy rate by 100 basis points to 11.0%, aligning with expectations and reflecting improved inflation outlook due to decreased electricity and food prices. Despite this positive development, the c...