General Business News

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FPCCI Challenges Government’s Election Timeline for Trade Bodies

Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has officially voiced its opposition to the government's proposed plan to advance trade body elections to 2025. Mr. Atif Ikram Sheikh, President of FPCCI, revealed that a co...

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Engro Polymer and Chemicals Ltd Reports Loss Amid Challenging Market Conditions

Karachi: Engro Polymer and Chemicals Ltd (EPCL) held an analyst briefing to discuss its financial performance for the calendar year 2024 and future outlook. The company reported a significant loss of PKR 160.6 million compared to a profit of PKR 8.9 b...

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VIS Reaffirms Globe Residency REIT Rating Amid Economic Challenges

Karachi: The VIS Credit Rating Company Limited has reaffirmed the Development REIT rating of Globe Residency REIT (GRR) at 'RFR2 (dr)', indicating a high likelihood of successful project implementation despite various economic challenges. The outlook ...

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Exchange Rates Show Minor Variations Across Currencies

Karachi: The State Bank of Pakistan released its latest figures on February 12, 2025, revealing the weighted average customer exchange rates for various currencies. The report indicates slight fluctuations in both buying and selling rates across diffe...

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Exhibitions Forge New Business Opportunities at ‘Made in Uzbekistan’ Event

Lahore: Exhibitions play a crucial role in fostering trade, innovation, and economic growth by providing a platform for businesses to present their products, services, and innovations. This was emphasized by Mian Abuzar Shad, President of the Lahore C...

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Pakistan Banking Summit 2025: A Major Step Toward Financial Innovation

Karachi: The Pakistan Banks Association (PBA) has announced the launch of the Pakistan Banking Summit 2025 (PBS'25), a significant industry-led event scheduled for February 24 and 25, 2025, in Karachi. The summit is expected to gather over 1,000 repre...

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