General Business News

Karachi: The currency exchange rates in Pakistan showed slight variations with the US Dollar and Euro experiencing minor downward trends, according to the latest figures released. The Exchange Companies Association of Pakistan reported the updated buy...

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KARACHI: The third Pakistan Climate Conference, organized by the Overseas Investors Chamber of Commerce and Industry (OICCI), commenced today at the Mövenpick Hotel in Karachi. The two-day event aims to unite policymakers, business leaders, and enviro...

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Karachi: The State Bank of Pakistan (SBP) announced a reduction in its Policy Rate by 100 basis points to 12%, marking the sixth consecutive rate cut in a sustained monetary easing effort. The decision is primarily driven by declining inflation and ai...

The post State Bank of Pakistan Cuts Policy Rate to 12% Amid Economic Recovery appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Ltd. has reaffirmed the entity ratings of Multiline Securities Limited at 'A-/A2', maintaining a stable outlook. This decision reflects the company's good credit quality and sound short-term liquidity factors, amidst...

The post VIS Reaffirms Ratings for Multiline Securities Limited appeared first on Pakistan Business News.

Karachi: Systems Limited is expected to report a notable increase in net profit after tax (NPAT) for the fourth quarter of the calendar year 2024, reaching PkR2.4 billion, compared to PkR1.5 billion in the same period last year. This growth is driven ...

The post Systems Limited Projected to See Significant Profit Growth in 4QCY24 appeared first on Pakistan Business News.

Karachi: President of the Korangi Association of Trade and Industry (KATI) Junaid Naqi expressed disappointment over the State Bank of Pakistan's decision to set the policy rate at .... % in its latest monetary policy announcement. He stated that the ...

The post KATI President Criticizes Central Bank’s Policy Rate Decision as Economic Burden appeared first on Pakistan Business News.

KARACHI: President of the Karachi Chamber of Commerce and Industry (KCCI), Muhammad Jawed Bilwani, has expressed strong disappointment over the State Bank of Pakistan's (SBP) recent decision to implement a nominal 1 percent reduction in the policy int...

The post KCCI Criticizes State Bank’s Modest Interest Rate Cut appeared first on Pakistan Business News.