General Business News

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of KAM International, affirming a long-term rating of A- and a short-term rating of A2. The outlook for the company remains stable, with no changes to its rati...

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Karachi: Salim Valimuhammad, Chairman of the Pakistan Chemicals and Dyes Merchants Association (PCDMA), has dismissed the State Bank of Pakistan's recent 1% reduction in the interest rate, labeling it as inadequate. He expressed concerns over the cent...

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KARACHI: Despite Prime Minister Shahbaz Sharif's assurances, the failure to implement a significant reduction in the interest rate is a matter of concern, says Ahmed Azeem Alvi. He added that high-interest loans are hindering economic recovery and dis...

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Islamabad: Pakistan Oilfields Ltd (POL) has announced its financial results for the second quarter of fiscal year 2025, reporting a profit after tax of PkR7.6 billion, a 4% decrease compared to the same period last year. Despite the decline, the compa...

The post Pakistan Oilfields Records Decline in Earnings but Declares Robust Dividend 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 ...

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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.

Karachi: Business leaders in Pakistan have expressed dissatisfaction with the recent monetary policy changes, which they argue do not sufficiently address current economic challenges. The State Bank of Pakistan announced a reduction of 100 basis point...

The post Business Leaders Criticize Pakistan’s Monetary Policy Amid Economic Concerns appeared first on Pakistan Business News.