General Business News

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LCCI Hosts Dairy and Food Industry Showcase to Bolster Sector Growth

Lahore: The Lahore Chamber of Commerce and Industry (LCCI) successfully hosted a product and catalogue show for the dairy and food industry on Saturday, highlighting sector advancements and fostering industry connections. The event featured a broad ar...

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Business Leaders Call for Sharp Reduction in Pakistan’s Interest Rates

Karachi: Key figures from the United Business Group, including its president, Zubair F. Tufail, and former senior vice president of FPCCI, Mazhar Ali Nasir, have called on the Monetary Policy Committee of the State Bank of Pakistan to cut interest rat...

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KSE-100 Tumbles Amid Varied Economic Indicators; Policy Adjustments and Market Movements Noted

Karachi: The Karachi Stock Exchange (KSE-100) experienced a significant decline yesterday, losing 1,320 points to close at 88,967, with trading volume reaching 546 million shares. Market activity was predominantly focused in the sectors of banking, po...

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KSE-100 Index Sees Significant Gain Amid Positive Economic Indicators

Karachi: The KSE-100 index showed a notable increase of over 865 points this past week, concluding at 90,860, demonstrating a 1% growth week-over-week. This positive movement contrasts with a 17% decline in average trading volumes, which stood at 559 ...

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FPCCI President Urges Drastic Rate Cut Ahead of Monetary Policy Meeting

Karachi: Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has expressed the business community's disappointment with the current monetary policy, highlighting a significant premium on the policy...

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Karachi Chamber President Calls for Major Rate Cut to Boost Economic Growth

Karachi: Muhammad Jawed Bilwani, President of the Karachi Chamber of Commerce and Industry (KCCI), has called on the State Bank of Pakistan to significantly reduce the policy rate by 300 to 500 basis points in the upcoming Monetary Policy Committee (M...

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Financial Experts Anticipate Aggressive Rate Cut in Upcoming Monetary Policy

Karachi: Financial professionals are preparing for a significant reduction in the Policy Rate in the upcoming November 4 Monetary Policy announcement, with a majority predicting a cut of at least 200 basis points. A substantial portion of experts anti...

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