General Business News

KARACHI: Federal Minister for Finance and Revenue Muhammad Aurangzeb has announced that the transition from the Final Tax Regime (FTR) to the Normal Tax Regime (NTR) will be thoroughly reviewed in the next federal budget. This review aims to support P...

Karachi: The Karachi Interbank Offered Rate (KIBOR) has experienced a modest rise across all tenors, according to the latest figures released by the State Bank of Pakistan on November 5, 2025. The KIBOR rates, which serve as a benchmark for lending be...

Karachi: The latest figures from the Exchange Companies Association of Pakistan indicate a shift in currency exchange rates, reflecting ongoing economic uncertainties. According to the data released on November 5, 2025, fluctuations were recorded in s...

Karachi: In a significant move to promote sustainable tourism, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), in partnership with the Islamic Chamber of Commerce and Development (ICCD) and Al Baraka Bank Pakistan, hosted a high-...

Karachi: Pak-Qatar Asset Management Company Limited (PQAMC), a prominent Islamic asset management firm in Pakistan, has declared a dividend of PKR 0.6900 per unit for its Pak-Qatar Monthly Income Plan (PQMIP) for October 2025. This announcement unders...

Karachi: Pakistan Vanaspati Manufacturers Association (PVMA) Chairman Sheikh Umer Rehan has called on the government to release pending sales tax refunds, citing severe financial pressure on the edible oil and ghee industry due to excessive taxation a...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has announced an update to the entity ratings of TPL Corp Limited, a key holding company within the TPL Group. The update comes amidst TPL Corp’s strategic maneuvers in various sectors, includ...