General Business News

Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates on November 3, 2025, indicating marginal fluctuations in the buying and selling rates of major foreign currencies against the Pakistani Rupee in the in...

Karachi: The Chairman of Bank Alfalah, Sheikh Nahayan bin Mubarak Al Nahayan, alongside the Board of Directors, has authorized an additional $5 million to support communities affected by the 2025 floods. This commitment elevates the bank's total flood...

KARACHI: The Pakistan Credit Rating Agency Limited (PACRA) recently revised the instrument rating of TPL Corp Limited, reflecting the holding company's evolving financial challenges. TPL Corp, a key player in multiple sectors through its subsidiaries,...

Karachi: The Karachi Stock Exchange's KSE-100 index reported a significant increase, closing at 161,632 after gaining 4,899 points on Friday. Trading volumes rose to 953 million shares, compared to 848 million shares in the previous session. Analysts ...

Karachi: Pakistan's urea sales in October 2025 are anticipated to reach 351,000 tons, marking a 2% decrease year-over-year and an 18% drop month-over-month. This decline is attributed to a pre-buying trend observed in previous months. Engro Fertilizer...

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...