Karachi: Cement dispatches in September 2025 reached 4.2 million tons, marking a 7% increase compared to the same period last year. This growth was primarily driven by a 14% rise in local sales, which effectively countered a 15% decrease in exports. M...
Read More »Trade Deficit Soars as Imports Swell, Exports Decline
KARACHI: President of the Korangi Association of Trade and Industry (KATI), Muhammad Ikram Rajput, has raised alarm over the country's expanding trade deficit, urging immediate government intervention to address the worsening economic situation. The...
Read More »PVMA Chairman Honors Fallen Soldiers, Urges National Unity Against Terrorism
KARACHI: Sheikh Umer Rehan, Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), has paid tribute to the soldiers who recently laid down their lives in terrorist attacks, calling them "the pride of the nation." He emphasized that Pakis...
Read More »Stock Market Falters Amid Political Tensions and IMF Uncertainty
Karachi: The stock market faced significant pressure this past week as investors remained cautious due to political uncertainty arising from tensions between the government and its coalition partners. The departure of an International Monetary Fund mi...
Read More »Pakistan Car Sales Surge as Economic Stability Improves
Karachi: Car sales in Pakistan experienced a significant increase in September 2025, with figures reaching 17,174 units, marking a 67% year-on-year and 22% month-on-month rise, according to data from the Pakistan Automotive Manufacturers Association (...
Read More »Kuwait-Pakistan Expo 2025 Aims to Boost Economic Ties
Lahore: The Kuwait-Pakistan Business Expo 2025, scheduled for December 11 to 13 in Kuwait, aims to promote Pakistani products and strengthen economic relations between the two nations. Announced by Muhammad Saleem of the Kuwaiti delegation at the Laho...
Read More »KIBOR Rates Remain Steady Across Most Tenors
Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rates (KIBOR) data, showing consistent rates across most tenors. The bid and offer rates for one-week and two-week tenors are at 10.89 and 11.39, respectively. The on...
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