Islamabad: The Pakistani Rupee (PKR) maintained its downward trajectory against major international currencies, according to the Exchange Companies Association of Pakistan (ECAP) closing rates on September 22, 2025. The US dollar continued its ascent,...
Read More »Pakistan Seeks To Balance Trade Deficit With China Amidst Us-China Tensions
Islamabad: Mian Zahid Hussain, a prominent Pakistani business leader, has emphasized the need for Pakistan to leverage its partnership with China to address the persistent trade imbalance between the two nations. Hussain, who holds several key positio...
Read More »Jubilee Life And UBL Partner To Offer Innovative Endowment Products
Karachi: Jubilee Life Insurance (JLI) and United Bank Limited (UBL) have joined forces to introduce new insurance products designed to enhance financial security for their clientele. The alliance combines the expertise of Pakistan’s largest private se...
Read More »Behbood Certificate Tax Creates Confusion For Small Businesses
Islamabad: The Union of Small and Medium Enterprises (UNISAME) is demanding immediate clarification from the Federal Board of Revenue (FBR) regarding the taxation of income derived from Behbood Savings Certificates (BSC) for the 2024-25 tax year. UN...
Read More »Pakistan Prepares For Carpet Exhibition Amidst Indian Competition
Islamabad: Lahore is gearing up to host the 41st International Carpet Exhibition from October 7-9, 2025, amidst competition from a similar event announced by India. Preparations for the showcase of hand-knotted carpets, organized jointly by the Pakis...
Read More »Power Generation Sees 8% Yearly Jump In August
Islamabad: Power generation in Pakistan surged by 8% year-on-year in August 2025, reaching 14,218 gigawatt-hours (GWh), according to the latest figures from the National Electric Power Regulatory Authority (NEPRA). This significant increase comes desp...
Read More »Pakistan’s Fiscal Progress Threatened By Climate Disaster And Security Concerns
Islamabad: Pakistan’s recent economic gains are under threat from climate change and security challenges, according to Mian Zahid Hussain, a prominent business leader and former government official. While the administration has achieved significant fi...
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