Business News

KARACHI: A delegation of ten Pakistani textile companies participated in the Intertextile Shanghai Apparel Fabrics and Yarn Expo Autumn 2025, held recently in China, drawing interest from international buyers and industry stakeholders. According to ...

Karachi: The Exchange Companies Association of Pakistan released updated currency rates today, indicating a stable exchange environment for major currencies against the Pakistani Rupee. The US Dollar is being traded at a buying rate of 282.03 and a ...

Lahore: The Bank of Punjab (BOP) reported a significant 41% year-on-year increase in its unconsolidated profit for the first half of the calendar year 2025, reaching PkR6.8 billion, as revealed in an analyst briefing held today. This growth is attribu...

Karachi: The State Bank of Pakistan released the latest exchange rates, revealing fluctuations in the buying and selling rates of major currencies against the Pakistani Rupee. The figures, as of September 16, 2025, show varying levels of changes in th...

Islamabad: The State Bank of Pakistan (SBP) has held its benchmark interest rate steady at 11% amidst the ongoing floods, a decision consistent with market anticipations. The Monetary Policy Committee (MPC), in its statement, acknowledged a slight wor...

Islamabad: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Vice President Muhammad Aman Pracha expressed his disapproval of the State Bank's choice to hold steady the benchmark interest rate. Pracha noted that Pakistan's lending ra...

Islamabad: Mian Zahid Hussain, a prominent business leader and former government official, voiced his frustration over the State Bank of Pakistan's (SBP) decision to maintain its policy interest rate at 11%. He argues that the current rate hinders eco...