Business News

Karachi: The State Bank of Pakistan has announced an update to the currency floor for September, setting the amount at 40,000 with one institution involved. The announcement comes as part of the central bank's regular updates on currency operations ...

Karachi: The Exchange Companies Association of Pakistan (ECAP) released the open market closing exchange rates for September 3, 2025, reflecting stable currency valuations in the country's exchange market. The US dollar closed at a buying rate of 28...

Islamabad: In a corporate briefing held today, Pakistan Tobacco Company (PAKT) revealed a significant challenge hampering the industry: the illicit cigarette market, which commands a staggering 57% share, continues to overshadow legitimate sales despi...

Karachi: The HBL Pakistan Manufacturing PMI has shown a slight decline, dropping to 50.1 in August from 50.5 in July, marking the lowest point since the inception of the series. Developed by S and P Global, the index provides an early indication of in...

Karachi: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has spotlighted Balochistan's potential as a green energy powerhouse at the recently concluded Balochistan Green Energy and Industrial Development Conference. Held in collabo...

Karachi: The HBL Pakistan Manufacturing PMI has shown a slight decline, dropping to 50.1 in August from 50.5 in July, marking the lowest point since the inception of the series. Developed by S and P Global, the index provides an early indication of in...

Karachi: In an unprecedented leap, the KSE100 index soared by 1,004.36 points, marking a significant upswing in the stock market. This dramatic rise brought the index to a remarkable 150,975.48 points, showcasing one of the most substantial single-day...