Business News

Karachi: The State Bank of Pakistan has released new financial data reflecting the ceilings and floors for institutional transactions as of August 29, 2025. The data shows a ceiling amount of 2,000 with one institution involved, while the floor amount...

Karachi: The Karachi Interbank Offered Rate (KIBOR) remained stable across various tenors, reflecting a steady economic environment despite ongoing uncertainties. The State Bank of Pakistan released the latest rates, which showed minimal fluctuations ...

Karachi: The State Bank of Pakistan has published the latest weighted average customer exchange rates for various currencies, providing crucial data for financial analysts and businesses engaged in international trade. The rates, issued by the Domesti...

Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates, revealing minor fluctuations across major currencies. The report, dated August 28, 2025, shows the USD buying rate at 282.86 and selling at 283.70. Th...

Karachi: The Central Depository Company of Pakistan (CDC) has successfully integrated AKD Securities Limited into its RAAST Aggregator Platform, enabling real-time, secure fund transfers for investors. This collaboration, facilitated by Microlinks (Pv...

Karachi: D.G. Khan Cement Company Ltd. (DGKC) has reported a significant turnaround in its financial performance for the fourth quarter of the fiscal year 2025, achieving earnings of PkR3.2 billion (EPS: PkR7.2). This marks a substantial recovery from...

Karachi: Mian Zahid Hussain, President of the Pakistan Businessmen and Intellectuals Forum and Chairman of the National Business Group Pakistan, has hailed a new U.S. reciprocal tariff framework as a major opportunity for Pakistan's export sector but ...