Karachi: Security Papers Limited (SPL) has announced its financial results for the fiscal year ending June 30, 2025, showcasing significant growth and profitability. The company reported a profit before tax of PKR 2,414 million, highlighting its stron...
Read More »MPC Holds Firm at 11% Rate Amid Inflation Concerns
Karachi: The State Bank of Pakistan (SBP) decided to maintain the policy rate at 11%, defying widespread market expectations for a cut. The Monetary Policy Committee (MPC) emphasized that the decision was critical to address the challenges posed by ri...
Read More »U.S. and Pakistan Forge Trade Agreement to Boost Economic Ties
Karachi: Pakistan has finalized a significant trade agreement with the United States aimed at enhancing bilateral trade, expanding market access, and attracting foreign investment. The agreement, announced by AKD Securities Limited, is expected to fos...
Read More »TPL Properties Breaks Ground on First Sustainable Creekside Development in Karachi
Karachi: TPL Properties has initiated construction on Lagoon Views 1, the first residential tower of The Mangrove, Karachi's pioneering mixed-use sustainable development located at Cantonment Board Korangi Creek. The groundbreaking ceremony, held on J...
Read More »Interest Rate Maintenance at 11% Draws Criticism from Business Leaders
Karachi: President of the Korangi Association of Trade and Industry (KATI), Junaid Naqi, has voiced significant disappointment regarding the State Bank of Pakistan's (SBP) decision to maintain the policy interest rate at 11%. Naqi argues that this dec...
Read More »Interest Rate Decision by State Bank Draws Criticism from Karachi Business Leader
KARACHI: In a recent statement, Muhammad Jawed Bilwani, President of the Karachi Chamber of Commerce and Industry (KCCI), voiced strong criticism of the State Bank of Pakistan's (SBP) decision to keep the policy interest rate at 11 percent, a level co...
Read More »Zong Unveils SME-Focused Business Solutions Zone in Islamabad
Karachi: Zong, a prominent technology company in Pakistan, has inaugurated a specialized Business Solutions experience zone for Small and Medium Enterprises (SMEs) at its Customer Service Center in Islamabad. This initiative marks a significant step i...
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