Business News

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...

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...

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...

Karachi: In a significant development for Pakistan's Islamic finance sector, Pak-Qatar Family Takaful Limited (PQFTL) has achieved a milestone by becoming the first dedicated Family Takaful operator in the country to receive an 'AA' Insurer Financial ...

Karachi: The pace of tax reforms in Pakistan remains sluggish and unsatisfactory, according to Mian Zahid Hussain, a prominent figure in the business community. Hussain, who holds multiple leadership roles, emphasized that the country's economic polic...

Karachi: Banks in Pakistan are expected to report a year-over-year decline in core income for the second quarter of the calendar year 2025, according to a financial preview provided by JS Global. The contraction is attributed to narrowing net interest...

Karachi: The Exchange Companies Association of Pakistan has released new foreign currency exchange rates, indicating minor fluctuations across various currencies. The rates, dated July 30, 2025, show changes in buying and selling prices for key foreig...