Lahore: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has urged the State Bank of Pakistan (SBP) to lower the benchmark interest rate from 11% to 6% in its upcoming monetary policy announcement. This appeal comes as Pakistan seeks...
Read More »State Bank of Pakistan Reports on Overnight Repo Facilities Use
Karachi: The State Bank of Pakistan (SBP) reported that two financial institutions accessed its overnight repo facility on July 28, 2025, borrowing a total of Rs. 167 billion. The central bank confirmed that there were no transactions under the revers...
Read More »Faisal Moiz Khan Presses for Interest Rate Cut to Boost Industry
Karachi: Faisal Moiz Khan, President of the North Karachi Association of Trade and Industry (NKATI), has called upon the State Bank of Pakistan to reduce the policy interest rate by 2 to 3 percent. This appeal comes ahead of the bank's Monetary Policy...
Read More »Sukkur Chamber Hosts FPCCI President Amid Economic Challenges
Karachi: In a significant display of unity and support, the Sukkur Chamber of Commerce and Industry (SCCI) hosted a high-profile dinner in honor of Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI...
Read More »Lahore Carpet Exhibition Set to Attract Over 100 International Buyers
LAHORE: More than 100 international buyers from regions including the United States, Europe, Russia, Italy, and Türkiye are expected to attend the International Exhibition of Handmade Carpets in Lahore this October. The announcement was made by Mian A...
Read More »PAJCCI Embraces Trade Pact, Urges Solutions for Persistent Challenges
Karachi: The Pakistan Afghanistan Joint Chamber of Commerce and Industry (PAJCCI) has expressed approval of the recent Preferential Trade Agreement (PTA) between Pakistan and Afghanistan, signed on July 23, 2025. This agreement, which significantly lo...
Read More »Customs Department to Coordinate Upcoming Raids with Trade Associations
KARACHI: In an effort to build trust and enhance transparency, the Customs Department announced its plans to conduct the next four enforcement raids in cooperation with relevant trade associations. This move, revealed by Collector of Customs (Enforcem...
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