Business News

Karachi: The Korangi Association of Trade and Industry (KATI) has voiced strong opposition to the recent increase in petroleum prices announced by the government. Junaid Naqi, the association's president, highlighted the significant impact of the Rs 5...

Karachi: The recent rise in petrol and high-speed diesel prices in Pakistan has triggered alarm among business leaders and citizens, with predictions of escalating inflation and financial strain on households. Mian Zahid Hussain, a prominent figure in...

Karachi: The Board of Directors at Hub Power Company (HUBC) has approved the extension of Sponsor Support Contribution Letters of Credit (SSC LCs) for Thar Energy Limited (TEL) and ThalNova Power Thar (Pvt) Ltd (TNTPL). The extensions are valued at up...

Karachi: Honda Atlas Cars (Pakistan) Ltd. presented a robust performance in its MY25 results, as disclosed during its recent analyst briefing. The company experienced a 42% increase in topline revenue, reaching PkR78 billion from PkR55 billion the pre...

Karachi: Large-scale manufacturing (LSM) posted a year-on-year growth of 2.3% in May 2025, marking its second consecutive month of expansion after five months of declines. This growth reflects notable improvements in several key sectors, as indicated ...

Karachi: Bank AL Habib has announced an upcoming revision to its ATM-related charges, which will take effect on August 1, 2025. The changes, detailed in the bank's Schedule of Charges for the second half of 2025, will impact cash withdrawals, balance ...

Lahore: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) is advocating for a significant expansion of Pakistan's honey exports to China by implementing international certification standards and adopting advanced processing technology...