Karachi: The Exchange Companies Association of Pakistan reported minor fluctuations in currency exchange rates on July 11, 2025. The latest figures indicate subtle changes across several major currencies. According to the association, the U.S. dolla...
Read More »PM’s Focus Sparks Hope for Agricultural Revival
Karachi: The Chairman of the National Business Group Pakistan, Mian Zahid Hussain, welcomed Prime Minister Shahbaz Sharif’s announcement of agricultural reforms, which he said could signal a revival in the industrial sector and provide long-term econo...
Read More »KATI Declares Solidarity with Nationwide Business Strike
KARACHI: The Korangi Association of Trade and Industry (KATI) has declared its full support for a nationwide peaceful strike set for July 19, organized by the business community and spearheaded by the Karachi Chamber of Commerce and Industry (KCCI). ...
Read More »Pakistan’s E and P Sector Poised for Recovery Amid Improved Liquidity
Karachi: Pakistan's exploration and production (E and P) sector is on the cusp of recovery, driven by improving liquidity and increased discoveries, according to figures released by the Pakistan Petroleum Information Service (PPIS) for the fiscal year...
Read More »Pakistan Cement Sector Anticipates 42% Profit Growth by FY25 Amid Improved Macroeconomics
Karachi: The profitability of Pakistan's cement sector is projected to grow by a substantial 42% year-on-year in the fiscal year 2025, according to a recent analysis by AKD Securities Limited. This anticipated growth is attributed to improving macroec...
Read More »FBR’s E-Invoicing System Criticized for Lack of Consultation
Karachi: The Pakistan Chemicals and Dyes Merchants Association (PCDMA) has criticized the Federal Board of Revenue (FBR) for introducing an e-invoicing system without prior stakeholder consultation or awareness sessions, labeling it a nightmare for ta...
Read More »Pakistan’s Remittance Inflows Reach Historic High of $38.3 Billion in FY25
Karachi: Pakistan has achieved a record in its remittance inflows, with the fiscal year 2025 witnessing overseas Pakistanis sending home a total of $38.3 billion. This represents a 27% increase compared to the previous year, as detailed in a recent re...
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