Business News

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the entity ratings of Nisar Spinning Mills (Pvt.) Limited (NSMPL), citing the company's diverse business operations and established market presence. Despite this, the company's rev...

Islamabad: Pakistan and Bangladesh are entering a new phase of engagement, driven by mutual interests in peace, economic progress, and regional cooperation. Both nations are working to overcome historical tensions to forge a constructive partnership, ...

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...

Karachi: The State Bank of Pakistan has disclosed the latest figures regarding the utilization of its overnight repo and reverse repo facilities. According to the central bank's Domestic Markets and Monetary Management Department, the data for July 10...

Karachi: The State Bank of Pakistan released the latest figures for the Karachi Interbank Offered Rate (KIBOR), reflecting slight adjustments across various tenors. The rates, which serve as a benchmark for lending in the financial sector, exhibit min...

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...

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...