Business News

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). ...

Karachi: The Exchange Companies Association of Pakistan (ECAP) released the closing exchange rates for July 11, 2025, indicating a relatively stable currency market amidst ongoing global economic fluctuations. The U.S. dollar was observed at a buyin...

Faisalabad: The Pakistan Credit Rating Agency Limited has assigned initial entity ratings to Faisalabad Electric Supply Company Limited, reflecting its strategic significance and robust financial management. The sovereign ownership by the Government o...

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...

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...

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...