Business News

Karachi: The Oil Marketing Companies (OMC) reported a 7 percent year-on-year growth in sales volumes for the fiscal year 2025, despite some fluctuations in market share dynamics, according to a press release from JS Global. The growth was driven by a ...

Karachi: In a move aligned with the National Tariff Policy 2025-30, the Pakistani government has revised its Additional Customs Duty (ACD) and Regulatory Duties (RDs), aiming to enhance the country's economic competitiveness. The government has issued...

Lahore: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has commended Punjab's latest initiative, which introduces smart plastic vending machines as a climate-conscious venture that incentivizes plastic recycling. Nazir Hussain, Pre...

Karachi: The State Bank of Pakistan has released figures detailing overnight repo and reverse repo transactions conducted on July 3, 2025. The report outlines the participation of financial institutions in these monetary facilities, indicating a balan...

Karachi: In a recent update from the State Bank of Pakistan, new financial ceilings and floors have been established for lending and borrowing among the country's financial institutions. These changes are slated to take effect on July 3, 2025. The u...

Karachi: Cement demand in Pakistan is set to increase in the fiscal year 2026, spurred by a government push in public sector development programs and a revival in the construction industry, according to a report by AKD Securities Limited. This follows...

Karachi: Pakistan's manufacturing sector experienced a notable deceleration in June, with the HBL Manufacturing Purchasing Managers' Index (PMI) dropping to a 10-month low of 50.5, compared to 51.1 in May. This decline signals a significant slowdown i...