Business News

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: The Korangi Association of Trade and Industry (KATI) is urging the Federal Board of Revenue (FBR) to extend the deadline for mandatory sales tax e-invoicing by three months, citing concerns over unpreparedness within the business community. J...

Karachi: Salim Valimuhammad, Chairman of the Pakistan Chemicals and Dyes Merchants Association (PCDMA), has raised concerns over significant misuse of the Export Facilitation Scheme (EFS), which has reportedly caused a loss of Rs. 25 billion to the na...

Karachi: Gul Ahmed Textiles Mills Ltd. (GATM) convened an analyst briefing to reveal its financial performance for the first nine months of fiscal year 2025 and outline its strategic objectives moving forward. The company reported a 13.3% increase in ...

KARACHI: The United Business Group (UBG) has voiced concerns over the recent increase in fuel prices, warning of potential adverse effects on Pakistan's economy. Petrol prices have surged by Rs. 8.36 per liter, while diesel has seen an increase of Rs....