Business News

Karachi: The Union of Small and Medium Enterprises (UNISAME) has voiced strong criticism of the fiscal budget for 2025-26, highlighting several points of contention that it believes will adversely impact small and medium enterprises in the country. Th...

Karachi: The Exchange Companies Association of Pakistan released updated currency exchange rates, reflecting various fluctuations in global currency markets. The data, released on June 14, 2025, provides insights into the current buying and selling ra...

Karachi: Remittances from overseas Pakistanis have emerged as a critical stabilizing force for the national economy, effectively eliminating a $28 billion trade deficit, according to Mian Zahid Hussain, a prominent business leader. As global uncertain...

Karachi: The State Bank of Pakistan disclosed its latest weighted average customer exchange rates, providing insights into the buying and selling rates of major currencies as of June 13, 2025. The data revealed nuanced fluctuations in the foreign exch...

Karachi: The State Bank of Pakistan released the latest Karachi Interbank Offered Rate (KIBOR) figures, showing consistent stability across multiple tenors. The data outlines both the bid and offer rates, providing transparency and insight into the cu...

Lahore: The Pakistan Credit Rating Agency Limited has maintained the ratings of Ghani Chemical Industries Limited, reflecting its robust business profile and strategic expansion efforts. The company holds a notable market share in the manufacturing an...

KARACHI: Oil and Gas Development Company Ltd (OGDC) has announced a new discovery of oil and gas at its exploratory well Fakir-1, situated in the Bitrism E.L., Khairpur, Sindh. The company, holding a 95% working interest in the project, has reported s...