Business News

Karachi: Automobile sales in May 2025 are projected to reach their highest levels since December 2022, with three major players—Indus Motors Company Ltd (INDU), Honda Atlas Cars Ltd (HCAR), and Pak Suzuki Motor Company Ltd—leading a significant volume...

Karachi: United Business Group (UBG) leaders have emphasized the need for strategic marketing to tap into Africa's substantial economic potential. They argue that aggressive marketing efforts are crucial for exploring the continent's import market, wh...

LAHORE: The Pakistan Credit Rating Agency (PACRA) has confirmed the entity ratings of Orient Power Company (Private) Limited, which operates a 212.7 MW combined-cycle, dual-fuel power generation plant, underlining its solid business profile. The plant...

KARACHI: Pakistan's Oil Marketing Companies (OMCs) have reported a third consecutive month of increased sales, according to AKD Securities Limited. The volumetric sales for May 2025 reached 1.5 million tons, reflecting a 10% increase compared to the s...

Karachi: The Exchange Companies Association of Pakistan (ECAP) reported the open market closing exchange rates on June 3, 2025, showing stability of the Pakistani rupee against major international currencies. According to the ECAP, the US dollar was b...

Karachi: The State Bank of Pakistan has reported a substantial utilization of its Overnight Reverse Repo Facility on June 3, 2025. According to the data released by the Domestic Markets and Monetary Management Department, six financial institutions ac...

Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has affirmed the stability rating of the Pak Qatar Daily Dividend Plan, a low-risk investment solution under the Pak Qatar Islamic Cash Fund. This Shariah-compliant plan aims to provide daily ...