Business News

Karachi: E-commerce platform Daraz Pakistan has announced the launch of its 5.5 Best Price Sale, presenting substantial discounts and savings opportunities for customers from May 5 to May 9, 2025. The company describes the deals as "worth their weight...

Karachi: The State Bank of Pakistan (SBP) has initiated a monetary easing cycle, attributed to a significant drop in inflation. This move is aimed at addressing challenges from trade tariffs and geopolitical tensions while benefiting from anticipated ...

Karachi: The State Bank of Pakistan's recent decision to reduce the interest rate by one percent has been met with cautious approval from Rafiq Suleman, a prominent figure in the business community. Suleman, former Chairman of the Rice Exporters Assoc...

Karachi: Bank Alfalah has unveiled Worklee, a human resources hiring and remote working app, marking a significant step in creating inclusive and accessible employment opportunities across Pakistan. The app, the first of its kind in the country, is de...

Karachi: Cement dispatches in Pakistan rose significantly in April 2025, reaching a total of 3.34 million tons, marking a 13% increase compared to the same month last year. This growth was propelled by an 8% rise in local offtakes and a notable 35% su...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has upgraded the ratings for Gas and Oil Pakistan Limited (GO), recognizing the company's robust financial footing and strategic partnership with Aramco. Aramco's acquisition of approximately 4...

Karachi: Standard Chartered Pakistan has been awarded a $130 million banking mandate by Siemens Energy Pakistan, according to a press release. The agreement, which was approved in January 2025, involves a comprehensive range of banking services aimed ...