Business News

Karachi: The State Bank of Pakistan (SBP) reduced its policy rate by 100 basis points to 11.0%, aligning with expectations and reflecting improved inflation outlook due to decreased electricity and food prices. Despite this positive development, the c...

KARACHI: Ahmed Azeem Alvi, president of the SITE Association of Industry, expressed dissatisfaction with the State Bank of Pakistan's recent decision to reduce the policy rate by 100 basis points. Alvi urged the central bank to slash the rate into sin...

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 ...

Karachi: The business, industry, and trade community in Pakistan have expressed dissatisfaction with the recent monetary policy decision by the State Bank of Pakistan (SBP), according to Mr. Atif Ikram Sheikh, President of the Federation of Pakistan C...

KARACHI: President of the Karachi Chamber of Commerce and Industry (KCCI), Muhammad Jawed Bilwani, has raised serious concerns regarding the Tax Laws (Amendment) Ordinance, 2025, highlighting its potential adverse effects on the business community and...

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...