Business News

Karachi: The State Bank of Pakistan has released the latest figures for the weighted average customer exchange rates as of April 22, 2025. The data includes buying and selling rates for a range of currencies, providing insight into the current state o...

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings for Umar Spinning Mills Private Limited at 'BBB+/A2', indicating adequate credit quality and good likelihood of timely repayment of short-term obligations. The outlook remain...

Karachi: BankIslami, a major player in the country's Islamic banking sector, announced a Profit Before Tax (PBT) of PKR 5.49 billion for the first quarter ending March 31, 2025. Demonstrating a robust start to the year, the bank reported a 6.3% increa...

Karachi: A 45-member trade and industry delegation from the Association of Southeast Asian Nations (ASEAN) visited the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on April 21, 2025. The visit was led by Mr. Goh Boon Kim and aimed ...

Karachi: In a strategic effort to bolster Pakistan's agricultural sector, Syngenta Pakistan recently hosted a high-profile visit from its Regional Business Head for Africa and the Middle East, Jerome Barbaron, and Haytham Shbaita, Head of Regulatory A...

Lahore: Pakistan's economy is seeing a phase of consistent improvement, according to Federal Minister for Commerce Jam Kamal Khan. Speaking at the Lahore Chamber of Commerce and Industry, Khan attributed this progress to recent structural reforms and ...

Karachi: Meezan Bank Limited (MEBL) announced its financial results for the first quarter of the calendar year 2025, revealing a profit of PkR22 billion, equivalent to earnings per share of PkR12.3. This marks a decline of 12% compared to the same per...