Business News

Karachi: The Exchange Companies Association of Pakistan released new currency exchange rates, reflecting ongoing fluctuations in the foreign exchange market. According to the association, the US dollar is being traded between USD 281.30 and 281.70, in...

Karachi: Honda Atlas Cars Pakistan Limited (HCAR) has reported a substantial increase in profitability for the second quarter of the fiscal year MY26, driven by a notable rise in sales volumes. The company announced a profit after tax of PKR 742 milli...

Islamabad: Pakistan Oilfields Limited (POL) held a Corporate Briefing Session to discuss its financial results and future outlook. The company announced the commencement of gas production at its Razgir site, with plans to boost capacity by the end of ...

LAHORE: Panther Tyres Limited is set to launch its first privately placed short-term Sukuk valued at PKR 2 billion, according to a press release by The Pakistan Credit Rating Agency Limited. The instrument is secured by a ranking charge over the compa...

Karachi: The Pakistan Stock Exchange experienced a significant boost, with the KSE100 index climbing 1,291.15 points, or 0.80%, reaching a level of 162,226.28. This surge underscores a robust performance across major indices, reflecting investor confi...

Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed support for recent initiatives aimed at improving trade efficiency at Karachi ports. During a stakeholders meeting led by Customs Appraisement South, significa...

Lahore: Service Industries Limited (SRVI) and its subsidiary, Service Global Footwear (SGF), have announced a significant financial upturn, reporting a doubling of earnings for the first nine months of the calendar year 2025. The announcement came dur...