Business News

KARACHI: Karachi's Additional Inspector General of Police, Javed Alam Odho, highlighted a lack of coordination between law enforcement and the business community as a key issue affecting law and order, particularly in District East. He called for join...

The post AIGP Calls for Enhanced Police-Business Community Collaboration in Karachi appeared first on Pakistan Business News.

Karachi: The 4th AlBaraka Forum Regional Conference, held on January 28, 2024, in Karachi, focused on the significant contribution of Sukuk in promoting sustainable economic growth. Organized by the AlBaraka Forum for Islamic Economy in collaboration ...

The post Sukuk’s Transformative Role in Sustainable Finance Highlighted at Karachi Conference appeared first on Pakistan Business News.

Karachi: The currency exchange rates in Pakistan showed slight variations with the US Dollar and Euro experiencing minor downward trends, according to the latest figures released. The Exchange Companies Association of Pakistan reported the updated buy...

The post Currency Exchange Rates Fluctuate as USD and Euro Show Minor Changes appeared first on Pakistan Business News.

KARACHI: The third Pakistan Climate Conference, organized by the Overseas Investors Chamber of Commerce and Industry (OICCI), commenced today at the Mövenpick Hotel in Karachi. The two-day event aims to unite policymakers, business leaders, and enviro...

The post OICCI’s Pakistan Climate Conference Addresses Urgent Climate Challenges appeared first on Pakistan Business News.

Karachi: The State Bank of Pakistan (SBP) announced a reduction in its Policy Rate by 100 basis points to 12%, marking the sixth consecutive rate cut in a sustained monetary easing effort. The decision is primarily driven by declining inflation and ai...

The post State Bank of Pakistan Cuts Policy Rate to 12% Amid Economic Recovery appeared first on Pakistan Business News.

KARACHI: Despite Prime Minister Shahbaz Sharif's assurances, the failure to implement a significant reduction in the interest rate is a matter of concern, says Ahmed Azeem Alvi. He added that high-interest loans are hindering economic recovery and dis...

The post SAI Chief Criticizes Minimal Cut in Interest Rates appeared first on Pakistan Business News.

Islamabad: Pakistan Oilfields Ltd (POL) has announced its financial results for the second quarter of fiscal year 2025, reporting a profit after tax of PkR7.6 billion, a 4% decrease compared to the same period last year. Despite the decline, the compa...

The post Pakistan Oilfields Records Decline in Earnings but Declares Robust Dividend appeared first on Pakistan Business News.