Business News

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has expressed dissatisfaction with the State Bank of Pakistan's decision to keep the benchmark interest rate steady at 11 percent, describing it as a lost chance to alleviate the financial b...

Karachi: Systems Limited (SYS) has reported a significant rise in its third-quarter earnings for 2025, with a consolidated profit after tax of Rs2.8 billion, equivalent to earnings per share (EPS) of Rs1.90. This marks a 28% increase compared to the s...

Karachi: Local mobile phone manufacturing in Pakistan saw a substantial increase in September 2025, with a 55% month-on-month rise in production, according to the Pakistan Telecommunication Authority. The number of mobile units manufactured or assembl...

Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates, reflecting subtle shifts in the values of major international currencies against the Pakistani Rupee. These adjustments come amid ongoing economic dev...

Karachi: Pakistan's oil and gas exploration and production (E and P) sector is expected to experience a 6% year-on-year decline in earnings for the first quarter of the fiscal year 2026, according to a recent analysis by AKD Securities Limited. The de...

Karachi: The State Bank of Pakistan is expected to maintain a cautious stance in its upcoming Monetary Policy Committee meeting, as outlined in a report from AKD Securities Limited. The decision comes amid ongoing concerns regarding inflation, potenti...

Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) today welcomed the discussions and measures outlined during a recent meeting of the Special Investment Facilitation Council (SIFC) committee, aimed at addressing challenges ...