Business News

Karachi: The State Life Insurance Corporation of Pakistan, a government-owned life insurer, has been assigned a Pension Fund Manager (PFM) rating of "AM1(p)" by the Pakistan Credit Rating Agency Limited (PACRA). This rating reflects the corporation's ...

Karachi: The Pakistani rupee maintained its stability against major currencies in the open market, according to the latest figures released by the Exchange Companies Association of Pakistan (ECAP) on December 10, 2025. The exchange rates, as compiled ...

KARACHI: Pakistan's Economic Coordination Committee (ECC) is considering a proposal to raise margins for Oil Marketing Companies (OMCs) by up to PKR 1.63 per liter, according to reports. This potential adjustment, which amounts to a 14-21% increase fr...

Lahore: In a notable advancement for economic relations and support for small and medium enterprises (SMEs), Pakistan and Indonesia have signed a Memorandum of Understanding (MoU) aimed at fostering collaboration between the two nations. The signing c...

KARACHI: Pakistan's Economic Coordination Committee (ECC) is considering a proposal to raise margins for Oil Marketing Companies (OMCs) by up to PKR 1.63 per liter, according to reports. This potential adjustment, which amounts to a 14-21% increase fr...

Karachi: The Exchange Companies Association of Pakistan (ECAP) reported steady closing exchange rates in the open market on December 9, 2025. The rates, sourced from the State Bank of Pakistan, showed minimal fluctuations across major currencies. Th...

Karachi: Remittances to Pakistan have reached $16.1 billion in the first five months of the fiscal year 2026, marking a 9% increase from the previous year. In November 2025 alone, the country received $3.2 billion in remittances, maintaining the same ...