Business News

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 ...

Karachi: The State Bank of Pakistan disclosed the latest weighted average customer exchange rates on Monday, indicating a range of buying and selling rates for various currencies, pivotal for traders and financial analysts. The newly released rates re...

KARACHI: Ambassador Mohamed Karmoune of Morocco emphasized the need for enhanced trade relations between Morocco and Pakistan, acknowledging the strong political ties but pointing out that economic exchanges remain limited. During his address at the K...