Karachi: Malik Muhammad Bostan, Chairman of the Exchange Companies Association of Pakistan, has welcomed the ceasefire agreement between Israel and Hamas, expressing optimism that the deal will help bring an end to the two-year-long war in Gaza. In ...
Read More »Messe Frankfurt Highlights Heimtextil 2026 at Lahore Carpet Expo
KARACHI: Messe Frankfurt Pakistan successfully participated in the 41st Pakistan International Handmade Carpet Exhibition, held in Lahore from October 7 to 9, 2025. The event, organized by the Pakistan Carpet Manufacturers and Exporters Association...
Read More »SBP’s Unchanged Policy Rate Sparks Concerns Over Economic Impact
Karachi: Mian Zahid Hussain, a prominent business leader, has voiced concerns over the State Bank of Pakistan's (SBP) decision to maintain the policy rate at 11.00%. He warned that the decision could harm industrial growth and the country's export com...
Read More »Cement Sector Sees Continued Growth as Domestic Demand Rises
Karachi: Cement dispatches in September 2025 reached 4.2 million tons, marking a 7% increase compared to the same period last year. This growth was primarily driven by a 14% rise in local sales, which effectively countered a 15% decrease in exports. M...
Read More »Trade Deficit Soars as Imports Swell, Exports Decline
KARACHI: President of the Korangi Association of Trade and Industry (KATI), Muhammad Ikram Rajput, has raised alarm over the country's expanding trade deficit, urging immediate government intervention to address the worsening economic situation. The...
Read More »PVMA Chairman Honors Fallen Soldiers, Urges National Unity Against Terrorism
KARACHI: Sheikh Umer Rehan, Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), has paid tribute to the soldiers who recently laid down their lives in terrorist attacks, calling them "the pride of the nation." He emphasized that Pakis...
Read More »Stock Market Falters Amid Political Tensions and IMF Uncertainty
Karachi: The stock market faced significant pressure this past week as investors remained cautious due to political uncertainty arising from tensions between the government and its coalition partners. The departure of an International Monetary Fund mi...
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