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SAI President Criticizes SBP’s Modest Rate Cut, Calls for More Aggressive Reductions

Karachi, Muhammad Kamran Arbi, President of the Site Association of Industry (SAI), has publicly criticized the State Bank of Pakistan's (SBP) recent decision to reduce the interest rate by only 1.5%. Arbi described the cut as "insufficient" for addres...

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KCCI Calls for More Significant Interest Rate Cuts Amid Modest Decrease by SBP

Karachi, Iftikhar Ahmed Sheikh, President of the Karachi Chamber of Commerce and Industry (KCCI), has expressed disappointment over the State Bank of Pakistan's (SBP) recent decision to lower the interest rate by only 1.5 percent to 20.5 percent. The...

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Korangi Industrial Zone Prioritizes Combating Rising Street Crime

Karachi, Amid increasing street crimes, the newly appointed SSP of Korangi, Tawheed Rehman Memon, has declared tackling these offenses as a top priority in the Korangi Industrial Area, a key economic hub of Karachi. This commitment was expressed during...

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FPCCI Criticizes Insufficient Policy Rate Cut by State Bank of Pakistan

Karachi, In response to the recent policy rate adjustment by the State Bank of Pakistan (SBP), Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has expressed dissatisfaction, stating that the red...

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Jazz Launches Data Roaming Bundles for Pakistani Hajj Pilgrims in Saudi Arabia

Islamabad, Jazz, Pakistan's premier digital operator, has launched new data roaming bundles specifically tailored for Pakistani pilgrims heading to Saudi Arabia for Hajj. These packages, offering 2GB and 6GB of data for periods of 30 and 45 days respec...

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UBG Leaders Oppose K-Electric’s Recent Rate Hike, Citing Severe Economic Disruptions

Karachi, Leaders of the United Business Group (UBG), including Chief Patron S.M. Tanveer and President Zubair Tufail, have called for an immediate reversal of a significant electricity rate increase approved by the National Electric Power Regulatory Au...

The post UBG Leaders Oppose K-Electric’s Recent Rate Hike, Citing Severe Economic Disruptions appeared first on Pakistan Business News.

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UNISAME Calls for Strengthening of SMEDA to Boost SME Sector

Karachi, The Union of Small and Medium Enterprises (UNISAME) has expressed concern over the perceived neglect of the Small and Medium Enterprises Development Authority (SMEDA), urging the government to enhance its capabilities to effectively support th...

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