Business

KARACHI: Muhammad Aman Paracha, Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has criticized the State Bank of Pakistan's decision to maintain the policy interest rate at 11 percent. He described the decision ...

Karachi: Pakistan's currency exchange rates have shown signs of stability, according to the latest figures released by the Exchange Companies Association of Pakistan (ECAP). The open market closing exchange rates on September 16, 2025, indicate a stea...

Karachi: In a bid to strengthen economic ties between Pakistan and Malaysia, H.E. Dato' Mohammad Azhar Mazlan, the Malaysian High Commissioner in Pakistan, has promised to facilitate Pakistani exporters to improve market access to Malaysia. This commi...

Karachi: The Exchange Companies Association of Pakistan released updated currency rates today, indicating a stable exchange environment for major currencies against the Pakistani Rupee. The US Dollar is being traded at a buying rate of 282.03 and a ...

Karachi: Zong, a prominent digital technology company in Pakistan, has teamed up with Alkhidmat Foundation to donate Personal Protective Equipment (PPE) to healthcare institutions in Lahore and Islamabad. The collaboration aims to enhance community he...

Lahore: The Bank of Punjab (BOP) reported unprecedented growth in the first half of 2025 during a corporate briefing for analysts and investors. The bank, led by President and CEO Zafar Masud, recorded a 278% increase in operating profit and announced...

Islamabad: Pak Elektron Limited (PAEL) is set for significant expansion, having secured US$44 million in export orders, primarily from the United States, including contracts with prominent corporations like Tesla. The electronics manufacturer aims to ...