Islamabad: The Pakistani Rupee (PKR) continued its downward trajectory against major international currencies, with the US dollar nearing the PKR 283 mark in the interbank market on September 15, 2025. The greenback traded between PKR 281.95 and PKR...
Read More »Dawlance Unveils Pakistan’s First Female-Led Appliance Service Center
Islamabad: Multan witnessed the inauguration of Pakistan’s first female-led appliance service franchise by Dawlance, a prominent home appliance manufacturer and an Arcelik subsidiary. Australian High Commissioner Neil Hawkins visited the groundbreakin...
Read More »Millat Tractors’ Profits Plunge 38% Amidst Declining Sales
Islamabad: Millat Tractors Limited (MTL) reported a significant 38% year-on-year drop in its unconsolidated profit for the fiscal year 2025, reaching Rs6.4 billion (earnings per share of Rs31.94). This decline comes as tractor sales plummeted by 39% c...
Read More »KATI Slams Unchanged Policy Rate Amidst Record-Low Inflation
Islamabad: Korangi Association of Trade and Industry (KATI) President Junaid Naqi expressed profound dissatisfaction with the State Bank of Pakistan's decision to hold the monetary policy rate at 11 percent, particularly given the record-low inflation...
Read More »Interest Rate Unchanged: Business Leader Expresses Disappointment**
Islamabad: Mian Zahid Hussain, a prominent business leader and former government official, voiced his frustration over the State Bank of Pakistan's (SBP) decision to maintain its policy interest rate at 11%. He argues that the current rate hinders eco...
Read More »Trans World Enterprise Services Maintains Emerging Profile Despite Financial Challenges**
Islamabad: Trans World Enterprise Services (Private) Limited (TES) maintains a developing business profile in Pakistan's telecom sector, specializing in Fiber-to-the-home (FTTH), Tru TV™, and Voice offerings, according to the Pakistan Credit Rating Ag...
Read More »Pak Elektron Poised For Major Growth With US$44 Million In Export Orders, Eyeing US Market Expansion
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 ...
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