Islamabad: The Islamabad Women's Chamber of Commerce and Industry (IWCCI), led by Founder President Samina Fazil, has urged business organizations to advocate for reducing Pakistan's policy interest rate to six percent. Fazil warned that the current 1...
Read More »Zubair Shaikh Confirmed as CEO of Wafi Energy, Shell’s Licensee in Pakistan
Karachi: Wafi Energy Pakistan Limited, the exclusive licensee of Shell fuel and lubricants in Pakistan, has officially confirmed Zubair Shaikh's continuation as Chief Executive Officer. With an extensive background spanning over 19 years in the energy...
Read More »Business Leader Urges Central Bank to Slash Interest Rate
Karachi: Mian Zahid Hussain, a prominent figure in Pakistan's business community, has called on the State Bank of Pakistan to reduce the policy interest rate to six percent. He warned that the current 11 percent rate poses significant challenges to in...
Read More »High Interest Rates Pose Threat to Pakistan’s Industry, Warns Business Leader
Karachi: Zubair Tufail, President of the United Business Group and a prominent figure in Pakistan's business community, has urged the State Bank of Pakistan to lower the policy interest rate to a single digit. His call comes ahead of the monetary poli...
Read More »Sheikh Umer Rehan Calls for Interest Rate Cut to Boost Economy
KARACHI: The Chairman of the Pakistan Vanaspati Manufacturers Association, Sheikh Umer Rehan, has called on the State Bank of Pakistan to lower the policy interest rate to 6% amid signs of economic improvement. He argued that the current 11% rate is s...
Read More »Currency Exchange Rates Show Fluctuations Across Major Markets
Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates, indicating a series of fluctuations among major currencies relative to the Pakistani Rupee. The US Dollar is trading at a buying rate of 284.32 and ...
Read More »UBG Pushes for 6 Percent Interest Rate Amid Inflation Drop
Lahore: In a significant move, the Vice Chairman of the United Business Group (UBG) North Zone, Ch. Javed Iqbal, has called for a unified business advocacy effort urging the State Bank of Pakistan to reduce the policy rate to 6 percent in its upcoming...
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