Business

Lahore: Nestle Pakistan announced its financial results for the first half of 2025, revealing a revenue decline to PKR 101.3 billion, down 5.9% from the same period last year. This drop has been attributed to the introduction of sales tax on most of i...

Karachi: In a growing economic conundrum, the persistent shortage of dollars in Pakistan is compelling businesses to turn to the black market, according to Mian Zahid Hussain, a prominent figure in the business community. The scarcity of foreign curre...

Karachi: Engro Fertilizers and Bank Alfalah Limited have announced a strategic partnership to launch a PKR 250 million financing initiative aimed at empowering farmers across Pakistan. The collaboration will offer loans of up to PKR 1 million to farme...

Karachi: President of the Pakistan Business Forum (PBF) Karachi Division, Malik Khuda Bakhsh, has supported the call by the United Business Group's Patron-in-Chief, S.M. Tanveer, to reduce the interest rate to 6% in the upcoming monetary policy. Bakhs...

Karachi: Zubair Tufail, the President of the United Business Group and former head of the Federation of Pakistan Chambers of Commerce and Industry, has urged the State Bank of Pakistan to slash the policy rate by 4 to 5 percentage points in the upcomi...

Karachi: Currency exchange rates experienced minor fluctuations in Pakistan on July 25, 2025, according to data released by the Exchange Companies Association of Pakistan. The updates reflect the ongoing dynamics of the foreign exchange market, impact...

Karachi: The persistent dollar shortage in Pakistan is causing significant concern among the business community and prompting some traders to resort to the black market, according to Mian Zahid Hussain, a prominent business leader and former provincia...