Karachi: The Exchange Companies Association of Pakistan reported minor fluctuations in currency exchange rates on July 11, 2025. The latest figures indicate subtle changes across several major currencies. According to the association, the U.S. dolla...
Read More »PM’s Focus Sparks Hope for Agricultural Revival
Karachi: The Chairman of the National Business Group Pakistan, Mian Zahid Hussain, welcomed Prime Minister Shahbaz Sharif’s announcement of agricultural reforms, which he said could signal a revival in the industrial sector and provide long-term econo...
Read More »KATI Declares Solidarity with Nationwide Business Strike
KARACHI: The Korangi Association of Trade and Industry (KATI) has declared its full support for a nationwide peaceful strike set for July 19, organized by the business community and spearheaded by the Karachi Chamber of Commerce and Industry (KCCI). ...
Read More »Pakistan’s Currency Exchange Rates Show Stability Amid Market Changes
Karachi: The Exchange Companies Association of Pakistan (ECAP) released the closing exchange rates for July 11, 2025, indicating a relatively stable currency market amidst ongoing global economic fluctuations. The U.S. dollar was observed at a buyin...
Read More »FESCO’s Financial Standing Bolstered by Sovereign Ownership and Strong Operational Performance
Faisalabad: The Pakistan Credit Rating Agency Limited has assigned initial entity ratings to Faisalabad Electric Supply Company Limited, reflecting its strategic significance and robust financial management. The sovereign ownership by the Government o...
Read More »FBR’s E-Invoicing System Criticized for Lack of Consultation
Karachi: The Pakistan Chemicals and Dyes Merchants Association (PCDMA) has criticized the Federal Board of Revenue (FBR) for introducing an e-invoicing system without prior stakeholder consultation or awareness sessions, labeling it a nightmare for ta...
Read More »Pakistan’s Remittance Inflows Reach Historic High of $38.3 Billion in FY25
Karachi: Pakistan has achieved a record in its remittance inflows, with the fiscal year 2025 witnessing overseas Pakistanis sending home a total of $38.3 billion. This represents a 27% increase compared to the previous year, as detailed in a recent re...
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