Business

Karachi: The Oil Marketing Companies (OMC) reported a 7 percent year-on-year growth in sales volumes for the fiscal year 2025, despite some fluctuations in market share dynamics, according to a press release from JS Global. The growth was driven by a ...

Karachi: In a move aligned with the National Tariff Policy 2025-30, the Pakistani government has revised its Additional Customs Duty (ACD) and Regulatory Duties (RDs), aiming to enhance the country's economic competitiveness. The government has issued...

Lahore: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has commended Punjab's latest initiative, which introduces smart plastic vending machines as a climate-conscious venture that incentivizes plastic recycling. Nazir Hussain, Pre...

Karachi: The State Bank of Pakistan has released figures detailing overnight repo and reverse repo transactions conducted on July 3, 2025. The report outlines the participation of financial institutions in these monetary facilities, indicating a balan...

Karachi: In a recent update from the State Bank of Pakistan, new financial ceilings and floors have been established for lending and borrowing among the country's financial institutions. These changes are slated to take effect on July 3, 2025. The u...

Karachi: The Korangi Association of Trade and Industry (KATI) is urging the Federal Board of Revenue (FBR) to extend the deadline for mandatory sales tax e-invoicing by three months, citing concerns over unpreparedness within the business community. J...

KARACHI: The United Business Group (UBG) has voiced concerns over the recent increase in fuel prices, warning of potential adverse effects on Pakistan's economy. Petrol prices have surged by Rs. 8.36 per liter, while diesel has seen an increase of Rs....