Business

Karachi: HBL has issued a groundbreaking insurance payout exceeding PKR 10 million under its Area Yield Index Insurance (AYII) program, marking the largest disbursement to date. The payout aims to support farmers in Balochistan and Sindh, offering the...

Lahore: The Carpet Training Institute (CTI) has hailed Punjab Chief Minister Maryam Nawaz Sharif's initiative for women’s economic empowerment as a potential turning point for the cottage industry, particularly in rural areas. CTI Chairperson Ejaz-ur-...

KARACHI: The President of the Karachi Chamber of Commerce & Industry (KCCI), Muhammad Jawed Bilwani, has commended the Faceless Customs Assessment (FCA) system, urging for its continued implementation and expansion across Pakistan. He stated that the ...

Karachi: The Exchange Companies Association of Pakistan released the latest foreign currency exchange rates, indicating stable financial conditions in the country. According to the data, the US dollar was being traded at a buying rate of 282.62 PKR an...

Karachi: The food sector in Pakistan showed modest growth for the first quarter of 2025, with an increase in sales revenue and improved margins, according to a recent analysis. However, the sector continues to lag behind the broader KSE100 Index, desp...

KARACHI: Salim Valimuhammad, the Chairman of the Pakistan Chemicals & Dyes Merchants Association (PCDMA), has voiced significant concerns regarding the misuse of the Export Facilitation Scheme (EFS), cautioning that the existing system loopholes threa...

Sahiwal: Saif Power Ltd (SPWL) reported a 49% decrease in revenue for the calendar year 2024, as outlined in its recent analyst briefing. The company's revenue dropped to PkR9.7 billion, attributed to a lower plant utilization rate of 8.23%, compared ...