Business

Karachi: The Pakistan Credit Rating Agency (PACRA) has announced the maintenance of the broker fiduciary rating (BFR) for Ismail Iqbal Securities (Pvt.) Limited (IISPL) at BFR 3+ with a stable outlook. This decision reflects the company's strong posit...

Karachi: The government of Pakistan has provisionally allocated 13 new onshore exploration blocks as part of the Directorate General of Petroleum Concessions (DGPC) Bid Round 2025. This move is expected to revitalize the exploration and production (E ...

KARACHI: The Karachi Chamber of Commerce and Industry (KCCI), led by President Muhammad Jawed Bilwani, has demanded the swift retraction of the Tax Ordinance Amendment 2025, describing it as a regressive move that could further destabilize Pakistan's ...

Karachi: The Exchange Companies Association of Pakistan released data indicating slight fluctuations in currency exchange rates on May 15, 2025. The data provided insight into the buying and selling prices of several major currencies. The US Dollar ...

Karachi: State Life Insurance Corporation of Pakistan, the country's largest life and health insurer, has announced a strategic alliance with JS Bank, a growing player in Pakistan's banking sector, to enhance the availability of insurance products thr...

Karachi: A significant meeting convened between a delegation from the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and U.S. government trade agencies. Key figures from FPCCI, including Zubair Tufail and Samina Fazil, engaged in tal...

Karachi: Cement dispatches in April 2025 saw a significant increase, with total volumes reaching 3.3 million tons, marking a 13% year-on-year rise. The growth was driven by an 8% increase in local dispatches and a substantial 35% jump in exports. The ...