Business

Karachi: The State Bank of Pakistan's recent decision to reduce the interest rate by one percent has been met with cautious approval from Rafiq Suleman, a prominent figure in the business community. Suleman, former Chairman of the Rice Exporters Assoc...

Karachi: Cement dispatches in Pakistan rose significantly in April 2025, reaching a total of 3.34 million tons, marking a 13% increase compared to the same month last year. This growth was propelled by an 8% rise in local offtakes and a notable 35% su...

Peshawar: The Khyber Pakhtunkhwa Revenue Authority has successfully collected over forty-two billion rupees in tax revenue during the last ten months of the current fiscal year. According to Radio Pakistan, the collected tax revenue exceeds the targ...

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has upgraded the ratings for Gas and Oil Pakistan Limited (GO), recognizing the company's robust financial footing and strategic partnership with Aramco. Aramco's acquisition of approximately 4...

Islamabad: Finance Minister Muhammad Aurangzeb has reaffirmed the government's commitment to fostering a supportive business environment for both domestic and foreign investors. He conveyed this during a meeting with a high-level delegation from the U...

Karachi: Faisal Moiz Khan, President of the North Karachi Association of Trade and Industry (NKATI), has voiced strong opposition to the newly issued Tax Laws (Amendment) Ordinance 2025. He criticized the ordinance for being enacted without stakeholde...

KARACHI: The Exchange Companies Association of Pakistan released the latest foreign currency exchange rates, indicating slight fluctuations across several currencies compared to previous figures. The US dollar is now trading between 281.46 and 282....