Karachi: The Exchange Companies Association of Pakistan released the latest currency exchange rates for several major currencies. The rates, reflective of current interbank market conditions, show minor fluctuations amid broader global economic trends...
Read More »Customs and Karachi Chamber Unite to Enhance Export Facilitation
KARACHI: In a significant move to bolster Pakistan's export sector, Chief Collector of Customs (Export) Mohammad Sadiq has pledged enhanced cooperation with the Karachi Chamber of Commerce and Industry (KCCI) to ensure smoother trade operations. Dur...
Read More »United Business Group Urges Boycott of Indian Goods amid Rising Tensions
Karachi: The United Business Group (UBG) has called for a global boycott of Indian products, urging Muslims worldwide to stand in solidarity with Pakistan. The group's leadership dismissed recent threats from the Indian government as inconsequential a...
Read More »Daraz Pakistan Partners with Unity Retail to Revolutionize Logistics
Islamabad: Daraz Pakistan has announced a new strategic partnership with Unity Retail, a prominent e-commerce enablement platform in Pakistan, to streamline logistics operations for businesses nationwide. This marks a significant expansion for Daraz, ...
Read More »Saudia Group’s Airbus Deal to Strengthen Air Links with Pakistan
Toulouse: Saudia Group has finalized a significant agreement with Airbus to acquire up to 20 new A330neo wide-body aircraft, a move poised to enhance air connectivity and economic ties with Pakistan. The agreement includes 10 firm orders for flyadeal,...
Read More »Daraz Pakistan and Unity Retail Collaborate to Enhance Delivery Services
Karachi: Daraz Pakistan has announced a strategic partnership with Unity Retail to streamline logistics operations for major brands across the nation. This collaboration marks a new chapter for Daraz as it extends its logistics services beyond its cor...
Read More »Pakistan’s Textile Sector Faces Profitability Challenges Amid Margin Pressures
Karachi: The profitability of Pakistan's textile sector is anticipated to decline by 12% year-on-year in the third quarter of fiscal year 2025, according to a report by AKD Securities Limited. The decrease is primarily attributed to reduced gross marg...
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