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 »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...
Read More »IPAK Sees Robust Revenue Growth Amid Economic Challenges
Karachi: International Packaging Films Limited (IPAK) Group has reported a 66% rise in revenues for the nine months ending March 31, 2025. This increase signifies both top-line expansion and bottom-line growth despite a challenging macroeconomic envir...
Read More »AGP Limited’s Profits Surge Amid Rising Drug Prices and Sales Volume
Karachi: AGP Limited is projected to report a substantial increase in its first-quarter earnings for the calendar year 2025, as per an analysis by JS Global. The pharmaceutical company is expected to post consolidated earnings of Rs861 million, markin...
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