KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has called for the immediate withdrawal of a new Minimum Retail Price (MRP) regulation on black tea imports, arguing that the policy will place undue financial pressure on lower-income house…

The post Karachi Chamber of Commerce Urges Government to Reconsider Tea Pricing Regulation appeared first on Pakistan Business News.

Karachi: Daraz, Pakistan’s leading e-commerce platform, concluded its 11.11 Biggest Sale of the Year on November 21, featuring significant discounts and exclusive promotions that attracted millions of customers nationwide. The event underscored the ra…

The post Daraz’s 11.11 Sale Highlights Growth in Online Shopping Across Pakistan appeared first on Pakistan Business News.

Karachi: MCB Bank has announced a strategic collaboration with BPC, a global entity in payment solutions, to bolster the security of its digital platforms. The bank will implement the BPC SmartVista Fraud Risk Management Solution to enhance its digita…

The post MCB Bank Partners with BPC to Enhance Digital Security appeared first on Pakistan Business News.

Karachi: Meezan Bank Limited has announced a revised schedule of service charges, effective immediately. The update includes changes to various banking services, impacting both retail and corporate customers.

According to Meezan Bank Limited, the ne…

The post Meezan Bank Limited Updates Schedule of Service Charges appeared first on Pakistan Business News.

Karachi: Pakistan Petroleum Limited (PPL) announced a gas and condensate discovery from its exploration well Pateji X-1 in the Shah Bandar Block, located in District Sujawal, Sindh. This marks the fourth consecutive hydrocarbon discovery for the compa…

The post PPL Reports Fourth Consecutive Hydrocarbon Discovery in Sindh appeared first on Pakistan Business News.

Lahore: S.M. Tanveer has called for a significant reduction in interest rates in response to a decrease in the Consumer Price Index (CPI) for November 2024. The Patron-in-Chief of the United Business Group (UBG) has urged the government to lower the p…

The post S.M. Tanveer Calls for 500 Basis Points Cut in Interest Rates Following CPI Decline appeared first on Pakistan Business News.

Karachi: Declining inflation rates have prompted the United Business Group (UBG) to advocate for a substantial reduction in policy rates, a move they believe will stimulate economic growth. SM Tanveer, the patron-general of UBG, has urged the governme…

The post UBG Calls for 500 Basis Points Cut in Policy Rate Amid Declining Inflation appeared first on Pakistan Business News.

Lahore: The chemical industry in Pakistan, despite facing significant challenges such as global competition and insufficient government policy support, continues to grow robustly, CEO of Surfachem and Vice President of the Pakistan China Joint Chamber…

The post Pakistan’s Chemical Industry Maintains Growth Despite Challenges appeared first on Pakistan Business News.

Karachi: VIS Credit Rating Company Limited has announced an upgrade in the entity ratings of Lucky Textile Mills Limited (LTML) to ‘AA-/A1+’ from ‘AA-/A1’. The upgrade reflects the company’s enhanced credit quality and its ability to ensure timely rep…

The post Lucky Textile Mills Limited Receives Rating Upgrade from VIS Credit Rating Company appeared first on Pakistan Business News.