Karachi: The State Bank of Pakistan has released the latest exchange rates for the revaluation of foreign currencies by authorized dealers, revealing a range of rates for various currencies including the U.S. Dollar, Japanese Yen, and others. The exch...
Read More »Pakistan Sees 5% Increase in OMC Volumes in March 2025
Karachi: Oil Marketing Companies (OMC) in Pakistan experienced a 5% year-on-year increase in volumes for March 2025, according to the latest report. This growth comes amid a 7% month-on-month rise, with total volumes reaching 1.22 million tons. Duri...
Read More »President of FPCCI Leads Delegation to Strengthen UK Trade Ties
Karachi: Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), is spearheading a trade delegation to the United Kingdom as part of a Commonwealth program scheduled for April 7th and 8th. The initiati...
Read More »Trump’s Tariff Decision Poses Challenge for Pakistan’s Textile Exports
Karachi: The recent imposition of a baseline 10% tariff by the United States on imported goods from all trading partners, effective April 5, 2025, is set to impact Pakistan's textile industry significantly. With further additional taxes anticipated fo...
Read More »Pakistan Cement Sector Sees Mixed Developments Amid March Dispatch Decline
Karachi: Cement dispatches in Pakistan for March 2025 saw a decline, attributed to the Eid holiday, with figures recording at 3.57 million tons, marking a 9% year-on-year decrease. Local dispatches fell by 11%, although export figures showed a modest ...
Read More »Pak-China Women’s Development Initiative Proposed to Empower Women
Lahore: Zafar Iqbal, Vice President of the Pakistan China Joint Chamber of Commerce and Industry (PCJCCI), has emphasized the need to establish the Pak-China Women's Development Employment Initiative. This program aims to empower women in Pakistan and...
Read More »Currency Exchange Rates Show Minor Fluctuations Amidst Economic Stability
Karachi: Currency exchange rates experienced slight variations today, with the US dollar, euro, British pound, Japanese yen, and Middle Eastern currencies showing minor changes against the Pakistani rupee. The Exchange Companies Association of Pakista...
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