Business

Karachi: The State Bank of Pakistan (SBP) has opted to maintain the policy rate at 12.0% as announced in its latest monetary policy statement. Although inflation has shown signs of easing, core inflation remains high, and pressures on the external acc...

Karachi: New data from the Exchange Companies Association of Pakistan (ECAP) reveals a notable increase in foreign currency exchange rates against the Pakistani Rupee. The figures, released on March 8, 2025, show upward trends across multiple currenci...

Karachi: Engro Holdings Limited (ENGROH) is set to reshape its business outlook through a strategic divestment of its energy portfolio and a restructuring that will enhance its earnings potential. The company has announced that it is currently divesti...

Karachi: Engro Holdings Ltd. (ENGROH) reported a 7% year-on-year increase in consolidated earnings from continuing operations for the calendar year 2024, reaching PkR21 billion. This growth was driven by higher urea prices and cost efficiencies. Acc...

Islamabad: Samsung is poised to unveil its latest flagship smartphone, the Galaxy S25 Ultra, exclusively through Daraz Pakistan, with the launch expected in the first week of March. The device will be available in three storage options: 256GB, 512GB, ...

Karachi: Payoneer, a financial technology firm listed on NASDAQ, has formed a partnership with Meezan Bank, a top Islamic bank in Pakistan, to enhance international payment solutions for small and medium-sized businesses, entrepreneurs, and freelancer...

Lahore: The Lahore Chamber of Commerce and Industry (LCCI) has called for a more localized approach to customs valuation processes, emphasizing that handling these matters within Lahore could alleviate challenges faced by traders and bolster economic ...