Business

KARACHI: In a notable development for the financial sector, ABHI and TPL Corp Limited have announced the launch of ABHI Microfinance Bank at a ceremony held at Mohatta Palace. This collaboration, which has received approvals from the State Bank of Pak...

KARACHI: Currency exchange rates in Pakistan have shown fluctuations as the Exchange Companies Association of Pakistan reported varying buying and selling rates for major currencies against the Pakistani Rupee. According to a statement by Exchange C...

Karachi: Gold prices in Pakistan have witnessed a notable increase, in alignment with trends observed in the international market. The price for a tola of 24-karat gold has surged by Rs. 1,500, bringing the new rate to Rs. 301,500. Similarly, the pric...

Karachi: Engro Holdings Ltd. (ENGROH) has announced its financial results for the fourth quarter of the calendar year 2024, reporting consolidated earnings of PKR 5.8 billion, an increase from PKR 5.3 billion in the same period last year. The company,...

Sialkot: The President of the Sialkot Chamber, Mr. Ikram ul Haq, has voiced strong opposition to proposed amendments to the Export Facilitation Scheme (EFS) as outlined in draft SRO 204(I)/2025. Mr. Haq argued that the planned changes could severely i...

Islamabad: Pakistan is set to host the Pakistan Minerals Investment Forum 2025 (PMIF25) on April 8-9 at the Jinnah Convention Centre in Islamabad, aiming to attract global stakeholders to explore the country's mineral potential. The event is organized...

Karachi: A high-level delegation from the National Tariff Commission (NTC), led by Chairman Naeem Anwer, met with representatives of the Pakistan Yarn Merchants Association (PYMA) to discuss challenges confronting Pakistan's textile sector, particular...