Business

Karachi: The Exchange Companies Association of Pakistan (ECAP) has released the latest open market closing exchange rates, revealing shifts in the buying and selling prices of major currencies as of February 17, 2025. The report highlights the U.S. do...

The post Dollar Reaches 280.98 as Exchange Rates Fluctuate in Pakistan appeared first on Pakistan Business News.

HUB, Pakistan: The industrial sector in Hub, a pivotal manufacturing area, has announced an emergency strike scheduled for February 20, 2025, in response to persistent water shortages. The decision follows repeated, yet unresolved complaints to local ...

The post Hub Industrial Sector Plans Emergency Strike Over Water Shortage appeared first on Pakistan Business News.

Karachi: In a significant boost to Pakistan's economy, the International Finance Corporation (IFC) has announced plans to invest $2 billion annually in the country's infrastructure and key sectors. The announcement comes amid a flurry of economic deve...

The post IFC to Invest $2 Billion Annually in Pakistan Infrastructure appeared first on Pakistan Business News.

Karachi: The Union of Small and Medium Enterprises (UNISAME) has expressed appreciation for Prime Minister Shehbaz Sharif's focus on reforms across various sectors, including those aimed at improving conditions for small and medium enterprises (SMEs)....

The post UNISAME Urges Swift Action on SME Reforms Under Prime Minister’s Supervision appeared first on Pakistan Business News.

Karachi: Barkat Frisian Agro is set to initiate its initial public offering (IPO) with a book building phase starting on February 17, targeting high net worth individuals and institutional investors. The phase will last until February 18, allowing the...

The post Barkat Frisian Agro to Launch IPO with Book Building Phase appeared first on Pakistan Business News.

Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has officially voiced its opposition to the government's proposed plan to advance trade body elections to 2025. Mr. Atif Ikram Sheikh, President of FPCCI, revealed that a co...

The post FPCCI Challenges Government’s Election Timeline for Trade Bodies appeared first on Pakistan Business News.

Karachi: Cement dispatches in January 2025 reached 3.9 million tons, marking a 14 percent year-over-year increase, spurred by a 12 percent rise in local dispatches and a 30 percent surge in export volumes.

According to a statement by JS Global, this...

The post Cement Dispatches See January Rebound with 14% Increase appeared first on Pakistan Business News.