Business

Karachi: Salim Valimuhammad, Chairman of the Pakistan Chemicals and Dyes Merchants Association (PCDMA), has dismissed the State Bank of Pakistan's recent 1% reduction in the interest rate, labeling it as inadequate. He expressed concerns over the cent...

The post PCDMA Chief Criticizes State Bank’s Modest Interest Rate Cut appeared first on Pakistan Business News.

KARACHI: Despite Prime Minister Shahbaz Sharif's assurances, the failure to implement a significant reduction in the interest rate is a matter of concern, says Ahmed Azeem Alvi. He added that high-interest loans are hindering economic recovery and dis...

The post SAI Chief Criticizes Minimal Cut in Interest Rates appeared first on Pakistan Business News.

Islamabad: Pakistan Oilfields Ltd (POL) has announced its financial results for the second quarter of fiscal year 2025, reporting a profit after tax of PkR7.6 billion, a 4% decrease compared to the same period last year. Despite the decline, the compa...

The post Pakistan Oilfields Records Decline in Earnings but Declares Robust Dividend appeared first on Pakistan Business News.

Lahore: Engro Fertilizers has inaugurated a new Markaz Centre in Muridke, expanding its network to four centers across Pakistan. This move aims to support the government's efforts to ensure high-quality fertilizers are available at controlled prices t...

The post Engro Fertilizers Expands Support for Farmers with New Markaz Centre appeared first on Pakistan Business News.

Karachi: The Karachi Chamber of Commerce & Industry (KCCI) President, Muhammad Jawed Bilwani, has stressed the urgent necessity for the State Bank of Pakistan (SBP) to align the nation's monetary policy rate with regional standards. This move aims to ...

The post KCCI Calls for SBP to Align Monetary Policy with Regional Standards appeared first on Pakistan Business News.

Karachi: Vivo Pakistan has introduced the vivo Y200, a new addition to its Y Series, garnering positive feedback from tech experts and lifestyle content creators.

According to a statement by Vivo, the Y200 blends style, functionality, and performanc...

The post Vivo Y200 Launches in Pakistan, Draws Praise for Style and Performance appeared first on Pakistan Business News.

Karachi: The Exchange Companies Association of Pakistan has announced the latest foreign currency exchange rates for January 25, 2025, providing updated figures for several major currencies.

According to a statement by Exchange Companies Association...

The post Currency Exchange Rates for January 2025 Announced appeared first on Pakistan Business News.