Business

Karachi: Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has expressed the business community's disappointment with the current monetary policy, highlighting a significant premium on the policy...

The post FPCCI President Urges Drastic Rate Cut Ahead of Monetary Policy Meeting appeared first on Pakistan Business News.

Karachi: Muhammad Jawed Bilwani, President of the Karachi Chamber of Commerce and Industry (KCCI), has called on the State Bank of Pakistan to significantly reduce the policy rate by 300 to 500 basis points in the upcoming Monetary Policy Committee (M...

The post Karachi Chamber President Calls for Major Rate Cut to Boost Economic Growth appeared first on Pakistan Business News.

Karachi: The Karachi Stock Exchange (KSE-100) experienced a significant decline yesterday, losing 1,320 points to close at 88,967, with trading volume reaching 546 million shares. Market activity was predominantly focused in the sectors of banking, po...

The post KSE-100 Tumbles Amid Varied Economic Indicators; Policy Adjustments and Market Movements Noted appeared first on Pakistan Business News.

Karachi: Wafi Energy Holding Limited has become the majority shareholder of Shell Pakistan Limited (SPL) after acquiring a 77.42% interest from The Shell Petroleum Company Limited, a subsidiary of Shell plc. This significant transaction raises Wafi En...

The post Wafi Energy Acquires Majority Stake in Shell Pakistan appeared first on Pakistan Business News.

Islamabad: The Pakistan Credit Rating Agency Limited (PACRA) has reaffirmed the entity ratings of Zahidjee Textile Mills Limited, maintaining its long-term and short-term ratings at 'A' and 'A1' respectively. The outlook for the company remains stable...

The post PACRA Upholds Zahidjee Textile Mills’ Stable Ratings appeared first on Pakistan Business News.

Islamabad: Nasir Mansoor Qureshi, President of the Islamabad Chamber of Commerce and Industry (ICCI), has urged Pakistan's diplomatic corps and trade officials to initiate an aggressive trade diplomacy campaign. This effort aims to promote the nation'...

The post ICCI President Calls for Diplomatic Push to Achieve $100 Billion Export Goal by 2030 appeared first on Pakistan Business News.

Islamabad: Cherat Cement Company Ltd. (CHCC) revealed its first quarter fiscal year 2025 financial outcomes today, marking its highest-ever quarterly earnings. The company achieved earnings of PkR2.9 billion, a substantial 88% increase from PkR1.5 bil...

The post Cherat Cement Reports Record Earnings in First Quarter Fiscal Year 2025 appeared first on Pakistan Business News.