Business

Karachi: The State Bank of Pakistan released its latest report on exchange rates, highlighting the buying and selling rates for various currencies against the Pakistani Rupee. The report provides insights into the weighted average customer exchange ra...

Karachi: The State Bank of Pakistan has announced the latest Karachi Interbank Offered Rate (KIBOR) for December 2025. The new rates reflect minor adjustments across various tenors, providing financial institutions with updated benchmarks for short-te...

Lahore: Select Technologies Pvt. Limited, a subsidiary of Air Link Communication Limited, is set to issue its fourth Rated, Secured, Privately Placed, Short-Term Sukuk-IV, valued at PKR 3.5 billion. The issuance comes as the company navigates a comple...

Islamabad: The Pakistan Credit Rating Agency Limited (PACRA) has assigned preliminary ratings to the National Vocational and Technical Training Commission's (NAVTTC) Term Finance Certificates (TFCs), marking a significant step in the launch of Pakista...

Karachi: The State Bank of Pakistan (SBP) announced a significant policy shift today, reducing its monetary policy rate by 50 basis points to 10.5%. The decision, revealed during a post-monetary policy statement briefing by the SBP Governor, reflects ...

Karachi: Pakistan Vanaspati Manufacturers Association (PVMA) Chairman Sheikh Umer Rehan has raised alarm over the ongoing strike by goods transporters, highlighting its potential to significantly disrupt the national economy. The strike, he said, is a...

KARACHI: The SITE Association of Industry has voiced its dissatisfaction with the State Bank of Pakistan's recent policy decision to cut the interest rate by only 50 basis points. Ahmed Azeem Alvi, the association's president, argued that the modest r...