KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has criticized the State Bank of Pakistan’s decision to reduce the policy interest rate by 0.5 percent, arguing that the minor adjustment fails to address the pressing economic challenges …
Karachi: System Limited (SYS) conducted its corporate briefing today to discuss the third quarter results for the calendar year 2025 and its future outlook. The company reported a notable increase in earnings per share (EPS) of Rs1.90, marking a 46% i…
Karachi: The Exchange Companies Association of Pakistan (ECAP) released its open market closing exchange rates for December 15, 2025, revealing mixed performance of the Pakistani rupee against major global currencies.
According to the data from the …
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 …
Lahore: MG Pakistan, in partnership with JW SEZ, announced the release of the SGMW Binguo EV, a B-segment hatchback developed by SAIC-GM-Wuling (SGMW). Priced at Rs. 5,999,000, the vehicle is now open for booking with an advance payment of Rs. 1.2 mil…
Islamabad:Minister for National Food Security and Research, Rana Tanveer Hussain, has emphasized the importance of developing a sustainable wheat surplus to cater to global markets and food-deficit countries. He made these remarks during a meeting wit…
