Business

Karachi: The State Bank of Pakistan released the latest figures for treasury bill rates on Tuesday, providing updated bid and offer values for various tenors ranging from one week to one year. These rates are crucial indicators for the country's finan...

Karachi: The State Bank of Pakistan has released the latest figures for the weighted average customer exchange rates as of April 22, 2025. The data includes buying and selling rates for a range of currencies, providing insight into the current state o...

Karachi: VIS Credit Rating Company Limited has reaffirmed the entity ratings for Umar Spinning Mills Private Limited at 'BBB+/A2', indicating adequate credit quality and good likelihood of timely repayment of short-term obligations. The outlook remain...

Karachi: BankIslami, a major player in the country's Islamic banking sector, announced a Profit Before Tax (PBT) of PKR 5.49 billion for the first quarter ending March 31, 2025. Demonstrating a robust start to the year, the bank reported a 6.3% increa...

Karachi: Amaan Pracha, Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), emphasized the importance of boosting Pakistani exports to bring in essential foreign exchange. He urged Prime Minister Shahbaz Sharif and F...

KARACHI: Pakistan Chemicals and Dyes Merchants Association (PCDMA) has put forward a set of budget recommendations to the Federal Board of Revenue (FBR) aimed at alleviating the compliance burden on taxpayers and fostering trust between the business s...

Karachi: The Association of Chartered Certified Accountants (ACCA) has taken steps to strengthen Pakistan's business landscape through a strategic partnership with the Overseas Investors Chamber of Commerce and Industry (OICCI). During her visit to Pa...