Karachi: The President of the North Karachi Association of Trade and Industry (NKATI), Faisal Moiz Khan, has called on the State Bank of Pakistan to lower the policy rate by 2 to 3 percent in its upcoming monetary policy meeting. He advocates for a si…

Karachi: Faisal Moiz Khan, President of the North Karachi Association of Trade and Industry (NKATI), has voiced concern over a nationwide strike by goods transporters that is disrupting the flow of export and import goods. He has called on the governm…

Karachi: The Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Muhammad Aman Pracha, has called on the federal government to reduce the policy rate by up to 300 basis points, emphasizing the need for such a move t…

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: In a detailed report released by the International Monetary Fund (IMF), Pakistan’s economic landscape is poised for significant shifts as the country navigates its Extended Funded Facility (EFF) and Resilience and Sustainability Facility (R…

Karachi: The Exchange Companies Association of Pakistan (ECAP) reported the closing exchange rates for December 12, 2025, indicating stability in the currency market. According to the data provided by the State Bank of Pakistan, the US dollar was bein…

Karachi: Pak-Qatar Family Takaful Limited’s (PQFTL) recent initial public offering (IPO) has exceeded expectations, being oversubscribed by 3.2 times. This marks a significant achievement as it is the first IPO of a dedicated Family Takaful company to…

Karachi: The Exchange Companies Association of Pakistan (ECAP) reported the closing exchange rates for December 12, 2025, indicating stability in the currency market. According to the data provided by the State Bank of Pakistan, the US dollar was bein…