Business

Karachi: The State Life Insurance Corporation of Pakistan, a government-owned life insurer, has been assigned a Pension Fund Manager (PFM) rating of "AM1(p)" by the Pakistan Credit Rating Agency Limited (PACRA). This rating reflects the corporation's ...

Islamabad: A recent International Monetary Fund (IMF) report has acknowledged Pakistan's progress in stabilizing its economy under the Extended Fund Facility (EFF), while also pointing to ongoing challenges. Following the IMF Executive Board's approva...

Karachi: The Pakistani rupee maintained its stability against major currencies in the open market, according to the latest figures released by the Exchange Companies Association of Pakistan (ECAP) on December 10, 2025. The exchange rates, as compiled ...

Karachi: The Exchange Companies Association of Pakistan (ECAP) reported steady closing exchange rates in the open market on December 9, 2025. The rates, sourced from the State Bank of Pakistan, showed minimal fluctuations across major currencies. Th...

Lahore: In a notable advancement for economic relations and support for small and medium enterprises (SMEs), Pakistan and Indonesia have signed a Memorandum of Understanding (MoU) aimed at fostering collaboration between the two nations. The signing c...

KARACHI: Pakistan's Economic Coordination Committee (ECC) is considering a proposal to raise margins for Oil Marketing Companies (OMCs) by up to PKR 1.63 per liter, according to reports. This potential adjustment, which amounts to a 14-21% increase fr...

KARACHI: Pakistan's Economic Coordination Committee (ECC) is considering a proposal to raise margins for Oil Marketing Companies (OMCs) by up to PKR 1.63 per liter, according to reports. This potential adjustment, which amounts to a 14-21% increase fr...