Karachi: Mian Zahid Hussain, a prominent figure in Pakistan's business circles, has called for immediate structural reforms in the country's IT sector to address unresolved institutional issues that are hindering the sector's growth. According to Huss...
Read More »PTC Secures CCP Approval for Telenor Acquisition Amid Competitive Conditions
Islamabad: The long-anticipated acquisition of Telenor by Pakistan Telecommunication Company (PTC) has received the green light from the Competition Commission of Pakistan (CCP), marking a significant development in the telecommunications sector. The ...
Read More »Hand-Knotted Carpet Exhibition in Lahore Boosts Pakistan’s Export Prospects
Lahore: The three-day international exhibition of hand-knotted carpets in Lahore concluded with notable success, signaling a promising boost for the carpet industry and Pakistan's economy. Agreements inked with foreign buyers at the event are anticipa...
Read More »Habib Construction Services Limited Maintains Stable Ratings Amid Growth and Challenges
Karachi: The Pakistan Credit Rating Agency Limited (PACRA) has maintained the entity ratings of Habib Construction Services Limited (HCS), citing the company's strong brand reputation and successful completion of numerous projects. HCS, a key player i...
Read More »Currency Exchange Rates Show Stability Across Major Currencies
Karachi: The State Bank of Pakistan has released the latest figures for the weighted average customer exchange rates, indicating a stable trend across major international currencies. The data reflects the buying and selling rates for currencies as of ...
Read More »State Bank Reports Overnight Repo Activity Amid Financial Adjustments
Karachi: The State Bank of Pakistan disclosed details of its recent overnight repo transactions, indicating that on October 8, 2025, three financial institutions accessed the central bank's repo facility, borrowing a total of 72,300 million rupees. No...
Read More »OIC Member States Unite to Strengthen SME Growth and Collaboration
Lahore: The Small and Medium Enterprises (SMEs) in the Organisation of Islamic Cooperation (OIC) member states have committed to bolstering entrepreneurship and fostering inclusive economic growth. This pledge was made during the first meeting of the ...
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