Karachi: The Exchange Companies Association of Pakistan released the latest foreign currency rates, showing slight fluctuations in various currencies against the Pakistani Rupee. The figures reveal minor changes in the buying and selling rates of majo...
Read More »Customs Department to Coordinate Upcoming Raids with Trade Associations
KARACHI: In an effort to build trust and enhance transparency, the Customs Department announced its plans to conduct the next four enforcement raids in cooperation with relevant trade associations. This move, revealed by Collector of Customs (Enforcem...
Read More »PAJCCI Embraces Trade Pact, Urges Solutions for Persistent Challenges
Karachi: The Pakistan Afghanistan Joint Chamber of Commerce and Industry (PAJCCI) has expressed approval of the recent Preferential Trade Agreement (PTA) between Pakistan and Afghanistan, signed on July 23, 2025. This agreement, which significantly lo...
Read More »Nestle Pakistan Sees Revenue Dip Amid New Tax Pressures
Lahore: Nestle Pakistan announced its financial results for the first half of 2025, revealing a revenue decline to PKR 101.3 billion, down 5.9% from the same period last year. This drop has been attributed to the introduction of sales tax on most of i...
Read More »Engro Fertilizers and Bank Alfalah Join Forces to Boost Farmer Financing in Pakistan
Karachi: Engro Fertilizers and Bank Alfalah Limited have announced a strategic partnership to launch a PKR 250 million financing initiative aimed at empowering farmers across Pakistan. The collaboration will offer loans of up to PKR 1 million to farme...
Read More »Pakistan’s Dollar Dilemma: Businesses Grapple with Black Market Dependency
Karachi: In a growing economic conundrum, the persistent shortage of dollars in Pakistan is compelling businesses to turn to the black market, according to Mian Zahid Hussain, a prominent figure in the business community. The scarcity of foreign curre...
Read More »AGP Limited’s Earnings Surge 90% Year-on-Year, Despite Quarter-on-Quarter Dip
Karachi: AGP Limited is projected to report a significant year-on-year increase in earnings for the second quarter of the calendar year 2025, with consolidated earnings expected to reach Rs725 million, reflecting a 90% rise. This translates into an ea...
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