Karachi: The Exchange Companies Association of Pakistan (ECAP) released the closing exchange rates on July 10, 2025, showing minor fluctuations in the buying and selling prices of major currencies. According to the State Bank of Pakistan, the US dolla...
Read More »Pakistan’s Remittance Inflows Reach Historic High of $38.3 Billion in FY25
Karachi: Pakistan has achieved a record in its remittance inflows, with the fiscal year 2025 witnessing overseas Pakistanis sending home a total of $38.3 billion. This represents a 27% increase compared to the previous year, as detailed in a recent re...
Read More »FBR’s E-Invoicing System Criticized for Lack of Consultation
Karachi: The Pakistan Chemicals and Dyes Merchants Association (PCDMA) has criticized the Federal Board of Revenue (FBR) for introducing an e-invoicing system without prior stakeholder consultation or awareness sessions, labeling it a nightmare for ta...
Read More »Pakistan Cement Sector Anticipates 42% Profit Growth by FY25 Amid Improved Macroeconomics
Karachi: The profitability of Pakistan's cement sector is projected to grow by a substantial 42% year-on-year in the fiscal year 2025, according to a recent analysis by AKD Securities Limited. This anticipated growth is attributed to improving macroec...
Read More »Pakistan’s E and P Sector Poised for Recovery Amid Improved Liquidity
Karachi: Pakistan's exploration and production (E and P) sector is on the cusp of recovery, driven by improving liquidity and increased discoveries, according to figures released by the Pakistan Petroleum Information Service (PPIS) for the fiscal year...
Read More »Exchange Rates Show Stability in Pakistan’s Open Market
Karachi: The Exchange Companies Association of Pakistan (ECAP) reported stable closing exchange rates in the open market as of July 9, 2025. The data, sourced from the State Bank of Pakistan, highlighted the buying and selling rates for several major ...
Read More »Exchange Rates Show Stability in Pakistan’s Open Market
Karachi: The Exchange Companies Association of Pakistan (ECAP) reported stable closing exchange rates in the open market as of July 9, 2025. The data, sourced from the State Bank of Pakistan, highlighted the buying and selling rates for several major ...
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