Karachi: Cement dispatches in September 2025 reached 4.2 million tons, marking a 7% increase compared to the same period last year. This growth was primarily driven by a 14% rise in local sales, which effectively countered a 15% decrease in exports. M...
Read More »SBP’s Unchanged Policy Rate Sparks Concerns Over Economic Impact
Karachi: Mian Zahid Hussain, a prominent business leader, has voiced concerns over the State Bank of Pakistan's (SBP) decision to maintain the policy rate at 11.00%. He warned that the decision could harm industrial growth and the country's export com...
Read More »Messe Frankfurt Highlights Heimtextil 2026 at Lahore Carpet Expo
KARACHI: Messe Frankfurt Pakistan successfully participated in the 41st Pakistan International Handmade Carpet Exhibition, held in Lahore from October 7 to 9, 2025. The event, organized by the Pakistan Carpet Manufacturers and Exporters Association...
Read More »Ceasefire Agreement Marks New Phase in Gaza Conflict Resolution
Karachi: Malik Muhammad Bostan, Chairman of the Exchange Companies Association of Pakistan, has welcomed the ceasefire agreement between Israel and Hamas, expressing optimism that the deal will help bring an end to the two-year-long war in Gaza. In ...
Read More »Currency Exchange Rates Fluctuate Amid Economic Uncertainty
Karachi: Currency exchange rates experienced fluctuations on October 9, 2025, as reported by the Exchange Companies Association of Pakistan. The movements come amid ongoing economic uncertainty. The US dollar saw a buying rate of 281.71 and a sellin...
Read More »Exchange Rates Show Subtle Fluctuations Across Major Currencies
Karachi: The State Bank of Pakistan released the latest weighted average customer exchange rates, revealing minor fluctuations in the buying and selling rates for major global currencies. The data, current as of October 9, 2025, offers insights into t...
Read More »Mobilink Bank Gains Recognition at AMC-9 for Digital and Financial Initiatives
Karachi: Mobilink Bank, a prominent digital microfinance institution in Pakistan, has received four awards at the 9th Annual Microfinance Conference (AMC-9), highlighting its efforts in digital innovation and financial inclusion. The event, themed "...
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