KARACHI: The State Bank of Pakistan's recent decision to maintain the policy interest rate at 11 percent has drawn criticism from Muhammad Ikram Rajput, President of the Korangi Association of Trade and Industry (KATI). The rate, unchanged for the fou...
Read More »FPCCI President Condemns State Bank’s Decision to Keep Interest Rate at 11%
Karachi: The President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Atif Ikram Sheikh, has voiced strong opposition to the State Bank of Pakistan's decision to maintain its policy interest rate at 11%. He labeled the move a...
Read More »Pakistan’s Mobile Manufacturing Sees Significant Growth in September
Karachi: Local mobile phone manufacturing in Pakistan saw a substantial increase in September 2025, with a 55% month-on-month rise in production, according to the Pakistan Telecommunication Authority. The number of mobile units manufactured or assembl...
Read More »KCCI Criticizes State Bank’s Decision to Maintain 11% Interest Rate
KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has expressed dissatisfaction with the State Bank of Pakistan's decision to keep the benchmark interest rate steady at 11 percent, describing it as a lost chance to alleviate the financial b...
Read More »Pakistan Showcases Robust Beauty Industry at Dubai Exhibition
KARACHI: Pakistan has made a significant impact at the Beautyworld Middle East 2025, showcasing 40 exhibitors at the World Trade Center in Dubai, and marking a milestone in the country's beauty industry. With over 75,000 visitors and 2,500 exhibitor...
Read More »PIA’s Flight Resumption Marks Key Step Toward Privatization
Karachi: Pakistan International Airlines (PIA) has resumed direct flights to Western markets, a move hailed as a strategic milestone for national trade and a vital precursor to the airline's privatization. Mian Zahid Hussain, President of the Pakistan...
Read More »DG Khan Cement, Kohat Cement, and Pioneer Cement Release Earnings Projections
Karachi: DG Khan Cement Ltd (DGKC), Kohat Cement Ltd (KOHC), and Pioneer Cement Ltd (PIOC) have announced their earnings projections for the first quarter of the fiscal year 2026, highlighting varied financial outcomes for the companies. DG Khan Cem...
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