KARACHI: In a recent statement, Muhammad Jawed Bilwani, President of the Karachi Chamber of Commerce and Industry (KCCI), voiced strong criticism of the State Bank of Pakistan’s (SBP) decision to keep the policy interest rate at 11 percent, a level co…
Karachi: President of the Korangi Association of Trade and Industry (KATI), Junaid Naqi, has voiced significant disappointment regarding the State Bank of Pakistan’s (SBP) decision to maintain the policy interest rate at 11%. Naqi argues that this dec…
Islamabad: A meeting of the Committee for Development of Investment Portfolio to attract investment was held in Islamabad on Wednesday with Deputy Prime Minister Ishaq Dar in the chair. The meeting discussed various investment proposals and identified…
Karachi: TPL Properties has initiated construction on Lagoon Views 1, the first residential tower of The Mangrove, Karachi’s pioneering mixed-use sustainable development located at Cantonment Board Korangi Creek. The groundbreaking ceremony, held on J…
Karachi: The Exchange Companies Association of Pakistan has released new foreign currency exchange rates, indicating minor fluctuations across various currencies. The rates, dated July 30, 2025, show changes in buying and selling prices for key foreig…
Karachi: Banks in Pakistan are expected to report a year-over-year decline in core income for the second quarter of the calendar year 2025, according to a financial preview provided by JS Global. The contraction is attributed to narrowing net interest…
Karachi: The United Business Group (UBG) has expressed strong disapproval of the State Bank of Pakistan’s recent decision to keep the interest rate steady at 11%. According to UBG President Zubair Tufail, the Monetary Policy Committee’s decision has d…
Karachi: Meezan Bank, Pakistan’s leading Islamic financial institution, has announced the launch of the Visa Global eSIM for its Visa Infinite Debit Cardholders, marking a significant milestone in digital innovation. This move positions Meezan Bank as…