Business

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New Textile Zone Inaugurated by PM, Set to Drive $400M in Exports

New Textile Zone Inaugurated by PM, Set to Drive $400M in Exports

Prime Minister Shehbaz Sharif launched a Special Economic Zone to be set up by a Chinese textile group, with a $100 million investment over five years, projected to yield $400 million in exports.

SBP releases maiden Monetary Policy Report explaining the decision to pause policy ease

SBP releases maiden Monetary Policy Report explaining the decision to pause policy ease

The State Bank of Pakistan (SBP), released its first Monetary Policy Report (MPR), explaining the reasons which the Monetary Policy Committee kept in consideration and decided to maintain the base rate at 11% despite visible improvement in macroeconomic indicators.

TMC and SAP Lead the Charge Toward an AI-Enabled Future of Work

TMC and SAP Lead the Charge Toward an AI-Enabled Future of Work

In a decisive step toward reimagining the future of work, TMC Pvt. Ltd., in collaboration with SAP Pakistan, convened industry leaders at Digital HR, AI-Driven Experience, a high-impact conference held in Karachi.

Cars’ sale increase 21.82% in July 2025

Cars’ sale increase 21.82% in July 2025

The sale of cars during the first month of the current financial year 2025-26 has increased by 21.82 percent as compared to the same month of last year, According to the Pakistan Automobile Manufacturing Association (PAMA) report.

Pakistan business Confidence continues to mount: Gallup Survey

Pakistan business Confidence continues to mount: Gallup Survey

Pakistan business Confidence continues to mount, as per the latest Survey by Gallup for the second Quarter of Fiscal Year 2025 (April-May-Jun25).

State Bank of Pakistan Declares August 14 a Public Holiday for All Financial Institutions

State Bank of Pakistan Declares August 14 a Public Holiday for All Financial Institutions

The State Bank of Pakistan (SBP), on Monday, announced that the central bank as well as all banking and financial institutions will remain closed on Thursday, August 14, 2025.

Algeria, Pakistan’s Fatima Group sign MoU to boost phosphate fertilizer production

Algeria, Pakistan’s Fatima Group sign MoU to boost phosphate fertilizer production

Algeria and Pakistan’s Fatima Group have signed a memorandum of understanding (MoU) to boost phosphate fertilizer production, agreement between Algeria’s industrial mining group Sonarem, represented by its subsidiary Somiphos and Pakistan’s Fatima Group was signed on August 6, 2025, in Algiers. The MoU aims to establish a framework for cooperation between the two parties, focusing on…

Workers’ Remittances Surge to $3.2B in July 2025

Workers’ Remittances Surge to $3.2B in July 2025

The overseas workers’ remittances recorded an inflow of US$3.2 billion during July 2025, the State Bank of Pakistan (SBP) reported on Friday.

Raast QR Code Display Now Mandatory for Retailers—Deadline August 31

Raast QR Code Display Now Mandatory for Retailers—Deadline August 31

The Prime Minister’s Office (PMO) has directed all federal ministries, provincial governments, and regulatory bodies to ensure that every retail outlet under their jurisdiction installs and prominently displays Raast QR codes by August 31, 2025.

Bank Alfalah Onboards 29 Future Leaders in the 11th Batch of its Management Trainee Program

Bank Alfalah Onboards 29 Future Leaders in the 11th Batch of its Management Trainee Program

Bank Alfalah, has welcomed 29 outstanding individuals into the 11th batch of its prestigious Alfa Lead Management Trainee Program 2025.