Karachi, The President of the Karachi Chamber of Commerce and Industry (KCCI), Iftikhar Ahmed Sheikh, has publicly commended Prime Minister Shehbaz Sharif for implementing significant changes in customs enforcement and sales tax return processes. These…

Karachi, Leaders of the United Business Group (UBG) have voiced their dissatisfaction with the State Bank of Pakistan’s (SBP) decision to maintain the policy interest rate at 22%, contrary to industry expectations of a significant reduction. This decis…

Karachi, In a significant move to advance road safety standards within its logistics operations, Unilever Pakistan hosted a comprehensive workshop today at its head office. The event, titled “All in For Safety on the Roads,” aimed to unify various stak…

Karachi, BankIslami Pakistan Limited announced a significant increase in its financial performance for the first quarter of 2024, reporting a profit before tax of PKR 6.3 billion, marking a 99% increase compared to the same period last year. The bank’s…

Karachi, In a move aimed at bolstering its media presence, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has appointed Kashif Munir as the convener and Masood Ahmed Siddiqui as the deputy convener of its Central Standing Committe…

Karachi, National Bank of Pakistan (NBP) is actively expanding its agricultural loan program to specifically support women in the agriculture sector. The bank’s initiative aims to address the challenges faced by women entrepreneurs by offering incentiv…

Karachi, Pakistan State Oil (PSO), the leading energy company in Pakistan, maintained its industry dominance and posted a net profit of PKR 13.4 billion in the nine months of FY24. The company’s Board of Management (BoM) reviewed the performance for th…

Karachi, FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for the first quarter of 2024, showing a 21% increase in topline revenue. The company’s revenue for the quarter reached PKR 27.5 billion, compared to PKR 22.7 bill…

Islamabad, The Capital Development Authority (CDA) is seeking approval from the federal cabinet to construct two new five-star hotels in Sector F-5 of Islamabad. This initiative follows a meeting chaired by Prime Minister Shehbaz Sharif, where CDA subm…

Lahore, Imran Ameen, CEO of the Central Business District (CBD), attended a meeting chaired by Lahore Development Authority (LDA) Director General Tahir Farooq to discuss the LDA’s restructuring, as reported by a news source. The meeting aimed to impro…