Karachi: In a recent statement, Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), expressed significant dissatisfaction with the recent adjustments in the monetary policy, particularly criticizin…
Karachi: In a recent statement, Altaf A. Ghaffar, the Acting President of the Karachi Chamber of Commerce and Industry (KCCI), criticized the State Bank of Pakistan’s decision to cut the interest rate by only 2 percent to 17.5 percent. He argued tha…
Lahore: Sui Northern Gas Pipelines Ltd (SNGP), a leading entity in Pakistan’s gas distribution sector, convened an analyst briefing today to discuss its FY23 performance and strategic outlook. Despite facing a slight reduction in gas sales, the compan…
Lahore: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has called for a reduction in the current interest rate to 10% to support the business community and enhance investment opportunities. Moazzam Ghurki, President of PCJCCI, high…
Karachi: Indus Motor Company Limited (INDU) recently unveiled its financial outcomes for FY24, reporting a significant 56% growth in earnings per share at Rs192, despite a downturn in unit sales to 20,770, the lowest since FY03. The improvement in pro…
Karachi: The Pakistan Stock Exchange (PSX) exhibited a positive trajectory today, closing up by 366 points at 79,018, spurred by investor anticipation of monetary policy easing. Following the trading session, the State Bank of Pakistan Monetary Policy…
Karachi: Emirates airline is supporting the educational and athletic pursuits of Syed Daniah and Syed Abiha, two young golf talents from Karachi, by sponsoring their travel to the United States where they will attend Blinn College-Brenham Campus in Te…