Lahore: During a recent meeting with the Lahore Chamber of Commerce and Industry (LCCI), Belgian Ambassador Idesbald Vander Gracht highlighted the strategic importance of Belgium as a gateway for Pakistani businesses to the European Union market. The …
Karachi: National Foods Limited (NATF) experienced a significant downturn in its FY24 financial results, primarily due to a decline in its core business, despite notable growth and profitability in its retail segment. The company reported consolidated…
Karachi: Bank Alfalah Limited (BAFL) has reported a significant rise in its profits for the first nine months of 2024, with earnings reaching PKR 33.6 billion, marking a 23% year-over-year increase. This growth was propelled by a substantial rise in N…
Islamabad: The Government of Pakistan has increased the sales tax rate on tractors to 14%, up from 10%, a move targeting both locally produced and imported tractors with engine capacities between 25kW and 75kW. This tax hike is part of efforts to stre…
Karachi: Recent data from the Exchange Companies Association of Pakistan reveals minor fluctuations in the buying and selling rates of major currencies over the course of two days. These changes reflect ongoing adjustments in the foreign exchange mark…
Karachi: Muhammad Jawed Bilwani, President of the Karachi Chamber of Commerce and Industry (KCCI), has made a strong appeal to the government to restore a six-day work week for federal and provincial government bodies to stimulate economic growth and …
Karachi: Junaid Naqi, President of the Korangi Association of Trade and Industry (KATI), has urged the State Bank of Pakistan to implement a significant reduction in interest rates ahead of the upcoming monetary policy announcement, citing the recent …