KARACHI: The Chief Collector of Customs Appraisement (South), Muhammad Jamil Nasir Khan, announced that the newly implemented Faceless Customs Assessment (FCA) System has drastically cut the Goods Declaration (GD) clearance time to an average of 18 ho…
Lahore: Confidence among accountants and finance professionals has fallen sharply as a highly uncertain year of 2025 approaches, according to a recent survey. The ACCA (Association of Chartered Certified Accountants) and IMA (Institute of Management A…
Karachi: President of the Korangi Association of Trade and Industry (KATI), Junaid Naqi, has outlined critical measures aimed at revitalizing Pakistan’s housing sector, which he claims could unlock $100 billion in investment potential and provide subs…
Lahore: Honda Atlas Cars Pakistan Limited (HCAR) announced a substantial increase in its quarterly profits, highlighting a shift in its sales mix and improved margins. The company revealed a profit after tax (PAT) of PkR566 million for the third quart…
Karachi: Inflation in January 2025 is projected to decline to a nine-year low of 2.8%, continuing a noticeable trend of disinflation, as reported by JS Global. Despite a 0.6% month-on-month increase, the consumer price index (CPI) is anticipated to re…
Sialkot: In a recent statement, the President of the Sialkot Chamber, Mr. Ikram ul Haq, has called for immediate policy reforms to invigorate Pakistan’s housing and construction sector, emphasizing its crucial role in the national economy. He highligh…
Karachi: The energy and power sector is poised for a significant downturn, with earnings anticipated to decline by 39% this quarter compared to the same period last year. Key factors contributing to this decline include the absence of tax breaks, redu…