Karachi: Wafi Energy Pakistan Limited (WEPL), formerly known as Shell Pakistan Limited, reported a significant increase in profit for the first quarter of 2025, the company announced. For the period ending March 31, WEPL recorded a profit after tax of…
Faisalabad: Interloop Ltd. (ILP) released its financial results for the third quarter of fiscal year 2025, revealing a significant drop in profitability. The company reported a profit of PKR 1.3 billion, or PKR 0.95 per share, marking a 68% decrease f…
Karachi: Pakistan’s central bank is poised to adjust its monetary policy stance as improving financial inflows and economic indicators create an environment conducive to easing. The State Bank of Pakistan (SBP) is anticipated to reduce interest rates,…
Islamabad: Mobilink Bank, a leading digital microfinance institution, has announced a strategic partnership with Daraz Pakistan, the country’s largest e-commerce platform, to enhance financial inclusion and digital capabilities for micro, small, and m…
Karachi: The State Bank of Pakistan has announced new regulatory measures that will impose a ceiling on loans for certain financial institutions. Starting April 30, 2025, the central bank will enforce a floor limit of 106,000 monetary units, affecting…
Karachi: The Pakistan Stock Exchange (PSX) witnessed a significant downturn, with both the KSE-30 and KSE-100 indices experiencing notable losses. The KSE-100 index fell by 3.09% to close at 111,326.58, while the KSE-30 index dropped by 3.61% to settl…
KARACHI: The Pakistan Chemicals and Dyes Merchants Association (PCDMA) has urged the Federal Board of Revenue (FBR) to extend the deadline for filing sales tax returns to May 31, 2025. This request comes in light of technical difficulties experienced …