FLASHNEWS:

Day: August 6, 2025

Power Sector Debt Reduction Sparks Debate on Consumer Benefits

Karachi: The Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Amaan Pracha, has called on the government to pass the benefits of a notable reduction in the power sector’s circular debt directly to electricity con…

foodpanda’s $1.2 Billion Economic Boost in Pakistan

Karachi: In a groundbreaking study conducted by the Lahore University of Management Sciences (LUMS), foodpanda, Pakistan’s premier online delivery platform, is projected to contribute $1.2 billion (PKR 335 billion) to the country’s economy in the fisc…

MCB Bank’s Earnings Decline Amid Rising Administrative Expenses

Karachi: MCB Bank Limited reported its second-quarter financial results for the calendar year 2025, revealing a decline in net profit due to increased administrative expenses. The bank posted a net profit after tax of PKR 13.5 billion for the quarter,…