KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has made a firm declaration against smuggling, emphasizing its detrimental impact on Pakistan’s economy and legitimate businesses. Muhammad Jawed Bilwani, President of KCCI, highlighted the …
KARACHI: The Korangi Association of Trade and Industry (KATI) President, Junaid Naqi, has issued a strong call for an end to what he describes as discriminatory treatment of Karachi’s electricity consumers. He demands the immediate payment of withheld…
Karachi: Bank Alfalah Limited (BAFL) has reported a 26% year-on-year decline in profits for the first half of the calendar year 2025, according to a briefing by the bank’s management. The reduction in profit, which stood at PkR15.3 billion, was primar…
Karachi: Bank Alfalah Limited (BAFL) conducted a corporate briefing today, revealing insights into its financial performance and future outlook. The briefing highlighted a 23% decline in profit after tax, amounting to Rs8.2 billion, and translated to …
Karachi: The State Bank of Pakistan has disclosed the latest Karachi Interbank Offered Rates (KIBOR), revealing a steady pattern across various tenors. The rates, which are critical benchmarks for lending between banks, showed minor fluctuations, sugg…
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed relief following the reversal of stringent budgetary measures initially proposed in the federal budget for 2025-26. Atif Ikram Sheikh, President of FPCCI, anno…