Karachi: The Chairman of Pakistan Chemicals and Dyes Merchants Association (PCDMA), Salim Valimuhammad, has strongly criticized the Federal Board of Revenue (FBR) for the sudden rollout of the e-invoicing system, calling it premature, impractical, and…
Karachi: In a striking development for the oil marketing sector, the latest figures reveal a notable increase in overall sales despite a substantial decline in furnace oil demand. The Oil Marketing Companies (OMC) reported a 7% year-on-year rise in Au…
Karachi: A dramatic shift in currency exchange rates is sending ripples through financial markets, as the Exchange Companies Association of Pakistan reports notable fluctuations in various foreign currencies against the Pakistani Rupee. The most alarm…
Islamabad: In a corporate briefing held today, Pakistan Tobacco Company (PAKT) revealed a significant challenge hampering the industry: the illicit cigarette market, which commands a staggering 57% share, continues to overshadow legitimate sales despi…
Karachi: In an unprecedented leap, the KSE100 index soared by 1,004.36 points, marking a significant upswing in the stock market. This dramatic rise brought the index to a remarkable 150,975.48 points, showcasing one of the most substantial single-day…
Karachi: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has spotlighted Balochistan’s potential as a green energy powerhouse at the recently concluded Balochistan Green Energy and Industrial Development Conference. Held in collabo…
Karachi: Outrage and determination permeate Pakistan as Faisal Moiz Khan, President of the North Karachi Association of Trade and Industry (NKATI), vociferously condemned India’s water aggression, vowing that the nation, alongside its business communi…