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Category: Business

CPEC Phase II: A Shift Toward Economic Self-Sufficiency

KARACHI: Mian Zahid Hussain, a prominent business leader, highlighted the transformative potential of the China-Pakistan Economic Corridor (CPEC) Phase II during a recent address. As the President of the Pakistan Businessmen and Intellectuals Forum an…

Pakistan Banks Report Profit Rise Despite Interest Rate Decline

Karachi: Pakistan’s listed banks reported a rise in profitability, recording Rs171 billion in the third quarter of 2025, reflecting an 8% increase year-on-year and a 2% rise quarter-on-quarter.

The banks achieved these gains despite a decline in in…

Edible Oil Industry Appeals for Tax Relief Amid Financial Strain

Karachi: Pakistan Vanaspati Manufacturers Association (PVMA) Chairman Sheikh Umer Rehan has called on the government to release pending sales tax refunds, citing severe financial pressure on the edible oil and ghee industry due to excessive taxation a…

Pakistan Stock Market Eyes Resistance Levels Amid Gains

Karachi: The Karachi Stock Exchange’s KSE-100 index reported a significant increase, closing at 161,632 after gaining 4,899 points on Friday. Trading volumes rose to 953 million shares, compared to 848 million shares in the previous session. Analysts …