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Category: Business

Maple Leaf Cement Surges with Strong Q2 Earnings Boost

Lahore: Maple Leaf Cement Factory Ltd. (MLCF) has reported a significant increase in its financial performance for the second quarter of fiscal year 2025, with consolidated profits rising to PkR3.7 billion, marking a 67% year-over-year growth. The com…

Pakistan’s Manufacturing Sector Faces Continued Decline

Islamabad: The Pakistan Bureau of Statistics (PBS) has reported a 3.7% year-on-year decrease in Large Scale Manufacturing (LSM) for December 2024, marking the third consecutive year of negative growth in the first half of the fiscal year.

According…

Trade Bodies Protest Government Decision to Hold Early Elections

Karachi: The Chairman of the All Pakistan Motorcycle Spare Parts Importers and Dealers Association (AP MASPDA), Sohail Osman, voiced his concerns regarding the federal government’s decision to conduct new elections for trade bodies in 2025.

Accordi…

Currency Exchange Rates Show Stability Amid Economic Uncertainty

Karachi: Recent currency exchange rates have shown stability despite ongoing economic uncertainty, as revealed in a press release from the Exchange Companies Association of Pakistan. The rates, which were released on February 20, 2025, indicate minor …