Karachi: The Exchange Companies Association of Pakistan reported slight fluctuations in the buying and selling rates of major currencies over two consecutive days. The data highlights minor adjustments in the rates for the US dollar, Euro, British pou…
Karachi: Standard Chartered Bank (Pakistan) Limited, a leading international bank in the country, today announced its annual results for 2023, recording a profit before tax of PKR 89.2 billion, marking a 78% increase from the previous year. The bank a…
Karachi: The President of the Karachi Chamber of Commerce and Industry (KCCI), Iftikhar Ahmed Sheikh, has formally requested the Federal Board of Revenue (FBR) to postpone the deadline for filing income tax returns. Citing significant engagement with e…
Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has voiced strong opposition to what it perceives as the Federal Board of Revenue’s (FBR) aggressive tax collection targets and methods, arguing that such strategies are unre…
Islamabad: Pakistan’s Consumer Price Index (CPI) has dropped to a four-year low of 7.5% in September 2024, marking the lowest rate since January 2021 and signaling a potential for further interest rate cuts. This decline is primarily attributed to a fa…
Karachi: Abdullah Zaki, former President of the Karachi Chamber of Commerce and Industry (KCCI), has been appointed as a Member of the Board of Trustees for the Karachi Port Trust (KPT). This appointment is part of the recent reconstitution of the bo…