Karachi: The business community in Pakistan has expressed support for the appointment of Field Marshal Asim Munir as the country's first Chief of Defence Staff, a move seen as crucial for enhancing national security and fostering economic growth. Mian...
Read More »Ghandhara Automobiles Reports Robust Profit Surge in FY25
Karachi: Ghandhara Automobiles Ltd. (GAL) announced a notable increase in profit during its recent analyst briefing, attributed to strong sales performance in the fiscal year 2025. The company reported a topline of PKR 34.5 billion, a substantial rise...
Read More »Bank of Punjab Reports Positive Financial Adjustments and Strategic Growth Plans
LAHORE: The Bank of Punjab (BOP) announced several key financial adjustments and strategic targets during its recent corporate briefing. The bank's management reported a provision charge of Rs1.8 billion for September 2025, aligning with IFRS-9 standa...
Read More »Ghandhara Industries Reports Robust FY25 Growth Amid Axle Load Implementation
Karachi: Ghandhara Industries Ltd. (GHNI) announced a significant financial upturn for the fiscal year 2025 at its corporate briefing, citing a substantial increase in sales volume driven by axle load implementation. The company's topline soared to Pk...
Read More »Pak-Afghan Border Closure Poses Potential Economic Challenges
Islamabad: The suspension of trade between Pakistan and Afghanistan, which began on October 10 due to escalating border tensions, threatens to create significant economic repercussions for both nations if the situation remains unresolved through the e...
Read More »Pakistan’s Exchange Rate Update Highlights Currency Fluctuations
Karachi: The State Bank of Pakistan released the latest weighted average customer exchange rates, revealing shifts in buying and selling rates for several major currencies. The figures indicate changes in the exchange rates of the UAE Dirham, Australi...
Read More »Pakistan’s First Cashless Bazaar Opens in Islamabad
Karachi: In a move aimed at propelling Pakistan towards a cashless economy, the Capital Development Authority (CDA) in collaboration with Zindigi, powered by JS Bank, has launched the country's first Cashless Bazaar at the H-9 Sunday Market in Islamab...
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