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Karachi: The Finance Division has announced a significant improvement in Pakistan's fiscal health for the financial year 2025, reporting a budget deficit of 5.4% of Gross Domestic Product (GDP). This marks a decrease from the previous year's 6.8% defi...
Read More »Rising Energy Costs Deepen Losses for Engro Polymer Chemical Limited
Karachi: Engro Polymer Chemical Limited (EPCL) has announced a consolidated net loss of Rs2.4 billion for the second quarter of the calendar year 2025, reflecting a substantial increase from the Rs688 million loss reported during the same period in 20...
Read More »Jazz Leads PTA’s Quality Survey in Connectivity and Speed
ISLAMABAD: Jazz, Pakistan's leading digital operator, has emerged as the top performer in the Pakistan Telecommunication Authority's latest Quality of Service survey. This achievement underscores the company's commitment to providing superior connecti...
Read More »MCB Bank Reports Rs. 58.06 Billion Profit, Declares 90% Second Interim Dividend
Lahore: MCB Bank Limited announced a profit before tax of Rs. 58.06 billion for the first half of 2025, as the Board of Directors declared a second interim cash dividend of 90%, according to a press release issued on Thursday. This brings the total ca...
Read More »Cement Sector Sees Robust Growth as Local Demand and Exports Surge
Karachi: Pakistan's cement industry is witnessing a significant boost as fiscal year 2026 begins, with cement offtakes showing a substantial increase. According to a report from AKD Securities Limited, cement offtakes grew by 30 percent year-over-year...
Read More »Exchange Rates Fluctuate as Currencies Adjust
Karachi: The Exchange Companies Association of Pakistan has released the latest figures for currency exchange rates, revealing adjustments across a range of foreign currencies against the local currency. According to the association, the US dollar n...
Read More »Lucky Cement and NLC to Train Lakki Marwat Youth in Technical Skills
Karachi: Lucky Cement Limited has announced a new partnership with the National Logistics Cell (NLC) aimed at providing vocational training to young individuals from Lakki Marwat. The initiative will see 10 students undergo technical instruction at NL...
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