Karachi: The Korangi Association of Trade and Industry (KATI) has voiced strong opposition to the recent increase in petroleum prices announced by the government. Junaid Naqi, the association's president, highlighted the significant impact of the Rs 5...
Read More »Fuel Price Surge in Pakistan Sparks Inflation Concerns
Karachi: The recent rise in petrol and high-speed diesel prices in Pakistan has triggered alarm among business leaders and citizens, with predictions of escalating inflation and financial strain on households. Mian Zahid Hussain, a prominent figure in...
Read More »HUBC Extends Sponsor Guarantees for Thar Power Projects
Karachi: The Board of Directors at Hub Power Company (HUBC) has approved the extension of Sponsor Support Contribution Letters of Credit (SSC LCs) for Thar Energy Limited (TEL) and ThalNova Power Thar (Pvt) Ltd (TNTPL). The extensions are valued at up...
Read More »Honda Atlas Cars Reports Strong MY25 Results Amid Market Growth
Karachi: Honda Atlas Cars (Pakistan) Ltd. presented a robust performance in its MY25 results, as disclosed during its recent analyst briefing. The company experienced a 42% increase in topline revenue, reaching PkR78 billion from PkR55 billion the pre...
Read More »Pakistan and UK Sign Landmark Trade Agreement to Enhance Economic Ties
Karachi: A new agreement aimed at boosting bilateral trade between Pakistan and the United Kingdom has been welcomed by Muhammad Aman Paracha, Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI). The agreement, signe...
Read More »inDrive Introduces Premium Rides to Capture High-End Travel Market in Pakistan
Islamabad: inDrive, the leading mobility platform in Pakistan, has announced the launch of Premium-category Rides in major cities, responding to the increasing demand for high-end travel options. This new service is now available in Karachi, Lahore, a...
Read More »Business Alliances and Political Intrigue: The Unsettled Storm in Pakistan’s Commerce Federation
Karachi: The alliance between the United Business Group (UBG) and the Businessmen Panel (BMP) within the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has sparked ongoing debate and speculation. With the recent extension of the FPCC...
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