General Business News

Karachi: The Exchange Companies Association of Pakistan announced new currency exchange rates on Tuesday. According to the latest figures, the US Dollar is being bought at 281.31 and sold at 282.87 in the open market. The Euro is being bought at 319...

Karachi: The Overseas Investors Chamber of Commerce and Industry (OICCI) has unveiled a series of tax reform recommendations for the Federal Budget 2025-26, aiming to increase Pakistan's tax-to-GDP ratio to 14 percent from its current rate of less tha...

Karachi: Cherat Cement Company Ltd. (CHCC) reported a significant boost in its third-quarter earnings for the fiscal year 2025, surpassing market expectations due to improved gross margins. The company recorded a profit of PkR1.7 billion, marking a 35...

Karachi: Pakistan State Oil Ltd. (PSO) reported a 28% year-on-year decline in its third-quarter earnings, posting a profit after tax of PkR4.1 billion. The company's earnings per share stood at PkR8.71, which came in slightly below analysts' expectati...

Karachi: D.G. Khan Cement Company Ltd. (DGKC) reported a significant rise in its third-quarter financial results for fiscal year 2025, with a notable 69% year-on-year increase in earnings. The company posted a net profit after tax of PkR2.0 billion, o...

Karachi: The Islamic Chamber of Commerce and Development (ICCD) has announced the second edition of the Best of Entrepreneurship Series in Asia (BOE Asia), set to take place on May 10, 2025, at the Lahore Expo Center. This major event will coincide wi...

LAHORE: Nishat Chunian Ltd. (NCL) reported a significant increase in earnings for the third quarter of fiscal year 2025, largely attributed to reduced borrowing costs. The company announced earnings of PkR481 million, equivalent to an earnings per sha...