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KARACHI: Pakistan Chemicals and Dyes Merchants Association (PCDMA) has put forward a set of budget recommendations to the Federal Board of Revenue (FBR) aimed at alleviating the compliance burden on taxpayers and fostering trust between the business s...
Read More »ACCA and OICCI Join Forces to Boost ESG and Corporate Governance in Pakistan
Karachi: The Association of Chartered Certified Accountants (ACCA) has taken steps to strengthen Pakistan's business landscape through a strategic partnership with the Overseas Investors Chamber of Commerce and Industry (OICCI). During her visit to Pa...
Read More »Pakistan’s Inflation Rate Hits Historic Low, Sparks Interest Rate Speculations
Karachi: Pakistan's Consumer Price Index (CPI) is projected to drop to 0.3% in April 2025, marking the lowest level in over six decades. The decline is largely attributed to a significant decrease in food inflation, which is anticipated to see a year-...
Read More »Meezan Bank Reports Lower Profits But Maintains Dividend Payout
Karachi: Meezan Bank Limited (MEBL) announced its financial results for the first quarter of the calendar year 2025, revealing a profit of PkR22 billion, equivalent to earnings per share of PkR12.3. This marks a decline of 12% compared to the same per...
Read More »Exchange Rates Show Slight Fluctuations Across Major Currencies
Karachi: The State Bank of Pakistan released its latest data on exchange rates, revealing slight shifts in the buying and selling rates of major currencies. According to the Domestic Markets and Monetary Management Department, the rates reflect the we...
Read More »PAJCCI Strengthens Economic Ties with Afghan Commerce Minister Visit
Islamabad: The Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI) hosted a significant dinner reception and business meeting to honor Afghan Commerce Minister H.E. Alhaj Nooruddin Azizi at the Marriott Hotel in Islamabad. The event served as a...
Read More »Exchange Rates for Market Revaluation See Slight Increases Across Multiple Currencies
Karachi: The State Bank of Pakistan has released updated exchange rates for the mark-to-market revaluation by authorized dealers in foreign exchange, showing minor increases across a range of currencies. The US dollar is now at 280.8688 for the read...
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