Lahore: Fatima Fertilizer Company Ltd. (FATIMA) today announced its third quarter financial results for the year 2024, posting an 18% increase in consolidated earnings, despite a significant drop in sales volumes and revenues. The company recorded ear…

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Islamabad: The State Bank of Pakistan (SBP) is anticipated to implement a significant reduction in its policy rate by 200 basis points in the upcoming Monetary Policy Committee (MPC) meeting. This move is driven by a combination of higher real interes…

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Karachi: Pakistan State Oil (PSO) reported significant progress in revenue collection for the third consecutive quarter, with total trade receivables declining by PkR80 billion from December 2023’s peak of PkR548 billion. This reduction, driven by col…

The post PSO Reports Strong Revenue Collection, Boosting Liquidity and Reducing Obligations appeared first on Pakistan Business News.

Karachi: Pakistan’s High Commissioner to the Maldives, Faisal Rasul Lodhi, emphasized the need for expanding trade between Pakistan and the Maldives, currently valued at around $8 to $9 million, by tapping into new business opportunities and fostering …

The post Pakistan, Maldives Urged to Boost Low Trade Volume Amid Strategic Opportunities appeared first on Pakistan Business News.

Lahore: The Lahore Chamber of Commerce and Industry (LCCI) and the Punjab Information Technology Board (PITB) have entered into a Memorandum of Understanding (MoU) to launch an advanced job-matching and recruitment platform. This initiative, hosted at …

The post LCCI and PITB Launch Job Portal to Enhance Employment Opportunities in Punjab appeared first on Pakistan Business News.

Karachi: Malik Khuda Bakhsh, a core committee member of the United Business Group (UBG) and convener of the FPCCI Central Standing Committee, has appealed to Pakistan’s top leadership, including the Prime Minister, the Finance Minister, and the Governo…

The post Business Leader Malik Khuda Bakhsh Calls for 4-5% Interest Rate Cut to Boost Trade appeared first on Pakistan Business News.

Karachi: Lucky Cement Ltd. (LUCK) has released its financial results for the first quarter of FY25, showing a marginal 5% year-on-year decline in standalone earnings to PkR6.6 billion, with earnings per share (EPS) falling to PkR22.4 from PkR23.6. The…

The post Lucky Cement Reports Slight Earnings Decline in First Quarter Amid Cost Challenges appeared first on Pakistan Business News.

Islamabad: Bank Alfalah has unveiled its new mobile banking application, ‘Alfa’, aimed at transforming the digital banking landscape in Pakistan by integrating financial services with everyday lifestyle needs. The launch took place at the newly inaugu…

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Karachi: In a significant move towards sustainable manufacturing, Dawlance, Pakistan’s premier home appliances manufacturer, has invested over 1,100,000 Euros to transition its Karachi factories to solar energy. The initiative is part of the company’s…

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