General Business News

Islamabad: The Board of Directors of Bank Alfalah Limited has approved the financial results for the year ended December 31, 2024, showcasing a robust performance in challenging conditions. The bank reported a profit after tax of PKR 38.318 billion, w...

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Karachi: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) hosted a significant meeting of the Pakistan-UAE Business Council at its headquarters in Karachi. The gathering was aimed at bolstering trade ties between Pakistan and the U...

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Karachi: Interloop Limited (ILP) anticipates a modest improvement in earnings for the second quarter of the fiscal year 2025, with an expected earnings per share (EPS) of Rs0.68. This reflects a quarter-over-quarter improvement, though year-over-year ...

The post Interloop Limited Earnings Outlook Amid Expansion Challenges appeared first on Pakistan Business News.

Karachi: Bank Al-Habib Limited (BAHL) reported its financial results for the fourth quarter of 2024, revealing a profit of PkR6.8 billion, or PkR6.1 per share, reflecting a 13% year-over-year decrease and a 43% quarter-over-quarter increase. Despite t...

The post Bank Al-Habib Announces Robust Cash Payout Amid Mixed Profit Results appeared first on Pakistan Business News.

Lahore: The China-Pakistan Economic Corridor (CPEC) is set to reshape Pakistan's industrial framework, with Special Economic Zones (SEZs) playing a pivotal role in driving industrialization and investment, Zafar Iqbal, Vice President of the Pakistan C...

The post CPEC’s Special Economic Zones to Empower Pakistan’s Chemical Industry appeared first on Pakistan Business News.

KARACHI: H.E Yang Yundong, Consul General of the People's Republic of China, underscored the robust diplomatic and economic ties between China and Pakistan while calling for an increase in bilateral trade. "The friendship between China and Pakistan is...

The post Chinese Envoy Advocates for Boosted Trade Ties with Pakistan appeared first on Pakistan Business News.

KARACHI: The recent changes by the Federal Board of Revenue (FBR) have made it nearly impossible for small businesses to file timely sales tax returns, according to Muhammad Jawed Bilwani, President of the Karachi Chamber of Commerce and Industry (KCC...

The post New Tax Filing Rules Pose Challenges for Small Businesses: Bilwani appeared first on Pakistan Business News.