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DG Khan Cement Reports 22% Increase in Earnings, Despite Topline Decline

Karachi: D.G. Khan Cement Company Ltd. (DGKC) disclosed its financial outcomes for the first quarter of FY25, revealing a 22% year-over-year increase in earnings, surpassing market expectations. This improvement was notably driven by robust gross marg...

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Pakistani Currency Rates Show Slight Variation Across Major Currencies

Karachi: The latest currency exchange rates issued by the Exchange Companies Association of Pakistan show minor fluctuations in the buying and selling prices for major currencies such as the USD, Euro, and GBP between October 16 and 17, 2024.

Accord...

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LCCI Criticizes FBR for Disruptive Raids on Lahore’s Industrial Units

Lahore: The Lahore Chamber of Commerce and Industry (LCCI) has publicly condemned the Federal Board of Revenue's (FBR) recent raids on local industrial units, criticizing the actions for causing significant disruptions and fostering a climate of fear a...

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KCCI President Calls for Deferral of Affidavit Requirement in Sales Tax Returns

Karachi: The President of the Karachi Chamber of Commerce and Industry (KCCI), Muhammad Jawed Bilwani, has requested the Federal Board of Revenue (FBR) to reconsider its requirement for submitting affidavits with sales tax returns. He highlighted the...

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Lahore Chamber of Commerce Hails Shanghai Conference as Economic Catalyst for Pakistan

Lahore: The Lahore Chamber of Commerce and Industry (LCCI) has declared the upcoming Shanghai Conference an essential economic booster for Pakistan, highlighting its potential to attract significant foreign investment and enhance the country's global e...

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