General Business News

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SITE Association Urges Government to Focus on Reindustrialization in Budget Proposals

Karachi, The SITE Association of Industry (SAI), representing Pakistan's most substantial industrial sector, has formally submitted a series of budget proposals aimed at halting deindustrialization and promoting reindustrialization to boost economic gr...

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Nashpa Well-10 Sees Significant Production Increase Following Rigless Interventions

Karachi, The Oil and Gas Development Company Limited (OGDCL) has announced a significant increase in production at Nashpa Well-10, now reaching 1870 barrels per day (BPD) of oil, following successful optimization initiatives. The enhancement efforts, w...

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Fly Jinnah Announces New Islamabad to Bahrain Route, Expanding Its International Reach

Karachi, Fly Jinnah, Pakistan's low-cost carrier, is set to expand its international network by introducing non-stop flights from Islamabad to Bahrain starting June 13, 2024. The service will operate twice a week, marking the airline’s third internati...

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LDA Records Highest Revenue in Five Years from Property Auction

Lahore, The Lahore Development Authority (LDA) has successfully auctioned 25 properties, including residential and commercial plots, petrol pumps, and educational sites, generating a record revenue of PKR 1,114,995,922. This marks the highest income f...

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Meezan Bank Becomes Pakistan’s First to Achieve PCI 3DS Certification

Karachi, Meezan Bank has been certified by Risk Associates as Pakistan's first bank compliant with the Payment Card Industry Three Domain Secure (PCI 3DS) standard. This certification establishes Meezan Bank, a leading Islamic financial institution in...

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Meezan Bank Becomes Pakistan’s First to Achieve PCI 3DS Certification

Karachi, Meezan Bank has been certified by Risk Associates as Pakistan's first bank compliant with the Payment Card Industry Three Domain Secure (PCI 3DS) standard. This certification establishes Meezan Bank, a leading Islamic financial institution in...

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Large-Scale Manufacturing in city Sees 2% Growth in March, Marking Fourth Consecutive Month of Gains

Karachi, Large-scale manufacturing (LSM) has recorded a 2.0% year-over-year growth in March 2024, continuing its upward trend for the fourth consecutive month. However, the nine-month fiscal year 2024 (9MFY24) figures remained nearly flat with a margi...

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