General Business News

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Indonesia-Pakistan Trade Needs Boost, Says Consul General in Karachi

Karachi, In an effort to bolster the languishing trade relations between Pakistan and Indonesia, Consul General Dr. John Kankoro emphasized the necessity for concrete steps to enhance bilateral trade during his visit to the Korangi Association of Trade...

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PCJCCI Outlines Plan to Revitalize Peach Industry in Swat

Lahore, The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has outlined a strategy to boost the peach industry in Swat, with a focus on integrating tourism and technology to improve production and sales. The chamber's president, Moazzam...

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MCB Bank Announces 90% Interim Dividend for First Quarter

Karachi, MCB Bank Limited has declared a significant first interim cash dividend for the first quarter of the year, reflecting a robust start to 2024.According to MCB Bank Limited, the Board of Directors, led by Chairman Mian Mohammad Mansha, met on Ap...

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NEPRA Approves K-Electric’s $2 Billion Investment Plan Through 2030

Karachi, The National Electric Power Regulatory Authority (NEPRA) has approved K-Electric’s ambitious seven-year investment plan, which outlines significant upgrades to the utility's transmission and distribution systems through FY 2030. This strategic...

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Prime Minister Shehbaz Sharif Takes Immediate Action on Karachi Business Community Concerns

Karachi, In a decisive meeting with the Karachi Chamber of Commerce and Industry (KCCI), Prime Minister Shehbaz Sharif directed Federal Ministers and Secretaries to engage in further discussions to address the pressing issues presented by the busines...

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HBL Reports 40% Rise in Q1 Profits, Boosts Digital and SME Initiatives

Karachi, Habib Bank Limited (HBL) today announced a robust start to the year with a 40% increase in its first-quarter profit before tax, reaching Rs 30.1 billion. The bank's net profit after tax also rose to Rs 15.0 billion from Rs 13.3 billion in the ...

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Iranian President’s Visit to Karachi Expected to Bolster Pakistan-Iran Trade Relations

Karachi, The arrival of Iranian President Ebrahim Raisi for a three-day visit to Pakistan is set to strengthen bilateral trade and economic relations, as announced by the leaders of the United Business Group (UBG). Accompanied by a substantial business...

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