General Business News

Karachi, D.G. Khan Cement Company Limited (DGKC) today announced a robust set of financial results for the third quarter of fiscal year 2024, significantly exceeding market expectations. The company reported a profit after tax of PKR 1.2 billion, marki...

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Islamabad, After two months of subdued activity due to seasonal conditions, the cement industry in Pakistan reported a rebound in dispatches in March 2024. Total dispatches for the month reached 3.94 million tons, marking a 4% increase year-over-year a...

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Karachi, In an effort to combat mis-invoicing and promote trade accuracy, Pakistan Customs has introduced the Linking International Value (LIVE) System, which was presented during a session hosted by the Federation of Pakistan Chambers of Commerce and ...

The post FPCCI Endorses Pakistan Customs’ New LIVE System to Enhance Trade Accuracy and Control Mis-invoicing appeared first on Pakistan Business News.

Karachi, In a recent development to bolster economic relations, the Ambassador of Azerbaijan to Pakistan, Khazar Farhadov, emphasized the need for enhanced private sector involvement in the Azerbaijan-Pakistan Intergovernmental Joint Commission’s Joint...

The post Azerbaijan and Pakistan Enhance Economic Ties with Upgraded Joint Working Groups and Direct Flights appeared first on Pakistan Business News.

Karachi, The latest exchange rate data provided by the Exchange Companies Association of Pakistan shows slight fluctuations across major currencies in the local market over the past two days.

According to Exchange Companies Association of Pakistan, ...

The post Exchange Rates Experience Minor Fluctuations in Pakistan’s Currency Market appeared first on Pakistan Business News.

Karachi, Fly Jinnah, Pakistan's low-cost carrier, has introduced a new non-stop service connecting Islamabad with Muscat, starting on May 10, 2024. This new route marks the airline's third international route and includes two weekly flights, enhancing...

The post Fly Jinnah Launches Islamabad-Muscat Route, Expands International Service appeared first on Pakistan Business News.

Karachi, Starting January 1, 2024, Pakistani banks will begin reporting under the new International Financial Reporting Standard (IFRS) 9, a major shift from the current IAS 39 standards that govern financial instruments. This change, anticipated with...

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