Business News

Islamabad: The government's decision to shift tax policy control from the Federal Board of Revenue (FBR) to the Ministry of Finance has been met with widespread acclaim from the business sector, with many calling it a game-changing reform for Pakistan...

Islamabad: Bank Alfalah (BAFL) anticipates robust expansion in current accounts, exceeding 15% overall deposit growth, according to senior management presentations at the Pakistan Day Conference 2025 organized by Topline Securities. The bank foresees ...

Islamabad: Maple Leaf Cement (MLCF) projects a significant rise in cement demand for fiscal year 2026, revising its initial 2% growth forecast to 6-9%, according to insights shared at the Pakistan Day Conference 2025 organized by Topline Securities. M...

Islamabad: Zong, Pakistan's leading technology innovator, has partnered with Energy and Automation Pvt. Ltd. (ENA) to introduce cutting-edge, IoT-based smart energy management solutions. This move signifies Zong's expansion beyond conventional telec...

Islamabad: Mobilink Bank, a prominent digital microfinance institution in Pakistan, has successfully modernized its core banking system, migrating to the latest cloud-native Temenos platform (R23). This enhancement underscores the bank's dedication to...

Islamabad: Cherat Cement Company Ltd. (CHCC) posted a remarkable 116% year-on-year surge in its fourth-quarter profit for fiscal year 2025, reaching PkR1.8 billion (EPS: PkR9.51). This impressive performance surpassed the PkR854 million (EPS: PkR4.40)...

Islamabad: Meezan Bank Limited (MEBL) reported a 9% year-on-year decline in its standalone profit after tax, reaching Rs24.1 billion in the second quarter of 2025. This translates to earnings per share (EPS) of Rs13.4 for the quarter, bringing the fir...