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KARACHI: The SITE Association of Industry (SAI) has praised Prime Minister Shehbaz Sharif's decision to eliminate the 0.25 percent Export Development Surcharge (EDS), calling it a strategic move expected to strengthen the national export sector. This ...
Read More »Unity Foods Reports Robust Profit Growth Amid Slight Revenue Decline
KARACHI: Unity Foods Limited (UNITY) offered insights into its financial performance and future strategy during a corporate briefing held on Thursday. The company reported a profit after tax (PAT) of Rs1.6 billion for the fiscal year 2025, translating...
Read More »AGP’s Strong Growth Signals Positive Outlook for 2025
Karachi: AGP has reported a solid financial performance with a 15% year-on-year increase in topline growth for the first nine months of calendar year 2025, driven by strategic price adjustments and resilient volume growth. This trend is expected to co...
Read More »Bank Alfalah Introduces Alfa Business to Enhance Merchant Digital Payments
Karachi: Bank Alfalah has announced the launch of 'Alfa Business - Merchants Payment Solutions,' a new initiative aimed at advancing the digitization of commerce across Pakistan. This program is designed to help merchants transition from cash transact...
Read More »Unemployment Surge Prompts Call for Industrial Revival
Karachi: The latest findings from the Pakistan Bureau of Statistics reveal a significant rise in unemployment, prompting calls for immediate industrialization to address the job deficit. The Labour Force Survey 2024-25 reports an increase in unemploym...
Read More »DG Khan Cement Eyes Expansion Amid Growing Local Demand
Lahore: DG Khan Cement (DGKC) held its fiscal year 2025 analyst briefing, projecting a promising outlook with anticipated double-digit growth in local demand by fiscal year 2026, driven by recovery from recent flood disruptions. The company, while und...
Read More »Bestway Group and UBL Contribute Rs 550 Million to LUMS
LAHORE: The Lahore University of Management Sciences (LUMS) has received a significant financial boost with a combined donation of Rs 550 million from Bestway Group and United Bank Limited (UBL). The contribution supports LUMS' mission to provide high...
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