Business News

Karachi: BankIslami, a major player in the country's Islamic banking sector, announced a Profit Before Tax (PBT) of PKR 5.49 billion for the first quarter ending March 31, 2025. Demonstrating a robust start to the year, the bank reported a 6.3% increa...

Karachi: Amaan Pracha, Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), emphasized the importance of boosting Pakistani exports to bring in essential foreign exchange. He urged Prime Minister Shahbaz Sharif and F...

KARACHI: Pakistan Chemicals and Dyes Merchants Association (PCDMA) has put forward a set of budget recommendations to the Federal Board of Revenue (FBR) aimed at alleviating the compliance burden on taxpayers and fostering trust between the business s...

Karachi: The Association of Chartered Certified Accountants (ACCA) has taken steps to strengthen Pakistan's business landscape through a strategic partnership with the Overseas Investors Chamber of Commerce and Industry (OICCI). During her visit to Pa...

Karachi: Pakistan's Consumer Price Index (CPI) is projected to drop to 0.3% in April 2025, marking the lowest level in over six decades. The decline is largely attributed to a significant decrease in food inflation, which is anticipated to see a year-...

Karachi: Engro Fertilizers Limited (EFERT) has announced a substantial decline in its financial performance for the first quarter of the calendar year 2025, with consolidated earnings dropping by 63% year-over-year. The company reported earnings of PK...

Karachi: Exchange rates for the U.S. dollar, euro, British pound, Japanese yen, United Arab Emirates dirham, and Saudi riyal experienced minor fluctuations on April 22, 2025, according to the Exchange Companies Association of Pakistan. The U.S. dol...