Peshawar: The Defence Housing Authority Peshawar (DHAP) has announced new construction incentives for plot owners in Sector G and Prism, effective until December 31. This initiative aims to encourage prompt construction and enhance the overall develop…

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Karachi: Air Link Communication Ltd. (AIRLINK) showcased a significant rise in annual revenue to PkR130 billion for FY24, a substantial increase from the previous year’s PkR37 billion, attributed to the lifting of import restrictions. The company also…

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Karachi: The banking sector in Pakistan is expected to announce an increase in third-quarter profits for 2024, with estimates projecting a 3% year-on-year rise to PKR 94.4 billion. This increase is largely attributed to strong non-core income, which i…

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Karachi: Engro Fertilizer Limited (EFERT) has reported an 11% year-on-year decline in its profits for the third quarter of 2024, with significant impacts from lower sales volumes and increased financial charges. The company announced earnings of PkR 8…

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Karachi: The latest currency exchange rates issued by the Exchange Companies Association of Pakistan show minor fluctuations in the buying and selling prices for major currencies such as the USD, Euro, and GBP between October 16 and 17, 2024.

Accord…

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Lahore: The Lahore Chamber of Commerce and Industry (LCCI) has publicly condemned the Federal Board of Revenue’s (FBR) recent raids on local industrial units, criticizing the actions for causing significant disruptions and fostering a climate of fear a…

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Karachi: The President of the Karachi Chamber of Commerce and Industry (KCCI), Muhammad Jawed Bilwani, has requested the Federal Board of Revenue (FBR) to reconsider its requirement for submitting affidavits with sales tax returns. He highlighted the…

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Lahore: The Lahore Chamber of Commerce and Industry (LCCI) has declared the upcoming Shanghai Conference an essential economic booster for Pakistan, highlighting its potential to attract significant foreign investment and enhance the country’s global e…

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Karachi: The Korangi Association of Trade and Industry (KATI) has unveiled a new initiative, the ‘Charter of Karachi’, designed to enhance the city’s economic role by consolidating efforts from various stakeholders to support small and medium enterpris…