Business News

Lahore: Descon Oxychem Ltd (DOL) convened its analyst briefing to present its FY25 financial results, revealing a significant surge in earnings and production. The company announced earnings of PkR860.2 million, translating to earnings per share (E...

KARACHI: DIG Traffic Police Karachi, Peer Muhammad Shah, has defended the implementation of the e-challan system amidst concerns over high fines, emphasizing the necessity of deterrence for fostering change. At a meeting with the Karachi Chamber of Co...

Karachi: In a move aimed at propelling Pakistan towards a cashless economy, the Capital Development Authority (CDA) in collaboration with Zindigi, powered by JS Bank, has launched the country's first Cashless Bazaar at the H-9 Sunday Market in Islamab...

Karachi: The State Bank of Pakistan released the latest weighted average customer exchange rates, revealing shifts in buying and selling rates for several major currencies. The figures indicate changes in the exchange rates of the UAE Dirham, Australi...

Islamabad: The suspension of trade between Pakistan and Afghanistan, which began on October 10 due to escalating border tensions, threatens to create significant economic repercussions for both nations if the situation remains unresolved through the e...

Karachi: Ghandhara Industries Ltd. (GHNI) announced a significant financial upturn for the fiscal year 2025 at its corporate briefing, citing a substantial increase in sales volume driven by axle load implementation. The company's topline soared to Pk...

LAHORE: The Bank of Punjab (BOP) announced several key financial adjustments and strategic targets during its recent corporate briefing. The bank's management reported a provision charge of Rs1.8 billion for September 2025, aligning with IFRS-9 standa...