Business News

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NADRA Partners with Bank of Punjab to Launch E-Payment Gateway for Enhanced Service Delivery

Islamabad: The National Database and Registration Authority (NADRA) has partnered with the Bank of Punjab (BOP) to launch an e-Payment Gateway and Acquiring Agreement, a significant move to boost digital payment infrastructure in Pakistan. This coll...

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Fatima Fertilizer Reports 18% Rise in Quarterly Profits Despite Sales Decline

Lahore: Fatima Fertilizer Company Ltd. (FATIMA) today announced its third quarter financial results for the year 2024, posting an 18% increase in consolidated earnings, despite a significant drop in sales volumes and revenues. The company recorded ear...

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Pakistan, Maldives Urged to Boost Low Trade Volume Amid Strategic Opportunities

Karachi: Pakistan’s High Commissioner to the Maldives, Faisal Rasul Lodhi, emphasized the need for expanding trade between Pakistan and the Maldives, currently valued at around $8 to $9 million, by tapping into new business opportunities and fostering ...

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LCCI and PITB Launch Job Portal to Enhance Employment Opportunities in Punjab

Lahore: The Lahore Chamber of Commerce and Industry (LCCI) and the Punjab Information Technology Board (PITB) have entered into a Memorandum of Understanding (MoU) to launch an advanced job-matching and recruitment platform. This initiative, hosted at ...

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Business Leader Malik Khuda Bakhsh Calls for 4-5% Interest Rate Cut to Boost Trade

Karachi: Malik Khuda Bakhsh, a core committee member of the United Business Group (UBG) and convener of the FPCCI Central Standing Committee, has appealed to Pakistan’s top leadership, including the Prime Minister, the Finance Minister, and the Governo...

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Tetra Pak and Lactalis Launch Innovative Recycled Packaging for Beverage Cartons

Lausanne: In a groundbreaking development for the beverage packaging industry, Tetra Pak and Lactalis have introduced a new carton package that incorporates certified recycled polymers derived from used beverage cartons. This initiative represents a s...

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Mughal Iron and Steel, Amreli Steels Projected to Show Weak Earnings in First Quarter

Islamabad: Mughal Iron and Steel Ltd. (MUGHAL) and Amreli Steels Limited (ASTL), two of Pakistan's prominent rebar manufacturers, are expected to report subdued earnings for the first quarter of fiscal year 2025. This forecast continues the trend of r...

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