Islamabad: The Overseas Investors Chamber of Commerce and Industry (OICCI) has announced a significant upturn in business confidence in Pakistan, according to the results of its Business Confidence Index (BCI) Survey - Wave 27. Conducted in March and ...
Read More »Power Generation Sees Record 22% Growth in April 2025
Islamabad: Power generation in April 2025 reached a notable milestone, recording the highest year-on-year growth since April 2022, according to the National Electric Power Regulatory Authority (NEPRA). The data, released recently, showed that power ge...
Read More »Honda Atlas Cars Sees Profit Surge Amid Lower Steel Prices
Lahore: Honda Atlas Cars Pakistan Limited (HCAR) reported a significant rise in profit for the fourth quarter of the fiscal year MY25, as the company benefited from declining steel prices and increased sales volumes. The company announced a profit aft...
Read More »Pakistan China Joint Chamber Celebrates 74 Years of Diplomatic Relations
Lahore: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) hosted a significant event to commemorate the 74th anniversary of diplomatic ties between Pakistan and China at its Secretariat. Nazir Hussain, President of PCJCCI, remarked on...
Read More »Cement Sector in Pakistan Sees Significant Earnings Surge in 3QFY25
Karachi: The cement sector in Pakistan experienced a substantial increase in earnings during the third quarter of fiscal year 2025, according to a recent analysis of eight key companies. Earnings surged by 2.3 times year-on-year, primarily driven by a...
Read More »Samba Bank Limited Strengthens Position Despite Profit Dip, Maintains Credit Rating
Karachi: The Pakistan Credit Rating Agency (PACRA) has upheld the debt instrument rating of Samba Bank Limited, supported by its parent company, Saudi National Bank, the largest commercial bank in Saudi Arabia. Despite a decline in profit after tax an...
Read More »Pakistani Rupee Experiences Slight Fluctuation in Exchange Rates
Karachi: The Exchange Companies Association of Pakistan (ECAP) reported minor changes in the open market exchange rates on May 21, 2025. The State Bank of Pakistan released these figures, indicating a modest shift in the buying and selling prices of m...
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