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...
Read More »PCDMA Pushes for Tax Reforms to Aid Businesses
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...
Read More »ACCA and OICCI Join Forces to Boost ESG and Corporate Governance in Pakistan
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...
Read More »Pakistan’s Inflation Rate Hits Historic Low, Sparks Interest Rate Speculations
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-...
Read More »Engro Fertilizers Reports Significant Earnings Drop Amid Lower Sales and Rising Costs
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...
Read More »Currency Exchange Rates See Slight Fluctuations Amid Market Stability
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...
Read More »Automotive Industry Sees Mixed Earnings Results as Sales Volumes Surge
Karachi: The automotive industry is witnessing a notable shift in earnings, with INDU expecting significant growth while HCAR faces a decline in profitability. INDU's anticipated earnings for the third quarter of the fiscal year 2025 are projected to ...
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