Lahore: In a significant move, the Federal Board of Revenue (FBR) has suspended the controversial affidavit requirement for Chief Financial Officers (CFOs) following strong advocacy by the Lahore Chamber of Commerce and Industry (LCCI). The requirement…

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Karachi: The United Business Group (UBG) has extended its congratulations to the Government of Pakistan for the successful hosting of the Shanghai Cooperation Organization (SCO) summit in Islamabad, which saw participation from heads of state from seve…

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Karachi: In response to the escalating viral and epidemic diseases in Karachi and the broader Sindh region, the President of the Karachi Chamber of Commerce and Industry (KCCI), Muhammad Jawed Bilwani, has formally requested the Sindh Chief Minister,…

The post Karachi Chamber of Commerce Urges Expansion of Hospital Emergency Capacities Amid Disease Outbreaks appeared first on Pakistan Business News.

Lahore: Positioned strategically on Raiwind Road, Icon Valley Phase II emerges as a significant real estate development in Lahore, attracting residential and commercial investors with its advantageous location and flexible payment plans. This project …

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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…

The post Engro Fertilizer Reports Decline in Q3 Profits, Eyes Recovery Amid Market Challenges appeared first on Pakistan Business News.

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: DG Khan Cement Company Ltd (DGKC) and Attock Cement Pakistan Limited (ACPL) are poised to reveal their financial outcomes for the first quarter of FY25, exhibiting varied performances influenced by market retention and volume dynamics. DGKC i…

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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…

The post Air Link Communication Announces Robust FY24 Performance and New Manufacturing Initiatives appeared first on Pakistan Business News.

Islamabad: Leading companies in Pakistan’s exploration and production sector reported significant declines in profitability for the first quarter of FY25. Oil and Gas Development Company Ltd (OGDC), Pakistan Petroleum Ltd (PPL), Mari Petroleum Compa…

The post E and P Sector Faces Profit Declines in 1QFY25 Amid Production Challenges and Lower Oil Prices appeared first on Pakistan Business News.