Business

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Pakistani Currency Rates Show Slight Variation Across Major Currencies

Karachi: The latest currency exchange rates issued by the Exchange Companies Association of Pakistan show minor fluctuations in the buying and selling prices for major currencies such as the USD, Euro, and GBP between October 16 and 17, 2024.

Accord...

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Rehan Javed Appointed as KATI Representative in Karachi Chamber to Address Energy Challenges

Karachi: Rehan Javed has been appointed as the representative of the Korangi Association of Trade and Industry (KATI) in the Karachi Chamber of Commerce, a move aimed at addressing the pressing energy issues faced by the city's traders. Javed's appoin...

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Baluchistan Glass Ltd. Reports FY24 Losses and Operational Challenges

Karachi: Baluchistan Glass Ltd. (BGL) faced significant financial challenges in FY24, reporting a loss of PKR 508 million, a sharp increase from the previous year's PKR 135 million. The losses were primarily attributed to an extended eleven-month shut...

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LCCI Criticizes FBR for Disruptive Raids on Lahore’s Industrial Units

Lahore: The Lahore Chamber of Commerce and Industry (LCCI) has publicly condemned the Federal Board of Revenue's (FBR) recent raids on local industrial units, criticizing the actions for causing significant disruptions and fostering a climate of fear a...

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KCCI President Calls for Deferral of Affidavit Requirement in Sales Tax Returns

Karachi: The President of the Karachi Chamber of Commerce and Industry (KCCI), Muhammad Jawed Bilwani, has requested the Federal Board of Revenue (FBR) to reconsider its requirement for submitting affidavits with sales tax returns. He highlighted the...

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Lahore Chamber of Commerce Hails Shanghai Conference as Economic Catalyst for Pakistan

Lahore: The Lahore Chamber of Commerce and Industry (LCCI) has declared the upcoming Shanghai Conference an essential economic booster for Pakistan, highlighting its potential to attract significant foreign investment and enhance the country's global e...

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