Business

Lahore, Imran Ameen, CEO of the Central Business District (CBD), attended a meeting chaired by Lahore Development Authority (LDA) Director General Tahir Farooq to discuss the LDA's restructuring, as reported by a news source. The meeting aimed to impro...

The post Central Business District to Help Lahore Development Authority Implement Corporate-Style Reforms appeared first on Pakistan Business News.

Islamabad, The Capital Development Authority (CDA) is seeking approval from the federal cabinet to construct two new five-star hotels in Sector F-5 of Islamabad. This initiative follows a meeting chaired by Prime Minister Shehbaz Sharif, where CDA subm...

The post CDA Proposes Construction of Two New Five-Star Hotels in Islamabad’s Sector F-5 appeared first on Pakistan Business News.

Karachi, Nestle Pakistan reported that its revenue for the three-month period ending March 31, 2024, rose to PKR 54.4 billion, marking a 9.7% increase compared to the same period last year. This growth can be attributed to broad-based expansion across ...

The post Nestle Pakistan’s Revenue Grows by 9.7% in First Quarter 2024 appeared first on Pakistan Business News.

New York, The consumer price index (CPI) for April 2024 is projected to rise to 17.6%, marking a 23-month low, and is expected to further expand the positive real interest rate (RIR) by an additional 310 basis points (bp).

According to JS Global, Th...

The post Inflation Rate Drops to 23-Month Low in April, Anticipates Central Bank Easing appeared first on Pakistan Business News.

Karachi, Bank Alfalah Limited announced a significant increase in its first-quarter profit, reaching Rs. 9.912 billion, as it continues to expand its market presence and innovate across its service offerings.

According to Bank Alfalah, the results a...

The post Bank Alfalah Reports Robust Growth with Rs. 9.912 Billion Profit in First Quarter of 2024 appeared first on Pakistan Business News.

Karachi, Cherat Cement Company Limited reported a significant decrease in its earnings for the third fiscal quarter of 2024, driven by contraction in gross margins and a decrease in sales volume.

According to AKD Securities Limited, Cherat Cement's ...

The post Cherat Cement Reports Decline in Quarterly Earnings Amid Cost Pressures appeared first on Pakistan Business News.

Karachi, Kohat Cement Company Limited and Cherat Cement Company Limited released their financial results for the third quarter of FY24 today, showing contrasting performances due to varying operational challenges.

According to AKD Securities Limited...

The post Kohat and Cherat Cement Face Mixed Third-Quarter Results Amidst Market Challenges appeared first on Pakistan Business News.