Pakistan’s economic model is highly flawed
Business leader and former president of the Islamabad Chamber of Commerce and Industry (ICCI), Dr. Shahid Rasheed Butt, on Friday said that Pakistan’s economic model is highly flawed. He said…
PCDMA urges SBP to cut policy rate to single digit as inflation drops
Salim Valimuhammad, Chairman of the Pakistan Chemicals & Dyes Merchants Association (PCDMA), has urged the State Bank of Pakistan Governor to reduce the policy rate to a single digit, citing…
OICCI hosts Federal Planning Minister Ahsan Iqbal for economic policy dialogue
The Federal Minister for Planning, Development, and Special Initiatives, Mr. Ahsan Iqbal, visited the Overseas Investors Chamber of Commerce and Industry (OICCI) for an interactive session with foreign investors and business leaders.…
Yadea Pakistan launches four New EV Models, Unveils Price and Details of GT 30
Yadea, the global No.1 leader in electric two-wheelers for eight consecutive years with over 100 million units sold worldwide, has made a significant announcement in Pakistan. At an exclusive launch…
Pakistan saw Oil and gas production decline by 10% and 7% YoY, respectively, in 1HFY25
Pakistan's oil and gas production witnessed a decline of 10% and 7% YoY during 1HFY25. The contraction in hydrocarbon production comes from forced curtailments at Nashpa and the TAL block…
INX maritime service launched in Pakistan
The weekly maritime service will commence its operations globally on February 5th, with its first departure from the port city of Karachi. Speaking as the chief guest Vice Admiral Faisal…
MPS Preview – CY25’s first call, expect a 100bps fall
We believe a 100bps rate cut is imminent in the next scheduled monetary policy meeting on 27th Jan’25 (the first MPC meeting of CY25). This could lower the policy rate…
Pakistan OMCs – 2QFY25 Result previews: Strong diesel sales to power OMC profits
We expect the IMS OMC universe (PSO and APL) to report 2QFY25f NPAT of PKR11.9bn, rising 87% sequentially. The substantial increase is primarily led by the absence of inventory losses…
Jazz Collaborates with DeafTawk to launch deaf-inclusive communication solutions
Jazz, Pakistan's leading digital operator, has signed a Memorandum of Understanding (MoU) with DeafTawk, a global leader in accessible communication solutions. The collaboration aims to promote inclusivity and enhance accessibility…
Reduce withholding tax, abolish FED for revival of construction industry: KATI
Junaid Naqi, president of the Korangi Association of Trade and Industry (KATI), has proposed key measures to revive the housing sector. He states that the government's immediate implementation of these…
PTCL Group and PPAF celebrate empowerment and success through Ba-Ikhtiar Project
PTCL Group, in collaboration with the Pakistan Poverty Alleviation Fund (PPAF), hosted an inspiring event to celebrate the remarkable achievements of women entrepreneurs empowered through the Ba-Ikhtiar Project under the…
Political Workers demanded intra-party democracy
Political Workers demanded intra-party democracy, a truth and reconciliation commission, and a national commission for democracy to address the country's present political polarization. Islamabad. A session to promote and strengthen…
Visa and Meezan Bank Partner unveil the Pakistan’s first student Debit Card
Visa (NYSE: V), a world leader in digital payments, today announced a partnership with Meezan Bank, the country’s leading Islamic bank, to unveil a unique proposition designed to empower the…
The new PCDMA Conference Hall, inaugurated
The Pakistan Chemical & Dyes Merchants Association’s Supreme Council leaders, including Nasser Hayat Magoon, Chaudhary M. Naseer, and Chairman Salim Valimuhammad, inaugurated the new PCDMA Conference Hall. Vice Chairman Sharique…
Chairman WAPDA visits Mangla Dam
Chairman WAPDA Eng Lt Gen Sajjad Ghani (Retd) visited the Mangla Dam Organization and its various components, including the main dam, Jari Dam Powerhouse. During the visit, the WAPDA Chairman…
Electricity tariffs should be fixed on a regional basis: Mian Zahid Hussain
The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals Forum, the President of All Karachi Industrial Alliance, the Chairman of the FPCCI Advisory Board,…
There was also a sharp deterioration in the Employment Index
Facing a highly uncertain year ahead, amid a new U.S. administration, heightened geopolitical tensions, and various domestic economic and political challenges, the latest ACCA (the Association of Chartered Certified Accountants) and IMA®…
Faceless assessment significantly reduces GD clearance to 18 hours: Chief Collector
Chief Collector of Customs Appraisement (South), Muhammad Jamil Nasir Khan has said that the recently launched Faceless Customs Assessment (FCA) System has significantly improved the efficiency of customs operations, reducing…
Honda Atlas Car Pakistan announced its good 3QMY25 result today
Honda Atlas Car Pakistan (HCAR) announced its 3QMY25 result today, where the company recorded a profit of Rs566mn (EPS of Rs3.97), up 3.95x YoY and 2.2x QoQ. The result came…
44% Discounted electricity for electric vehicles, Malik Khuda Bakhsh
Malik Khuda Bakhsh, Convener of the Energy Standing Committee of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), founding Vice Chairman of the Pakistan Petroleum Dealers Association (PPDA),…
A group photo of the wedding ceremony of Dr Zarbab
The recent wedding ceremony of Dr Zarbab, daughter of esteemed journalist Masood Ahmad Siddiqui, was a beautiful event that celebrated a union filled with love and joy. On the occasion…
PECO approves Five Years of stalled annual accounts revealing losses of PKR 1.2 billion
The Board of Directors of Pakistan Engineering Company Limited (PECO), a public-listed company, has taken a decisive step toward revival by approving five years of delayed financial accounts to be…
KCCI PHMA call for business, trade & export friendly policies to drive economic growth
The Karachi Chamber of Commerce & Industry (KCCI) and the Pakistan Hosiery Manufacturers Association (PHMA) have urged the government to develop a pro-business Strategic Trade Policy Framework (STPF) and Textile…
Salaried class facing inflation and falling income
Business leader and former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr. Shahid Rasheed Butt, said on Tuesday that the salaried class is facing continuous inflation and…
Revolutionizing learning-OxfordAQA leads the Charge in Education Innovation
The OxfordAQA School Leaders’ Conference, held in the capital city, brought together a diverse group of educational leaders, policymakers, and academic experts from in and around the city. Leveraging Islamabad’s…
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