Philip Morris (Pakistan) Limited (the Company) has released its financial results for the September 30, 2023 quarter, showcasing the impact of economic challenges and industry dynamics on its financial performance.…
Nishat Power Limited (NPL) announced its 1QFY24 financial result today where the company posted a profit after tax (PAT) of PKR 1,457mn (EPS: PKR 4.12), up by 55% YoY compared…
National Resources Limited (NRL) has received an exploration lease for minerals in Chagai district, Balochistan. NRL, which is a subsidiary of YB Pakistan Limited, Reliance Commodities (Pvt.) Limited and Liberty…
Power generation went up by 3.6% YoY (-16.4% MoM) to 13,339 GWh (18,527 MW) during Sep'23, compared to 12,878 GWh (17,886 MW) during Sep'22. During 1QFY24 power generation was also…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Monday that the business…
SSGC Alternate Energy (Pvt.) Limited (SSGC-AE) and Pakistan Machine Tool Factory (PMTF) have entered into a Memorandum-of-Understanding (MoU) meant to unlock the potential of "Green Molecules" Renewable Natural Gas. As…
Pakistan recorded its Current Account Deficit (CAD) of US$8mn in Sep-2023 vs US$164mn in Aug-2023. This figure fell below market expectations, where a surplus was anticipated. This takes 1QFY24 CAD…
The quest to eradicate street crime in Karachi has taken center stage as Additional Inspector General (IG) of Karachi, Khadim Hussain Rind, outlined the city's top security concern during his…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Wednesday that due to…
Secretary, Excise, Taxation and Narcotics Department, Govt. of Sindh Atif Rehman has announced to set up a Helpdesk at SITE Association of Industry to facilitate member industries in the matters…
Chairman Businessmen Group (BMG) Zubair Motiwala and President Karachi Chamber of Commerce Industry (KCCI) Iftikhar Ahmed Sheikh, while appreciating the Caretaker Prime Minister Anwarul Haq Kakar's government for announcing substantial…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Monday that the big…
In an interactive session with member companies of the Overseas Investors Chamber of Commerce & Industries (OICCI), the Security & Exchange Commission of Pakistan's (SECP) Chairman Akif Saeed stressed the…
FPCCI's presidential candidate, Atif Ikram Sheikh, welcomed the steady decline in the US dollar on Sunday, terming it highly satisfactory for the masses and the business community. This daily decline…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Friday that the speed…
Central Depository Company (CDC) in partnership with SECP and leading AMCs and brokerage houses of Pakistan have organized a 3-day long event in Karachi to create awareness amongst the potential…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Wednesday that anti-smuggling operations…
In continuation of its commitment to deliver the highest quality of services, Dawlance – the technology-leading enterprise in Pakistan's Home-Appliances industry, has now inaugurated its 400th Touch Point at its…
President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh, while welcoming the federal government's willingness to provide cheaper electricity to industries on an incremental consumption basis for four…
In a bid to protect the rights of both employees and industrialists and to address the rising concerns of labor union misconduct, Faraz-ur-Rehman, the President of the Korangi Association of…
FPCCI's presidential candidate, Atif Ikram Sheikh, said on Monday that the government's efforts continuously strengthen the rupee against the dollar, which is a great achievement. Due to the government's initiatives,…
• International oil prices have declined significantly during the last week amid demand concerns, stronger USD, inflationary pressure, and increasing supplies. The prices of WTI, Brent, and Arablight dropped by…
FPCCI's presidential candidate, Atif Ikram Sheikh, said on Friday that Pakistan needs a charter of economy so that all political forces can focus on economic recovery. He noted that financial…
The Karachi Chamber of Commerce & Industry (KCCI) and National University of Technology (NUTECH) inked a Memorandum of Understanding (MoU) wherein both institutions have mutually agreed upon principles for establishment…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain said on Wednesday that Pakistan has become…
