Despite steep increases in commodity costs due to soaring inflation, and the rapid, unprecedented devaluation of the Pakistani Rupee, FrieslandCampina Engro Pakistan Limited (FCEPL) registered a Profit After Tax (PAT)…
President of Korangi Association of Trade and Industry (KATI) Salman Aslam has expressed reservations over the imposition of new taxes of 38 billion rupees by a Presidential Ordinance. Whereas, instead…
We initiate coverage on Citi Pharma Limited (CPHL), Pakistan's largest and only listed manufacturer of Active Pharmaceutical Ingredient (API), with a 'Buy' rating and June-2023 Target Price of Rs47/share, offering…
Special Assistant to the Prime Minister on Youth Affairs/ Minister of State Ms. Shaza Fatima Khawaja has said that the government decided to revive several initiatives launched in 2013 by the then Prime…
Chairman Businessmen Group (BMG) Zubair Motiwala and President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Idrees, while highly appreciating the Prime Minister for taking notice of public and business…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said imposing a five percent tax…
On this world Humanitarian Day, In the light of destructions caused by the impact of Climate Change, Pakistan Humanitarian Forum (PHF) stressed on the dire need to focus on climate…
The Karachi Chamber of Commerce & Industry (KCCI) and Alamgir Welfare Trust (AWT) Friday signed a Memorandum of Understanding (MoU) to join hands for carrying out relief activities in Monsoon…
China Pakistan Economic Corridor (CPEC) is the future of Pakistan, which will bring immense strategic benefits to Pakistan but a national consensus and political will is needed to move forward…
President of Korangi Association of Trade and Industry (KATI) Salman Aslam expressed his concern over Federal Minister of Finance Miftah Ismail's indication of a further increase in the prices of…
Leaders in Islamabad are instrumental in bringing new thoughts and significant perspectives always. They had invited Dr Miftah Ismail, Federal Minister for Finance and Revenue, and Sherry Rehman, Federal Minister…
Pakistan's leading large-scale engineering company, Descon Engineering Ltd. (DEL), records significantly high growth in revenues on the back of major projects in Domestic and Overseas geographies as per its FY…
Pakistan's economic recovery continued in H1-FY22, notes the Half Year Report for FY22 on the State of Pakistan's Economy, released by the State Bank of Pakistan (SBP) today. From the…
Standard Chartered Bank Pakistan Limited (SCBPL) in partnership with the British Deputy High Commission (BDHC), Karachi organised an event to celebrate 75 years of Pakistan's independence. The event was widely…
ACCA says that the draft standards from the International Sustainability Standards Board (ISSB) are urgently needed to provide a consistent global base line for companies reporting on sustainability-related financial information.…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance and former provincial minister Mian Zahid Hussain on Friday said the economy of a…
Huawei announced its business results for the first half of 2022 today. Overall performance was in line with forecast. In 2022 H1, Huawei generated $45 billion in revenue, with a…
Philip Morris (Pakistan) Limited (PMPKL) posted a Profit after Tax of PKR 1,533 million for the half year ended June 2022 showing a decline of 11% from the corresponding period…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance and former provincial minister Mian Zahid Hussain on Saturday said the surprising rupee stability is a…
Sindh Chief Secretary Dr. Muhammad Sohail Rajput during his visit to Karachi Chamber of Commerce and Industry (KCCI) informed the business community that, Sindh government has approved Rs. 2.5 billion…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance and former provincial minister Mian Zahid Hussain said the IMF loan is the key to other…
Zubair Motiwala; Chairman PAJCCI speaking at Focus Group Discussion arranged by Center for Research & Security Studies in collaboration with PAJCCI said "to achieve the trade potential and produce tangible…
· National CPI was recorded at 24.9% in Jul'22, driven by higher international oil prices and weakness in the currency. To recall, CPI rose by 21.3%YoY in Jun'22, taking FY22…
Pakistan is currently on the brink of economic collapse. With depleting foreign currency reserves, rising inflation, the exchange rate in free fall and irrationally high-interest rates, the country is headed…
Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said the main reason…
