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…

Nestlé Pakistan reported its financial results for the first half of the year, posting a revenue of PKR 80.4 billion, an increase of 22.2% compared to same period of last…

·         The Supreme Court finally announced its verdict in favor of Ch. Pervaiz Elahi yesterday, following which he was inducted as the CM Punjab. This came as the 10 PML(Q) votes,…

Pakistan Bureau of Statistics is expected to announce the CPI numbers on August 01, 2022, for July'22 wherein we expect CPI to settle at 24.5%YoY/4.0%MoM. The massive rise in Housing,…

Latest data released by PBS suggests that Large Scale Manufacturing Industries (LSMI) output has witnessed a decrease of 1.3% MoM during May'22. On YoY basis, LSMI showed improvement, increasing 21.4%…

President of Huawei's Carrier Business Group, and Dr. Philip Song, Huawei's Carrier BG Chief Marketing Officer, discussed the role of sustainable ICT infrastructure in helping operators systematically build green network…

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 Wednesday said the business community…

Mr Irfan Iqbal Sheikh, President of FPCCI, has maintained that the free-falling rupee has reached a point where it has become a threat to national security as LCs for petroleum…

Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said the business community was…

President of Korangi Association of Trade and Industry (KATI) Salman Aslam is concerned about the devalue of the dollar reaching the highest level in the history of the country, Fitch's…

As per the directive of Prime Minister of Pakistan Mr Shahbaz Sharif, the Ministry of Communications and National Highway Authority undertook immediate measures and established additional toll collection booths at…

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 Monday said the world is…