Day 2 of LIIBS 2024 – Uniting Visionaries for Collaborative Growth
Islamabad: The vibrant atmosphere of collaboration and innovation continued to flourish on the second day of the highly anticipated 7th Edition of the LEADERS IN ISLAMABAD BUSINESS SUMMIT (LIIBS)....
View ArticleFederal Ministers/Secretaries directed to hold further discussions, PM to...
KARACHI: Prime Minister Shehbaz Sharif, after listening to the grievances highlighted by the Karachi Chamber, immediately directed all the relevant Federal Ministers and Secretaries to hold meeting...
View ArticleENGRO announces strong results for 1st Quarter 2024
Engro Corporation’s revenue from continued operations grew by 45% to PKR 104.3 bn versus PKR 72.1 bn in 2023, as per Q1 results announced on PSX. Consolidated PAT of Q1 stood at PKR 10.4 bn (EPS 10.66)...
View ArticlePakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 13,280.5 million as of 19-Apr-2024. The break-up of the foreign reserves position is as under: i) Foreign reserves held by the State...
View ArticleFPCCI Welcomes Direct Flights Between Islamic Republic of Pakistan and...
Karachi: Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI),has welcomed the launch of direct flights between the Islamic Republic of Pakistan and...
View ArticleSECP proposes amendments to General Takaful Accounting Regulations, 2019
ISLAMABAD: The Securities and Exchange Commission of Pakistan has proposed amendments to the General Takaful Accounting Regulations, 2019, allowing non-life insurers to present their complete takaful...
View ArticleCCP CAUTIONS CONSUMERS ABOUT MULTI-LEVEL MARKETING (MLM) AND PYRAMID SCHEMES
ISLAMABAD: The Competition Commission of Pakistan (CCP) has noticed with great concern that some businesses and individuals are making false and misleading offers of easy money and earning enormously...
View ArticleParticipation of 9 companies from Pakistan in Hem Textile Columbia 2024
KARACHI: The exhibition “Hamtextile Colombia 2024” which started from 23 April 2024 ended successfully on Thursday 25th April. 9 companies from Pakistan participated in “Hamtextile Colombia” which...
View ArticleNational Foods aims to reduce Pakistan’s Dependency on Imported Raw Materials
Lahore: National Foods Limited (NFL) has embarked on a remarkable journey of import substitution through project Seed To Table. By means of formal partnerships with progressive farm-managing companies,...
View ArticleinDrive Rozgar Initiative: Empowering Communities with Sustainable Livelihoods
Under this Program, inDrive and Hands Pakistan aims to establish 100 SMEs in Major Cities: Karachi, inDrive, a leading ride-hailing company, is proud to announce the launch of the inDrive Rozgar...
View ArticleInternational Packaging Films Limited intends to raise PKR 1.47 billion...
Karachi: International Packaging Films Limited intends to raise PKR 1.47 billion by issuing 70.1 million shares to the public representing 10.01% of its post-IPO paid-up capital at a Floor Price of PKR...
View ArticleAhsan Zafar Syed assumes the office President & CEO of Engro Corporation
Karachi: Ahsan Zafar Syed has assumed the office of President & CEO Engro Corporation, after the completion of Ghias Khan’s seven-year tenure at the Group. He began his journey with Engro in 1991...
View ArticleIndus Motor Braves Another Quarter as it Announces Financial Results
Karachi: Indus Motor Company (IMC) announced its financial results for the nine-month period ending March 31, 2024, that witnessed a 61% increase in profit after tax, to PKR 9.41 billion, compared to...
View ArticleCement Sector demands tax credits on track and trace investments
Karachi: The All Pakistan Cement Manufacturers’ Association (APCMA) welcomes the recent statement by the Honorable Prime Minister of Pakistan on the implementation of the track and trace system by the...
View ArticleMonetary Policy Statement
1. At its meeting today, the Monetary Policy Committee (MPC) decided to keep the policy rate unchanged at 22 percent. The Committee noted that the macroeconomic stabilization measures are contributing...
View ArticleSSGC removes more than 5,200 illegal gas connections
In a relentless effort to control the menace of gas theft, SSGC continued to conduct raids in its franchise areas. Theft Control team of Company’s Customer Relations Department conducted multiple raids...
View ArticleMoST to Forward CCP’s Proposal for Mandatory ‘Manufacturing/Expiry Dates’ on...
ISLAMABAD: The Ministry of Science and Technology has decided to send the Competition Commission of Pakistan’s (CCP) proposal of revision of national cement standards for disclosure of...
View ArticleWheat Support Price Subsidies Should Not Be Borne by People Atif Ikram Sheikh
Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has said that wheat support price should continue for the farmers as they need a support mechanism for the guaranteed sale of their crops. However, this...
View ArticlePakistan’s Liquid Foreign Reserves Position
The total liquid foreign reserves held by the country stood at US$ 13,316.0 million as of 26-Apr-2024. The break-up of the foreign reserves position is as under: i) Foreign reserves held by the State...
View ArticleMaritime Regulatory Body Needed Minister for Maritime Affairs Agrees to FPCCI...
Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has apprised that Mr. Qaiser Ahmed Sheikh, federal minister for maritime affairs, has in principle agreed to FPCCI’s demand that there should be a...
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