Business
HBL Earnings Up 9% in 1Q2025
Staff Report Karachi: Habib Bank (HBL) has recorded consolidated earnings of Rs16.6bn (EPS of Rs11.3), up 9% YoY and 15% QoQ. It announced its 1Q2025 results…
Business
Business
CAT upholds Rs50 million fine on PVMA
Staff Report: The Competition Appellate Tribunal (CAT) has dismissed the appeal filed by the Pakistan Vanaspati Manufacturers Association (PVMA), thereby upholding the Competition Commission of Pakistan’s…
Business
Minister Signals to Cut Taxes on Food Items
Staff Report : The federal food minister has advocated to reduce taxes on food items to ease burden on consumers. The government’s priority is to reduce…
Business
Govt to Draft Bankruptcy Law to Attract Investors
Staff Report : The government has decided to draft the bankruptcy law to attract local and foreign investors. Mr. Haroon Akhtar Khan announced the formation of…
Business
Cement Cartel Appeals CAT to Annul Rs 6.3B Penalty
Staff Report: All Pakistan Cement Manufacturers Association (APCMA) has appealed the Competition Appellate Tribunal (CAT) to annul the Rs 6.35 billion penalty imposed by the Competition…
Business
FCCL Earnings Up 21% in 3QFY25
Staff Report: FCCL announced its 3QFY25 result on Thursday, where the company recorded earnings of Rs2.1bn (EPS of Rs0.87), up by 21% YoY. The result came…
Business
CCP Engages tech giants over unfair practices
Staff Report: The Competition Commission of Pakistan (CCP) has engaged with leading digital platforms—PakWheels and OLX Pakistan—to address emerging risks of anti-competitive practices and deceptive marketing…
Business
Govt Plans to Revise Sick Industrial Units
Staff Report:A high-level meeting of the committee on the revival of sick industrial units was held on Thursday under the directive of the Prime Minister of…
Business
No Tax Planned to Offset Rs1.5tr Gencos Revenue Hit
Staff Report: The government has no plan to impose any new tax or levy to recover a massive Rs 1.56 trillion being passed on to the…
Business
Aurangzeb invites Turkish investors to invest in Pakistan
ISLAMABAD: Finance Minister Muhammad Aurangzeb has urged Turkish investors and entrepreneurs to consider exploring investment prospects in Pakistan, especially in the dairy, cheese, and livestock industries.…
