Lucky Cement announces the consolidated earnings of PKR 26.53 billion for the nine months ended March 31, 2022. KARACHI ( Web News ) On a consolidated basis, Lucky Cement Limited reported the profit after tax to date of PKR 26.53 billion of which PKR 5.81 billion is attributable to non-controllingRead More →
ISLAMABAD ( Web News ) Women Chamber of Commerce and Industry (IWCCI) in collaboration with the management of GIGA Mall has set up 100 free shops for women entrepreneurs at the shopping mall for three months. Ms. Nilofar Bakhtiar, Chairperson of the National Commission on the Status of Women, hasRead More →
BEIJING ( Web News ) The Fourth Construction Co. Ltd (FCC) of China National Chemical Engineering Group Corporation (CNCEC) has signed an EPCF contract with with Daewoo Gas to set up a new LNG terminal in Pakistan. With a nameplate capacity of 2.5 million tons per annum (mtpa) of LNG,Read More →
Business Community expresses solidarity with Pakistani Armed Forces Islamabad ( Web News ) The business community in a meeting at Islamabad Chamber of Commerce & Industry (ICCI) expressed full solidarity with the Pakistan Armed Forces as their role was very vital in maintaining national sovereignty and protecting the borders fromRead More →
ISLAMABAD ( Web News ) Pakistan’s exports to the seven regional countries witnessed an increase of 23.50 percent in first three quarters of fiscal year (2021-22), as compared to the corresponding quarters of last year. The country’s exports to seven regional countries including Afghanistan, China, Bangladesh, Sri Lanka, India, NepalRead More →
ISLAMABAD ( Web News ) In order to optimize the tax collection and broaden the tax base, the government should re-introduce the fixed tax regime for the marble industry on the pattern of the Tier-2 retailers from whom the sales tax is charged through electricity bills. This was stated byRead More →
Coalition govt need to come up with economic reforms strategy: Dr. Hafeez Pasha ISLAMABAD ( Web News ) Dr. Hafeez A Pasha, former finance minister Pakistan, has said the agenda of comprehensive economic reforms strategy should be the top most priority for the new coalition government. It is for theRead More →
Shell Pakistan announces financial results for Q1 2022 KARACHI ( Web News ) The Board of Directors of Shell Pakistan Limited (SPL) announced the first quarter results for the company on 21st April. The company posted a profit after tax of PKR 2,079 million compared to the profit of PKRRead More →
Fertilizer industry to enable over USD 5.3 billion import substitution Fertilizer industry passing on PKR 900 billion benefit to farmers LAHORE ( Web News ) The local fertilizer Industry is providing urea at around 84% discount, equivalent to PKR 9,823 per bag, and is expected to enable import substitution ofRead More →
Development Partners Briefed on Pakistan Single Window ISLAMABAD ( Web News ) Pakistan Single Window (PSW) organized a donor’s meeting at the PSW Islamabad headquarters to brief them on the implementation of the Single Window system. The meeting was attended by officials from the United States Agency for International DevelopmentRead More →
Engro Corporation Q1 2022 Results KARACHI ( Web News ) Pakistan’s premier conglomerate, Engro Corporation (PSX: ENGRO) announced its financial results for the quarter ended March 31, 2022. Overview of Financial Performance During the first quarter, Engro Corporation’s standalone profitability exhibited a substantial growth of 92% and reached PKR 6.88Read More →
ISLAMABD ( Web News ) A business delegation of Kyrgyzstan led by Dzhunushaliev Aibek, Head of the Department for Controlling the Execution of Decisions of the President and the Cabinet of Ministers of the Presidential Administration of the Kyrgyz Republic visited Islamabad Chamber of Commerce & Industry (ICCI) to exploreRead More →