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Engro Fertilizers Q1CY25 Profit Falls 63% to Rs2.9 Billion

22-Apr-2025
Engro Fertilizers Limited (EFERT), a titan in Pakistan’s fertilizer industry, reported a staggering 63% plunge in profit after tax (PAT) for the first quarter ending March 31, 2025, dropping to Rs2....
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Engro Fertilizers Q1CY25 Profit Falls 63% to Rs2.9 Billion

IMF Urges Pakistan to Exclude Provincial Projects from Federal PSDP

22-Apr-2025
The International Monetary Fund (IMF) has issued a stern directive to Pakistan, demanding the exclusion of provincially mandated development projects from the federal Public Sector Development Program...
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IMF Urges Pakistan to Exclude Provincial Projects from Federal PSDP

Safepay Granted Full PSP License by State Bank of Pakistan

21-Apr-2025
The State Bank of Pakistan (SBP) has awarded Safepay, a leading fintech innovator in digital payments, a full commercial license to operate as a Payment Service Provider (PSP), marking a pivotal miles...
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Safepay Granted Full PSP License by State Bank of Pakistan

APTMA Urges Correction of Grid Transition Levy Discrepancies

21-Apr-2025
The All Pakistan Textile Mills Association (APTMA) has issued a forceful demand to the Power Division to correct inaccuracies in the Grid Transition Levy and align it with current electricity tariff r...
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APTMA Urges Correction of Grid Transition Levy Discrepancies

Pakistan’s CPI Expected to Fall Below 0.5% in April 2025

21-Apr-2025
Pakistan’s Consumer Price Index (CPI) for April 2025 is projected to hit a record low, dipping below 0.50% year-on-year (YoY), with inflation expected to range between 0.05% and 0.5% YoY and a -0.8%...
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Pakistan’s CPI Expected to Fall Below 0.5% in April 2025

Meezan Bank Reports 10.6% Profit Decline to Rs22.42 Billion in Q1CY25

21-Apr-2025
Meezan Bank Limited (PSX: MEBL), Pakistan’s leading Islamic bank, reported a consolidated after-tax profit of Rs22.42 billion for the quarter ending March 31, 2025, reflecting a 10.6% year-on-year d...
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Meezan Bank Reports 10.6% Profit Decline to Rs22.42 Billion in Q1CY25

FBR Extends Sales Tax and Federal Excise Return Deadline to April 25, 2025

19-Apr-2025
The Federal Board of Revenue (FBR) has declared a critical extension for the submission of Sales Tax and Federal Excise Returns for the March 2025 tax period, shifting the deadline to April 25, 2025. ...
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FBR Extends Sales Tax and Federal Excise Return Deadline to April 25, 2025

Tribunal Dismisses Karachi Nimco’s Appeal, Upholds Rs20M CCP Penalty

19-Apr-2025
The Competition Appellate Tribunal has firmly rejected an appeal by M/s Karachi Nimco, upholding a Rs20 million penalty imposed by the Competition Commission of Pakistan (CCP) for deceptive marketing ...
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Tribunal Dismisses Karachi Nimco’s Appeal, Upholds Rs20M CCP Penalty

PM Shehbaz Introduces FBR Performance Management System to Enhance Accountability

19-Apr-2025
Prime Minister Shehbaz Sharif has launched a groundbreaking Performance Management System for Federal Board of Revenue (FBR) officers, ushering in a new era of accountability and digitization to overh...
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PM Shehbaz Introduces FBR Performance Management System to Enhance Accountability

GO Urges Prime Minister to Assess Ogra Chairperson’s Leadership Amid Oil Sector Concerns

19-Apr-2025
Gas and Oil Pakistan Limited (GO), backed by a 40% stake from Saudi Aramco, has issued a urgent appeal to the Prime Minister to scrutinize the performance of Oil and Gas Regulatory Authority (Ogra) ch...
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GO Urges Prime Minister to Assess Ogra Chairperson’s Leadership Amid Oil Sector Concerns
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