Business
The Chairman of the Association of Builders and Developers have expressed concern over the increasing encroachments
Karachi, September 27, 2024: The Chairman of the Association of Builders and Developers (ABAD), Asif Samsam, and Senior Vice Chairman Ibrahim Habib have expressed concern over the increasing encroachments, the sudden rise in service charges and taxes on the sale, purchase, and transfer of plots, and the use of KDA residential plots in Clifton for…
Commerce Minister Chairs Inaugural IT & E-Commerce Sectoral Council Meeting
Federal Minister for Commerce Jam Kamal Khan chaired the first meeting of the IT & E-Commerce Council at the Ministry of Commerce, aimed at accelerating the growth of Pakistan’s IT and e-commerce sectors. Minister of State for IT and Telecommunication Shaza Fatima Khawaja joined the meeting virtually. During the session, Minister Jam Kamal Khan asked…
TOURISM IS AN INVISIBLE EXPORT AND ITS FOREIGN EXCHANGE EARNINGS
Karachi: 26 September 2024, The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) celebrated World Tourism Day 2024-25 at the FPCCI President Secretariat in Islamabad on September 25, 2024. The event featured prominent international guests, including H.E. Ms. Harerimana Fatou, Ambassador of Rwanda and High Commissioner-Designate of the Republic of Rwanda, Mr. Ito Takeshi,…
Interloop Limited (ILP): 4QFY24 EPS at Rs1.87 down 75% YoY and 14% QoQ – lower than industry expectations
Interloop Limited (ILP) announced its 4QFY24 result today, where the company recorded an unconsolidated earnings of Rs2.6bn (EPS of Rs1.87). This takes FY24 earnings to Rs15.8bn (EPS of Rs11.25) down 11% YoY as compared to FY23 profit of Rs20.2bn (EPS of Rs14.39). The earnings came lower than expectations for 4QFY24 due to lower than expected…
SITE ASSOCIATION ELECTS NEW OFFICE BEARERS FOR 2024-26
KARACHI: 26 Septmeber 2024, The Chairman of the Election Commission of the SITE Association of Industry (SAI), Muhammad Tariq Yousuf, has announced the unopposed election of Ahmed Azeem Alvi as President, Khalid Riaz as Senior Vice President, and Muhammad Riaz Dhedhi as Vice President for the 2024-26 term. These appointments were confirmed at the 60th…