Karachi: Pakistan’s oil marketing companies reported a 6% year-on-year increase in sales for December 2025, reaching 1.35 million tons, according to recent industry data. However, sales saw a 5% month-on-month decline, attributed to a nationwide strik…
Karachi: Pakistan Telecommunication Company Limited (PTCL) has announced a substantial capital injection of PKR 15 billion, approximately USD 53 million, into its subsidiary, U Microfinance Bank Limited. This move is set to bolster the bank’s growth a…
Karachi: Mian Zahid Hussain, a prominent figure in Pakistan’s business community, has underscored the significance of the Ministry of Finance’s recent “Monthly Economic Update and Outlook” for December 2025, viewing it as an indication of fiscal stabi…
KARACHI: Businessmen Panel Progressive (BMPP) Secretary General and former Vice President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), Khurram Ejaz, has voiced concerns over the Federal Board of Revenue’s (FBR) move t…
Karachi: The HBL Pakistan Manufacturing PMI, as compiled by S&P Global, rose to 52.8 in December, up from 52.3 in November. This marks the highest level since February, indicating a solid increase in production and stronger demand, with ne…
Karachi: Urea sales in Pakistan reached an unprecedented peak in December 2025, with figures hitting 1,356,000 tons. This marks a 65% increase from the previous month and a 37% rise compared to the same period last year. The surge is attributed to inc…