Karachi: PVC-ethylene margins have surged to an 18-month high, reaching $376 per ton in February 2026, marking a 25% year-over-year increase from $287 per ton in the same period last year. This escalation in margins was primarily driven by a rise in P…
Karachi: D.G. Khan Cement (DGKC) announced its financial results for the second quarter of fiscal year 2026, reporting earnings that exceeded market expectations. The company recorded an unconsolidated profit of approximately Rs 3.69 billion, translat…
Karachi: Oil and Gas Development Company (OGDC) has reported a 16% year-on-year decline in earnings for the second quarter of fiscal year 2026, with earnings per share dropping to Rs8.07, in line with industry expectations. The company’s half-year ear…
Karachi: Meezan Bank, a leading Islamic bank in Pakistan, and Kazakhstan’s Bank CenterCredit have signed a Memorandum of Understanding to enhance correspondent banking relations and support the increasing bilateral trade between the two nations. The a…
Islamabad: Poverty levels in Pakistan have reached a concerning high, as noted by Shahid Rasheed Butt, a prominent business leader and former president of the Islamabad Chamber of Commerce. Despite signs of macroeconomic stability, including an improv…
KARACHI: Mian Zahid Hussain, President of the Pakistan Businessmen and Intellectuals Forum and several other business groups, highlighted the critical nature of the International Monetary Fund’s upcoming mission to Pakistan. According to Pakistan Busi…
Karachi: In a recent announcement, Mr. Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), expressed support for the Prime Minister of Pakistan’s digital transformation initiative to enhance trade faci…