Karachi: The KSE100 index experienced a significant surge, rising by 2,837.78 points to reach 178,123.56, marking a 1.62% increase. This growth was mirrored in the KSE30 index, which climbed by 842.62 points, or 1.61%, closing at 53,163.60. The Pakist…
Lahore: Daewoo Pakistan Express Bus Service Limited (DPEBSL) is set to issue a third rated, secured, privately placed short-term Sukuk worth PKR 4 billion, marking a strategic financial initiative. The instrument, secured by a ranking charge over the …
Karachi: Pakistan’s fertilizer industry is poised to experience a 20% year-over-year decline in profits for the second quarter of 2026, primarily due to reduced dividend income and lower offtakes, according to JS Global. The report highlights that whi…
Karachi: The Union of Small and Medium Enterprises (UNISAME) has submitted a proposal to Prime Minister Shehnaaz Sharif aimed at accelerating the growth of the small and medium enterprises (SME) sector in Pakistan. The proposal, spearheaded by UNISAME…
Karachi: Pakistan’s Oil Marketing Companies (OMC) sector is poised for a significant financial upswing, with full-year earnings projected to increase by 17% year-on-year by the end of fiscal year 2026. The positive outlook comes despite an anticipated…
KARACHI: Pakistan Customs’ Group-less Assessment Model is facing increasing scrutiny as concerns arise over its impact on trade facilitation, transparency, and clearance efficiency. Khurram Ijaz, Chairman of the FPCCI Advisory Council on Customs and f…