Karachi: Profitability within the AKD Cement Universe is expected to decline by 2% year-over-year in the second quarter of fiscal year 2026, driven mainly by a 6% decrease in domestic cement prices in the northern region of the country.
According to…
Karachi: The Karachi Interbank Offered Rate (KIBOR) rates have been released, showing consistent bid and offer rates across multiple tenors, according to the latest data. The rates, which serve as a benchmark for lending between banks, indicate stabil…
Lahore: Honda Atlas Cars Pakistan Ltd. (HCAR) announced its financial results for the third quarter of the fiscal year 2026, reporting a profit after tax (PAT) of PkR655 million, marking a 16% increase from the PkR566 million recorded in the same peri…
Karachi: The general public will have the opportunity to subscribe to the initial public offering (IPO) of Pak Qatar General Takaful Limited (PQGTL) starting January 28, after a strong response from institutional investors in the book-building phase. …
Islamabad: Business leader Shahid Rasheed Butt, former president of the Islamabad Chamber of Commerce, has criticized moves by the Power Division to subordinate the National Electric Power Regulatory Authority (Nepra) to ministerial control, highlight…
KARACHI: Commercial importers have voiced strong opposition to the State Bank of Pakistan’s recent decision to maintain the policy rate at 10.5 percent, expressing concerns that the move could exacerbate challenges faced by businesses and hinder econo…