Karachi: The earnings estimates for Pakistan’s cement sector have been revised downward by an average of 15-20% for the fiscal years 2026 and 2027, according to JS Global. The adjustment reflects a challenging macroeconomic environment, compounded by …
KARACHI: Mian Zahid Hussain, President of Pakistan Businessmen and Intellectuals Forum (PBIF) and other notable business positions, has endorsed the government’s newly introduced “Fixed Tax Asaan Scheme” for traders, declaring it a significant step to…
KARACHI: Malik Khuda Bakhsh, Convener of the Standing Committee on Energy of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has warned that gas leaks pose significant risks, leading to potential accidents that endanger lives and…
Karachi: Sales for Oil Marketing Companies (OMCs) have decreased for the second month in a row, with a notable year-on-year drop of 23% in May 2026, totaling 1.17 million tons. The figures show a decline across key products, with Motor Spirit (MS) vol…
Lahore: Adeel Munawar, the Commercial Ambassador for the Pakistan China Joint Chamber of Commerce and Industry (PCJCCI), has outlined solarization, clean energy investment, and industrial cooperation as key areas for the evolving Pakistan-China collab…
Karachi: Pakistan’s Oil Marketing Companies (OMCs) faced a significant downturn in sales for May 2026, with figures falling by 23% compared to the same month the previous year and 14% from the previous month. This decline comes amid rising fuel prices…