SBP reserves increased by US$ 118 million
The total liquid foreign reserves held by the country stood at US$ 15,482.6 million as of 02-May-2025. The break-up of the foreign reserves position is as under: Foreign reserves held…
Pakistan’s Army and Air chiefs are India’s biggest fears
Business leader and former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr. Shahid Rasheed Butt, said on Thursday that Pakistan's Army and Air Force, commanded by their…
realme unveils 10,000mAh GT7 Concept Phone
realme has always been committed to exploring new technological innovations in battery life. This time, the brand introduces the 10,000mAh concept phone, which aims to solve users' daily battery anxiety.…
Urgent reforms needed as Thalassemia becomes a silent epidemic in Pakistan
Thalassemia has become a silent epidemic in Pakistan, with an estimated 100,000 children suffering from thalassemia major—a preventable but life-threatening blood disorder. Each year, 5,000 to 9,000 children are born…
Business Community rallies behind Pakistan’s Defense in the wake of unprovoked Indian attacks
The entire leadership of the Karachi Chamber of Commerce & Industry (KCCI), all seven industrial town associations, sector-specific associations and prominent business leaders expressed complete solidarity and unwavering support for…
Pakistan’s defensive strategy triumphs over Indian aggression
Business leader and former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr. Shahid Rasheed Butt, stated on Wednesday that India faced humiliation in its cowardly attempt to…
KATI salutes the Pakistan army for a befitting response to Indian aggression
President of the Korangi Association of Trade and Industry (KATI), Junaid Naqi, has strongly condemned India's aggressive attack on Pakistan, which resulted in the martyrdom of 26 innocent civilians. Terming…
Tensions between India and Pakistan and their impact on the stock market: Experts
Tensions between India and Pakistan escalated on the night of May 6 into the morning of May 7, as India carried out airstrikes in various locations across Pakistan. In retaliation,…
EcoStar launches Prince Series ACs featuring genuine T3 technology
Many consumers remain unaware of what real T3 air conditioning technology truly means — and how rare it is to find in the market. With the launch of its new…
PTA stands by the army for national integrity.
In response to the cowardly attempt by the Indian Army to violate the territorial integrity of Pakistan late last night, the Pakistan Army defended our national sovereignty with courage and…
Cybernet and Nokia redefine Pakistan’s network landscape with a 1.2T-per-lambda backbone
Today, Nokia announced that Cybernet, Pakistan’s leading fiber broadband provider, has chosen Nokia’s cutting-edge optical transport solution for its new long-haul optical fiber cable (OFC) network. This next-generation infrastructure will…
Indian response is not a surprise; it likely priced in already at PSX
Today, the Pakistan Stock Exchange (PSX) saw a big fall of over 5000 points in opening. India had struck several locations inside Pakistan in response to the April 22nd terrorist…
HCSTSI has termed the MP announced by the SBP, as a cautious yet positive step
President Hyderabad Chamber of Small Traders & Small Industry (HCSTSI), Muhammad Saleem Memon, has termed the Monetary Policy announced by the State Bank of Pakistan on May 5, 2025, as…
Tax amendments threaten investments, undermine business confidence, Chairman PVMA
Sheikh Umer Rehan, Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), has strongly condemned the recent amendments made to the Income Tax Law 2025 via presidential ordinance, calling it a…
Petroleum Institute of Pakistan Executive Learning Centre (PIP-ELC)
The PIP Executive Learning Centre (ELC) serves the oil and gas industry by offering capacity-building programs in both technical and non-technical domains. These training programs are delivered through physical and…
Chairman OGDCL Zafar Masud’s Book ‘Seat 1C’ Launched in Islamabad
Chairman of Oil and Gas Development Company Limited (OGDCL) Zafar Masud's book titled "Seat 1C: A Survivor’s Tale of Hope, Resilience, and Renewal" was launched on Tuesday at a well-attended ceremony hosted…
LAS receives 2025 community champion award from Street Law, Inc.
Street Law, Inc., awarded the Legal Aid Society of Pakistan (LAS) the 2025 Community Champion Award at its annual Awards Gala, held in Washington, D.C., on April 30, 2025. LAS…
Survitec has announced a significant expansion of its Fujairah service station
Survitec, a global leader in Survival Technology, has announced a significant expansion of its Fujairah service station, underscoring its commitment to scaling operations across the Middle East. The move, which adds 1,350…
Rafiq Suleman, appreciated the SBP’s decision to cut the interest rate by one percent
Former Chairman of the Rice Exporters Association of Pakistan (REAP) and Convener of the FPCCI Standing Committee on Energy, Rafiq Suleman, appreciated the State Bank of Pakistan’s decision to cut…
Bank Alfalah launches its hiring and remote working app, Worklee
Bank Alfalah launched the country's first human resources hiring and remote working app, Worklee. The application is designed to create diversified, inclusive and accessible employment opportunities for all segments of…
Pakistan Cement saw Apr’25 dispatches improve amid low base
Cement dispatches for Apr’25 clocked in at 3.34mn tons, an increase of 13%YoY, driven by 8%YoY surge in local offtakes, while exports increased by 35%YoY. We believe MRPs in the…
Traders denounce amended tax laws as oppressive : Shahid Rasheed Butt
Business leader and former President of the Islamabad Chamber of Commerce and Industry (ICCI), Dr. Shahid Rasheed Butt, on Tuesday strongly criticized the recent changes in tax laws, stating that…
SBP delivers larger-than-expected rate cut to 11% as headline inflation bottoms out
*This analysis was produced by S&P Global Market Intelligence, not S&P Global Ratings, which is a separately managed division of S&P Global. Please attribute any commentary/data you cite from this…
Amendment tax ordinance undermines sanctity of court decisions: Faisal Moiz Khan
The president of the North Karachi Association of Trade and Industry (NKATI), Faisal Moiz Khan, has rejected the recently enacted Tax Laws (Amendment) Ordinance 2025, stating that it was issued…
Lucky Cement eyes growth with renewables and diversified investments
Lucky Cement (LUCK), Pakistan’s leading cement producer, shared key developments at the Pakistan Cement Conference 2025, hosted by Topline Securities. Speaking at the event, CFO Atif Kaludi highlighted the group’s…
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