HUBC – Strong FY26 performance
Hub Power Company Limited (HUBC) reported a FY26 PAT of PKR 56.3bn, a 9% YoY increase, with attributable PAT rising 8% YoY to PKR 49.6bn and EPS growing to PKR…
Hub Power Company Limited (HUBC) reported a FY26 PAT of PKR 56.3bn, a 9% YoY increase, with attributable PAT rising 8% YoY to PKR 49.6bn and EPS growing to PKR…
Malik Khuda Bakhsh, Chairman of the Pakistan Petroleum Dealers Association (PPDA), has voiced concerns about heavy demurrage charges on imported goods stuck at ports due to a strike by goods…
Pakistan’s external account narrowed during 1MFY27, with the current account (CA) recording a deficit of USD 328mn, compared with USD 814mn in 1MFY26. The improvement was primarily supported by a…
Muhammad Ikram Rajput, President of the Korangi Association of Trade and Industry (KATI), welcomed the Makkah Defence Pact between Pakistan, Saudi Arabia, and Türkiye, commending the leadership for the initiative.…
The Pakistan Petroleum Dealers Association (PPDA) has issued a 72-hour ultimatum to the government over its failure to fulfill promises made by the Petroleum Minister to resolve their issues. Speaking…
A nationwide strike by goods transporters has raised alarm over a potential disruption to industrial activity, as business leaders warn that continued disruption in raw material supplies could severely affect…
Zubair Tufail, President of the United Business Group (UBG), welcomed the joint defense agreement between Pakistan, Saudi Arabia, and Türkiye in Makkah Mukarramah. He described it as a significant step…
President of the SITE Association of Industry, Abdul Rehman Fudda, has urged the government to introduce immediate relief measures for the industrial sector, warning that rising production costs, expensive energy…
Faisal Moeez Khan, President of the North Karachi Association of Trade and Industry (NKATI), has supported the DG ISPR's call for a comprehensive national strategy to combat terrorism, emphasizing that…
The suspension of visa issuance by the United Arab Emirates (UAE) for Pakistani nationals has begun to take a heavy toll on Pakistan's exports and international trade engagement, according to…
S&P Global Ratings upgraded Pakistan's long-term sovereign credit rating to 'B' from 'B-' with a Stable Outlook, marking the first upgrade by S&P since 2016, when Pakistan was previously rated…
President Pakistan Businessmen and Intellectuals Forum & All Karachi Industrial Alliance, Chairman National Business Group Pakistan, Chairman FPCCI Policy Advisory Board and Former Provincial Minister Mian Zahid Hussain has said…
According to NEPRA, total power generation stood at 13,430 GWh in Jun'26, down 2.3% YoY but up 6.3% MoM as seasonal summer demand began to materialize. The annual decline was…
Pakistan's external account weakened during FY26 as the current account (CA) recorded a marginal deficit of USD 139mn, compared with a surplus of USD 1.84bn in FY25. The reversal was…
Zubair Tufail, President of the United Business Group (UBG), congratulated China on the 105th anniversary of the Communist Party and highlighted the 75-year diplomatic ties that have developed into a…
The Salt Manufacturers Association of Pakistan (SMAP) has appealed to Prime Minister Shehbaz Sharif to immediately reconsider the government's decision to introduce daily pricing of petroleum products, warning that the…
Founder Chairman of the Salt Manufacturers Association of Pakistan (SMAP), Ismail Suttar, has welcomed the Chief Minister of Punjab's Pink Salt Value Addition Financing Scheme, describing it as a landmark…
Khurram Ijaz, Chairman FPCCI Advisory Council on Customs and former Vice President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has called for an Independent Performance Evaluation…
President of the United Business Group (UBG), Zubair Tufail, has urged the federal and provincial governments to adopt fiscal austerity as a permanent element of national economic policy in order to…
The Pakistan Chemicals & Dyes Merchants Association (PCDMA) has raised concerns about the federal government's decision to allow manufacturers to sell up to 50% of imported raw materials in the…
Syed Aman Shah, Provincial President of Awaam Pakistan Party Balochistan, stated that Balochistan is currently going through a highly sensitive and critical period, in which the deteriorating law and order…
President FPCCI, Atif Ikram Sheikh, has welcomed Dr. Hashim Hussain, Head of the United Nations Industrial Development Organization – Investment and Technology Promotion Office (UNIDO-ITPO), Bahrain, to the Federation of…
Rafique Suleman, President of the Pakistan-Kenya Business Council, has expressed immense satisfaction and gratitude over the historic achievement of Pakistan-Kenya bilateral trade crossing the US$1 billion mark and reaching US$1.023…
Pakistan's electricity consumers continue to pay for years of mismanagement and stalled reforms in the power sector, said Khurram Ijaz, Secretary General of the Businessmen Panel Progressive (BMPP) and former…
President of the Korangi Association of Trade and Industry (KATI), Muhammad Ikram Rajput, has strongly condemned the terrorist attack on personnel of the Sindh Rangers, describing it as a cowardly…