News

Cement despatches post more than 7% growth in FY26

Cement despatches recorded a growth of 7.21% during the fiscal year ended June 30, 2026, with overall volumes rising to 50.515m tons compared to 47.116m tons during the last fiscal year, according to data released by the All Pakistan Cement Manufacturers Association (APCMA). Local sales increased from 37.906m tons during FY25 to 41.507m tons during FY26, showing a rise of 9.5%, said a press rel

SECP, PSX hold broker compliance webinar

The Securities and Exchange Commission of Pakistan (SECP), in partnership with the Pakistan Stock Exchange (PSX), organized a webinar aimed at reinforcing transparency, regulatory compliance, and market integrity within Pakistan’s capital market. The session, titled "Promoting Transparency and Market Integrity: Prudential and AML/CFT Compliances," formed part of the regulator’s broader efforts

Banks say shift in cost of remittances to burden them, dent profitability

Reacting to a government decision to have shifted its cost of bringing workers’ remittances over to banks in the country, Pakistan Banks Association (PBA) said on Saturday the move had placed an additional financial burden on the financial institutions that would dent their profitability. Banks in Pakistan have been directed to bear the cost of bringing the remittances with effect from July 1,

Trade with Kenya surpasses USD1bn mark

Pakistan and Kenya have achieved a historic milestone in their bilateral economic relations, with two-way trade surpassing the USD1 billion mark during the last fiscal year for the first time ever, reflecting growing commercial ties, stronger business engagement, and expanding market access between the two countries. According to official statistics Pakistan-Kenya bilateral trade has reached US