Records continued to tumble at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 700 points during the opening minutes of trading on Tuesday. At 10:05am, the benchmark index was hovering at 174,616.32, an increase of 719.98 points or 0.41%. Buying interest was observed in key sectors, including automobile assemblers, cement, commercial banks, fertilisers, oil a
Telecom service providers have criticised the government for linking the auction of 5G spectrum to the US dollar, arguing that this policy imposes a financial strain on the telecom industry and delays network rollout. Pricing spectrum in foreign currency and relying on heavy upfront payments places avoidable financial strain on the sector and slows network rollout. A pragmatic, long-term approa
Highlighting Pakistan's vast untapped maritime potential, Commander Logistics and Director General Naval Research & Development Institute (NRDI) Rear Admiral Muhammad Sohail Arshad has urged the business community to proactively seize opportunities across shipping, shipbuilding, offshore exploration, maritime technology, logistics and coastal infrastructure. Exchanging views at a meeting during
Pakistan's government raised a record amount of over Rs2 trillion through domestic Sukuk issuances in 2025, marking the highest annual volume since Islamic bonds were introduced in 2008 and highlighting the rapid deepening of the country's Islamic capital market. The milestone was underscored by Adviser to the Finance Minister Khurram Shehzad, who said in a post on X that the Ministry of Financ
It seems like Pakistan's so-called 'vibrant' textile sector is on its way towards a modest improvement in terms of earning export revenues for calendar year 2025; however, for 2026, a majority of textile pundits are sensing a declining trend due to tariff reshufflings and strategic shifts by global players, particularly the United States under Trump 2.0 and the People's Republic of China, as both