News

Airlink Communication Limited officially launches Hisense in Pakistan, marking a new era for consumer electronics in the country

Airlink Communication Limited, Pakistan’s leading technology manufacturer and distributor, a public listed company with a market cap of more than 200 million, has formally launched Hisense in Pakistan, a landmark moment for the country’s consumer electronics industry and a vote of confidence in Pakistan’s growing stature as a regional technology manufacturing hub. Hisense is a global technology

SECP slaps Rs3.18m penalties on ‘non-compliant’ SOEs

The Securities and Exchange Commission of Pakistan (SECP) has concluded enforcement proceedings against 36 State-Owned Enterprises (SOEs), imposing monetary penalties totaling Rs 3.18 million through 46 adjudication orders, while issuing warning orders in 12 cases. In March 2026, the SECP issued 66 Show Cause Notices (SCNs) to 41 State-Owned Enterprises (SOEs) for non-compliance with statutory

Global airlines slash 2026 profit forecast on fuel shock from Iran war

The global airline industry nearly halved its 2026 profit forecast on Sunday, citing conflict in the Middle East that has driven up fuel costs, disrupted key air corridors and exposed the fragility of a sector operating on thin margins. The International Air Transport Association, which represents more than 370 airlines accounting for about 85% of global air traffic, said in its annual report t

Weekly Cotton Review: New crop season brings mixed price trends

Pakistan’s cotton sector is navigating a turbulent period as the new crop season brings mixed price trends, tightening supplies, and record-low cultivation figures that have collectively raised alarm across the textile industry. The overall trading activity in seed cotton has once again become restricted due to declining supply, compounding the challenges already facing one of the country’s most v

OPEC+ approves fourth oil output quota hike since Hormuz closure

OPEC+ agreed on Sunday a fourth increase in its oil output targets in as many months, even though the US war with Iran is still preventing several of the group’s members from pumping more. The war has cut oil flows via the Strait of Hormuz, creating the world’s biggest-ever supply crisis as key OPEC+ members including Saudi Arabia have been unable to supply customers in full since the end of Fe