Select Technologies Limited (SELECT), a Pakistani manufacturer of smartphones and consumer appliances, has successfully completed its initial public offering (IPO), raising Rs3.02 billion after attracting strong demand from institutional and retail investors, the Pakistan Stock Exchange (PSX) said in a statement. The company offered 88.9 million ordinary shares, representing 10% of its post-iss
Industry leaders and policymakers have highlighted the importance of advanced energy storage technologies in enhancing Pakistan’s industrial competitiveness, ensuring energy security and supporting the transition towards a sustainable green economy. Speaking at the “Innovation Driving the Energy Future” Growatt Full-Scenario Storage Launch in Lahore, Federation of Pakistan Chambers of Commerce
The National Tariff Commission (NTC) has imposed definitive anti-dumping duties on imports of disodium carbonate (soda ash) from Türkiye and Kenya for a period of five years after concluding that dumped imports caused material injury to the domestic industry. According to an official notice issued by the Commission, the investigation was initiated on July 18, 2025, following an application file
The dollar steadied on Tuesday ahead of US inflation data, with Middle East tensions lifting oil prices while the yen held a soft tone amid caution over possible intervention and after policymakers’ comments on state pension fund allocations. The dollar index , which measures the greenback against a basket of currencies including the yen and the euro, eased 0.04% to 101.23. Inflation risks
Gold rose on Tuesday after hitting a two-week low earlier in the session, as markets awaited key US inflation data, with escalating US-Iran tensions driving oil prices higher and reinforcing expectations of further Federal Reserve rate hikes. Spot gold was up 0.3% at $4,013.93 per ounce by 0300 GMT, recovering from its lowest level since July 1. US gold futures for August delivery gained 0.4