Lahore: The Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has commended Punjab's latest initiative, which introduces smart plastic vending machines as a climate-conscious venture that incentivizes plastic recycling. Nazir Hussain, Pre...
Read More »State Bank of Pakistan Reports Overnight Repo Activities
Karachi: The State Bank of Pakistan has released figures detailing overnight repo and reverse repo transactions conducted on July 3, 2025. The report outlines the participation of financial institutions in these monetary facilities, indicating a balan...
Read More »Pakistan’s Financial Institutions Set New Lending and Borrowing Limits
Karachi: In a recent update from the State Bank of Pakistan, new financial ceilings and floors have been established for lending and borrowing among the country's financial institutions. These changes are slated to take effect on July 3, 2025. The u...
Read More »Manufacturing Sector in Pakistan Faces Slowdown as New Orders Decline
Karachi: Pakistan's manufacturing sector experienced a notable deceleration in June, with the HBL Manufacturing Purchasing Managers' Index (PMI) dropping to a 10-month low of 50.5, compared to 51.1 in May. This decline signals a significant slowdown i...
Read More »Cement Demand Projected to Surge Amid Construction Revival
Karachi: Cement demand in Pakistan is set to increase in the fiscal year 2026, spurred by a government push in public sector development programs and a revival in the construction industry, according to a report by AKD Securities Limited. This follows...
Read More »Gas and Petroleum Price Hike Threatens Pakistan’s Export Growth
Karachi: The Vice President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Amaan Pracha, has raised concerns over the government's recent increase in gas and petroleum prices, warning that it will adversely affect the country...
Read More »Gul Ahmed Textiles Shifts Focus Amid Rising Costs and Sustainability Goals
Karachi: Gul Ahmed Textiles Mills Ltd. (GATM) convened an analyst briefing to reveal its financial performance for the first nine months of fiscal year 2025 and outline its strategic objectives moving forward. The company reported a 13.3% increase in ...
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