Karachi: The SITE Association of Industries (SAI) has issued a strong critique of Pakistan's telecom operators and internet service providers, citing persistent network problems that they argue are hindering business activities. Industrialists from...
Read More »Pakistan Showcases Robust Beauty Industry at Dubai Exhibition
KARACHI: Pakistan has made a significant impact at the Beautyworld Middle East 2025, showcasing 40 exhibitors at the World Trade Center in Dubai, and marking a milestone in the country's beauty industry. With over 75,000 visitors and 2,500 exhibitor...
Read More »Nishat Mills Limited Receives Preliminary Debt Rating from PACRA
Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has assigned a preliminary debt instrument rating to Nishat Mills Limited (NML) for its PKR 7 billion privately placed term sukuk (PPSTS). NML, a major player in Pakistan's textile sector and t...
Read More »Fauji Cement’s Earnings Rise Amidst Lower Margins
Islamabad: Fauji Cement Company Limited (FCCL) reported a 2% increase in earnings for the first quarter of fiscal year 2026, but the results fell short of expectations due to declining gross margins. The company announced earnings of Rs3.29 billion, t...
Read More »State Bank’s Rate Decision Faces Backlash From Industry Leader
KARACHI: The State Bank of Pakistan's recent decision to maintain the policy interest rate at 11 percent has drawn criticism from Muhammad Ikram Rajput, President of the Korangi Association of Trade and Industry (KATI). The rate, unchanged for the fou...
Read More »Mobile Phone Manufacturing in Pakistan Sees Significant Growth
Karachi: The Pakistan Telecommunication Authority (PTA) reported a notable increase in local mobile phone manufacturing and assembly, with 3.01 million units produced in September 2025. This marks a 40% year-over-year and 55% month-over-month growth. ...
Read More »DG Khan Cement, Kohat Cement, and Pioneer Cement Release Earnings Projections
Karachi: DG Khan Cement Ltd (DGKC), Kohat Cement Ltd (KOHC), and Pioneer Cement Ltd (PIOC) have announced their earnings projections for the first quarter of the fiscal year 2026, highlighting varied financial outcomes for the companies. DG Khan Cem...
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