The stock market failed to sustain its record gains on Wednesday, retreating into the red as profit-taking and concerns over the delayed privatisation of state-owned enterprises (SOEs) weighed on investor sentiment.
The KSE-100 index closed at 139,254.36, down 165.26 points or 0.12pc, after hitting an intraday high of 140,202.18 and...
Pakistan Telecommunication Company Limited (PTCL) and Al Baraka Bank Pakistan Limited have signed an agreement for the provision of primary Data Center colocation services at PTCL’s Tier-III Data Center facility. PTCL will provide Al Baraka Bank Pakistan Limited with a secure and reliable Data Center environment equipped with modern...
As countries around the world accelerate the shift away from internal combustion engine (ICE) vehicles, Pakistan is gradually aligning itself with global trends through policy direction and growing consumer interest in electric vehicles. The government’s New Energy Vehicle (NEV) policy, aimed at reducing carbon emissions and improving urban air...
Pakistan’s rice export sector has taken a major hit during fiscal year 2024-25 (FY25), witnessing a sharp 15% decline in overall export value.
According to the latest data released by the Pakistan Bureau of Statistics (PBS), rice exports dropped from $3.93 billion in FY24 to $3.36 billion in FY25—a fall...
China is reluctant to extend financing to Pakistan for energy projects due to concerns over the country's economic record, security situation and repayment issues.
Sources told The Express Tribune that Pakistani energy companies were seeking financing from China for various energy ventures. However, Sinosure – a state-owned Chinese company that...
The government said on Tuesday that the new buyer of the Pakistan International Airlines would require investing up to Rs70 billion in the loss-making airline over a period of five years but final investment needs would be assessed only after the audited accounts are available next month.
Privatisation Commission secretary...
Field Marshal Asim Munir has assured the business community of his full support in efforts to revive and strengthen Pakistan’s economy.
A delegation of top businessmen, led by Gohar Ijaz and including Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), met with the...
Sindh Chief Minister Syed Murad Ali Shah launched the Sindh Business One-Stop Shop (SBOSS) on Tuesday, a digital platform designed to streamline business registration and licensing processes across the province.
The launch ceremony, held at the CM House, was attended by Federal Minister for Investment Qaiser Shaikh, provincial ministers, secretaries,...
Pakistan’s foreign debt inflows surged to $12.4 billion in FY25, largely due to a last-minute $3.4bn commercial borrowing from foreign banks to meet an International Monetary Fund (IMF) benchmark, according to the Economic Affairs Division (EAD) report released on Tuesday.
The EAD data showed that almost 43pc of the total...
Pakistan’s trade deficit with nine neighbouring countries expanded by 29.42 per cent in FY25, rising to $12.297 billion compared to $9.502bn in the preceding year.
Exports registered notable growth to Bangladesh, Afghanistan, and Sri Lanka, largely attributed to recent shifts in the regional political landscape. However, trade relations with these...
