TimeLine Layout

April, 2026

  • 30 April

    Pakistan may raise petrol prices up to Rs 100 as global crude hits 4-year high

    Pakistan may raise petrol prices as global crude hits 4-year high

    Islamabad: The government of Pakistan is likely to increase petroleum prices by up to Rs100 in the upcoming review, as global crude oil prices surged to a four-year high amid rising geopolitical tensions. International oil markets witnessed a sharp rally after Brent crude prices climbed on concerns that escalating US-Iran …

    Read More »
  • 30 April

    Murree Brewery set to begin exports, invites global distribution partners

    Murree Brewery set to begin exports, invites global distribution partners

    ISLAMABAD, April 30, 2026: Murree Brewery, Pakistan’s oldest and leading beverage manufacturer, has announced plans to begin exports and has invited applications from distributors to support its international expansion in both alcoholic and non-alcoholic product segments. The company has called for distribution partners for the export of alcohol and non-alcohol …

    Read More »
  • 30 April

    Govt Raises Rs114 Billion Through Hybrid Sukuk Auction

    Govt Raises Rs114 Billion Through Hybrid Sukuk Auction

    Karachi, April 30: The Government of Pakistan on Wednesday raised Rs114.347 billion through the third auction of its Hybrid Sukuk, marking the second such issuance in the current month, amid strong investor demand for Shariah-compliant instruments. Meezan Bank Limited acted as the Lead Joint Financial Advisor (JFA) for the transaction, …

    Read More »
  • 30 April

    SBP eases housing finance rules, sets 15-day approval timeline

    SBP eases housing finance rules, sets 15-day approval timeline

    Karachi: The State Bank of Pakistan (SBP) has introduced additional facilitative measures under its housing finance program to improve access to loans and streamline the approval process for prospective borrowers. Under the revised framework, the central bank has capped the debt burden ratio at 65 percent, requiring that total monthly …

    Read More »
  • 30 April

    Pakistan meets 86% mobile phone demand through local manufacturing in 1Q2026

    Pakistan meets 86% mobile phone demand through local manufacturing in 1Q2026

    Karachi: Pakistan met 86 percent of its mobile phone demand through local manufacturing and assembly during the first quarter of 2026, reflecting the continued growth of the country’s domestic handset production ecosystem. According to the latest data released by the Pakistan Telecommunication Authority (PTA), local mobile phone companies manufactured or …

    Read More »
  • 30 April

    SIT Praises Federal Reforms, Crackdown on Illicit Tobacco

    SIT Praises Federal Reforms, Crackdown on Illicit Tobacco

    KARACHI, April 30, 2026: Stop Illegal Trade (SIT) has commended the enforcement efforts of the Federal Board of Revenue (FBR), which have yielded significant results over the past year. These include sealing illegal manufacturing units, seizing illicit cigarette stocks, and confiscating raw materials. Enforcement measures continue to dismantle the illicit …

    Read More »
  • 29 April

    Standard Chartered Pakistan delivers profit before tax of PKR 11.7 billion

    Standard Chartered Pakistan delivers profit before tax of PKR 11.7 billion

    Highlights: •           Profit before tax of PKR 11.7 billion •           Revenue of PKR 16.6 billion •           Strong growth in net advances up by 21% since the start of the year Pakistan, 29 April 2026 – Standard Chartered Bank Pakistan Limited (SCBPL) delivered a resilient financial performance with a Profit before tax of PKR 11.7 bn …

    Read More »
  • 29 April

    JS Bank Reports PKR 1.045 bn PAT for Q1 2026

    JS Bank Reports Profit After Tax of PKR 1.045 Billion Q1 2026

    Karachi, April 29, 2026: JS Bank Limited has announced its financial results for the quarter ended March 31, 2026, reporting a Profit before tax of PKR 2.175 billion and Profit after tax of PKR 1.045 billion, translating into Earnings Per Share (EPS) of PKR 0.51. JS Bank’s balance sheet showed …

    Read More »
  • 29 April

    Service Long March Tyres Gets PSX Nod for IPO to Raise Rs 7.8 Billion for Expansion

    Service Long March Tyres Gets PSX Nod for IPO to Raise Rs 7.8 Billion for Expansion

    Karachi, April 29, 2026: Service Long March Tyres Limited, one of Pakistan’s leading manufacturers of truck and bus radial tyres, has announced its Initial Public Offering (IPO) at the Pakistan Stock Exchange, marking a significant milestone as the company moves into its next phase of growth with entry into the …

    Read More »
  • 29 April

    Spotify Q1 Revenue Rises 14% to €4.5 Billion

    Spotify Q1 Revenue Rises 14% to €4.5 Billion

    Karachi, April 28, 2026: Spotify has reported a solid start to 2026, posting strong first-quarter earnings driven by growth in users, subscribers, and revenue, alongside continued improvements in profitability. The company said its performance reflects early momentum in what it calls its “Year of Raising Ambition,” with results meeting or …

    Read More »