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Customs Warns KICT Over Container Backlog

Customs Warns of Legal Action Over Container Backlog at Karachi International Container Terminal

Karachi: Karachi International Container Terminal (KICT) is facing serious delays as more than 38,000 containers are still pending delivery. Customs authorities have issued a warning and may take legal action under the Customs Act, 1969. The Collectorate of Customs Appraisement West sent a notice to KICT CEO Naveed Qureshi, saying …

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Dawlance Wins Climate Action Award at 4th Pakistan Climate Conference

Dawlance Wins Climate Action Award at 4th Pakistan Climate Conference

Karachi, February 11, 2026: Dawlance, Pakistan’s leading home appliance manufacturer and a subsidiary of Beko Group, has received the Climate Action Award at the 4th Pakistan Climate Conference 2026 organized by the Overseas Investors Chamber of Commerce and Industry (OICCI). The award recognizes Dawlance’s efforts in promoting sustainable business practices, …

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Pakistan Capital Market Shifts to T+1 Settlement System

Pakistan Capital Market Shifts to T+1 Settlement System

Karachi, February 10, 2026: Pakistan’s capital market has successfully moved to the T+1 settlement cycle, a major step aimed at improving efficiency and reducing risk in stock market transactions. From February 9, 2026, all eligible trades at the Pakistan Stock Exchange (PSX) are now settled on a Trade plus one …

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