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 …
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April, 2026
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30 April
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 …
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29 April
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 …
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29 April
JS Bank Reports PKR 1.045 bn PAT for 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 …
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29 April
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 …
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29 April
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 …
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28 April
Exchange Companies to Receive Licenses Under Crypto Council; ECAP Pushes for Inclusion
Move seen as key step toward formalizing Pakistan’s digital asset ecosystem and boosting remittances KARACHI, April 28, 2026): The Exchange Companies Association of Pakistan (ECAP) has sought the inclusion of exchange companies under the licensing framework of the Pakistan Crypto Council, as part of broader efforts to formalize and expand …
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March, 2026
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10 March
ABHI Microfinance Bank and Knowledge Platform Partner to Expand Financial Access in the Education Sector
ABHI Microfinance Bank Limited has signed a Memorandum of Understanding (MoU) with Knowledge Platform (Private) Limited, an education technology company, to explore opportunities for expanding financial access and education-focused services for schools, teachers, parents, and students across Pakistan. The collaboration establishes a framework through which both organizations will work together …
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February, 2026
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18 February
FrieslandCampina Engro Pakistan Financial Results 2025: Profit Rises 22pc Despite Sales Tax Pressure
FrieslandCampina Engro Pakistan Limited (FCEPL) has announced its financial results for the year ended December 31, 2025.
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18 February
ABHI Microfinance Bank, TouchPoint Partner to Strengthen Banking Access Infrastructure
ABHI Microfinance Bank Limited has signed a Memorandum of Understanding (MoU) with TouchPoint (Private) Limited to explore the expansion and modernization of its banking access infrastructure, including ATMs, Cash Deposit Machines (CDMs), card printing systems, and other essential self-service technologies. The collaboration establishes a structured framework for both organizations to …
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