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 …
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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 …
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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, …
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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 …
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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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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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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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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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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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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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