Pakistan’s Services Exports Jump Nearly 17% in FY26, Led by IT and Telecom Growth
Pakistan’s exports of services recorded strong growth during the first five months of fiscal year 2025–26, rising by 16.77 percent to $3.833 billion between July and November, according to official data. The increase was mainly driven by higher earnings from information technology and telecom-related services. Data from the Pakistan Bureau of Statistics show that services […]
UBL Becomes Pakistan’s Largest Listed Company as Market Value Tops Rs. 1.28 Trillion
United Bank Limited (UBL) has become Pakistan’s largest listed company after its market capitalisation reached Rs. 1.28 trillion, or around $4.6 billion. This milestone allowed UBL to overtake Oil & Gas Development Company (OGDC), whose market value stood at Rs. 1.26 trillion, or about $4.53 billion. The strong performance was driven by a sharp rise […]
Punjab Sugar Season 2025–26 Starts Strong with Higher Output and Better Payments
Punjab’s sugar crushing season for 2025–26 has started on a positive note, showing strong production, improved recovery, and better payment flow to farmers. In the first 45 days of the season, 41 sugar mills across the province produced around 1.36 million tons of sugar after crushing 15.06 million tons of sugarcane. The recovery rate improved […]
Fauji Foundation Contributes Over PKR 1.6 Trillion in Taxes, Boosts Welfare Nationwide
Fauji Foundation has paid more than PKR 1.6 trillion in taxes over the past seven years, including PKR 325.7 billion in FY2024–25, highlighting its significant contribution to Pakistan’s economy. The foundation, known for its focus on social welfare, dedicates over 70% of its income to supporting retired soldiers, martyrs, and widows. Its initiatives ensure that […]
Government Moves to Install Smart Meters in Five Discos to Cut Power Losses
The federal government has decided to install Advanced Metering Infrastructure (AMI) in five power Distribution Companies (Discos) as part of efforts to modernise Pakistan’s electricity distribution system and reduce heavy financial losses. According to sources close to the Managing Director of the Private Power and Infrastructure Board (PPIB), losses caused by transmission and distribution (T&D) […]
Samsung Shares Climb as Chip Shortage Boosts Profits but Pressures Smartphones
Samsung Electronics’ shares rose 7.5% on Monday as the company prepares to report a strong increase in profit for the fourth quarter later this week. The expected rise in earnings is mainly driven by the global shortage of memory chips, which has benefited Samsung’s semiconductor business. The worldwide shortage has pushed up memory chip prices, […]
KP Government Denies Pressure in Swat Serena Hotel Closure, Cites Lease Dispute
A PTI leader in Khyber Pakhtunkhwa has denied allegations of political pressure behind the closure of the Swat Serena Hotel, saying the hotel shut down voluntarily after refusing to accept a proposed increase in its annual lease. According to the source, Akhtar Khan, a PTI Member of the Provincial Assembly (MPA) from Swat rejected claims […]
Premier Sugar Mills Reports Higher Annual Loss Despite Sales Growth
Premier Sugar Mills & Distillery Company Limited has reported a wider loss for the financial year ended September 30, 2025, despite a strong increase in sales. The company announced the results after its board approved the financial statements on Monday. According to the report, Premier Sugar Mills posted a loss after taxation of Rs. 589.94 […]