Pakistan’s logistics sector is set to receive a major boost with the approval of a new off-dock terminal at Hawksbay, Karachi. The facility will be operated by International Cargo Terminals Pakistan (ICT), a subsidiary of Denmark-based Scan-Group A/S, and is expected to improve the efficiency of cargo handling and trade operations. The new terminal has […]

Concerns have been raised about the commission structure of a major food delivery platform, Foodpanda, as home-based chefs report that a significant portion of their earnings is being deducted from each order. According to reports, some home cooks may be charged up to 30 percent commission on every sale, depending on their agreement with the […]

Pakistan’s cement industry faced a major setback in May 2026 as total cement dispatches dropped by more than 21% compared to the same month last year. According to data released by the All Pakistan Cement Manufacturers Association (APCMA), total cement sales stood at 3.84 million tons, reflecting weaker demand in both local and export markets. […]

Pakistan’s sugar industry has called on the government to allow the export of surplus sugar, saying that local production has exceeded domestic consumption and large stocks are continuing to accumulate across the country. Industry representatives believe that exporting excess sugar would help prevent storage problems and reduce financial pressure on sugar mills. They argue that […]

Systems Limited delivered an impressive financial performance in the first quarter of the year, recording a 21 percent increase in profit compared to the same period last year. The growth was supported by rising revenues, efficient cost management, and continued demand for digital and technology-based solutions. The company benefited from its strong presence in both […]

Oil and Gas Development Company Limited (OGDCL) has received another major payment under the government’s circular debt reduction programme, marking progress in efforts to ease financial pressure in Pakistan’s energy sector. According to information shared with the Pakistan Stock Exchange, the company received ₨. 7.725 billion as its eleventh monthly interest payment from Power Holding […]

Tariq Corporation Limited has announced plans to raise more than ₨315 million through a right issue of ordinary shares, aiming to improve working capital and support future business operations. The decision was approved by the company’s Board of Directors during a meeting held on May 25, 2026. Under the plan, existing shareholders will be offered […]

Pakistan and China moved closer on economic cooperation after companies from both countries signed agreements and memorandums of understanding worth more than $7 billion during the Pakistan-China Business-to-Business Investment Conference held in Hangzhou. During the event, Prime Minister Shehbaz Sharif encouraged Chinese businesses to expand operations in Pakistan through industrial relocation and partnerships with local […]