The Pakistan Stock Exchange extended its bullish momentum on Friday, with the benchmark KSE-100 index breaching yet another milestone to close at a record 134,300 — up 517 points or 0.39pc — on the back of broad-based buying and strong earnings announcements. Topline Securities attributed the gains to consistent inflows from mutual funds, as investors continue to shift from fixed-income to equ
Despite generating higher revenues, Pakistan Telecommunication Company Ltd (PTCL) — the only state-owned enterprise (SOE) managed by the private sector — continues to incur losses, raising concerns over its financial health and future strategy. According to the biannual performance report (July-December FY25) released by the Central Monitoring Unit (CMU) of the Ministry of Finance, PTCL posted
THE call for a nationwide strike on July 19 by leading trade associations against tax enforcement and compliance measures introduced in the FY26 budget highlights strong resistance from the trading class to become part of the documented economy and pay their due. The call is backed by major chambers of commerce and industry, as well as other leading trade bodies. For what it’s worth, the Federa
Emboldened by a marked improvement in key economic indicators, apart from GDP growth, the country’s leadership now signals a shift from crisis management toward transformative growth. Both Finance Minister Muhammad Aurangzeb and State Bank of Pakistan (SBP) Governor Jameel Ahmed have recently talked about the transformation of the Pakistani economy as their next goal. While macroeconomic indica
Pakistan is finalising its first-ever medium-term industrial policy through consultations with key ministries, regulatory bodies, local and international experts and private sector platforms. The policy aims to reverse the trend of deindustrialisation and raise the manufacturing sector’s share in the GDP from the current 18 per cent to 26pc by 2035. Notably, this target merely restores the leve