Colgate-Palmolive (Pakistan) Limited (COLG) plans to acquire land, a manufacturing facility, and related assets at Port Qasim, Karachi, from Procter & Gamble (Pakistan) Limited. The listed FMCG disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Friday. “This is to inform you that the Board of Directors of Colgate-Palmolive (Pakistan) Limited has approved to negotia
Pak Suzuki Motor Company Limited, a subsidiary of Suzuki Motor Corporation in Pakistan, has introduced a biogas plant with a capacity of 100 cubic meters per day and a solar power generation system with an output capacity of 920kW at its manufacturing plant, and both facilities have commenced operation. The biogas plant and solar power generation facilities form part of Pak Suzuki’s initiatives
Buying interest returned at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining nearly 1,000 points during the opening minutes of trading on Thursday. At 9:35am, the benchmark index was hovering at 168,449.14, an increase of 998.01 points or 0.60%. Buying was observed in key sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration co
Preparations for the upcoming federal budget for fiscal year 2025-26 are underway, with the government reviewing key fiscal plans in coordination with the International Monetary Fund (IMF). Finance Minister Muhammad Aurangzeb, today briefed the visiting IMF Mission on Pakistan’s macroeconomic outlook, fiscal strategy, reform priorities, and the government’s ongoing efforts to ensure sustainable
Pakistan’s economy grew by 3.99% year-on-year in the third quarter of fiscal year 2025-26, with industry emerging as the key driver, according to data released by the National Accounts Committee (NAC) on Wednesday. The latest figures, compiled by the Pakistan Bureau of Statistics, overall GDP for Q1 and Q2 for FY 2025-26 have witnessed revised upward growth of 3.92% and 4.05%, as compared to 3.