News

Pakistani meat exporter commences operations at Karachi EPZ plant

The Organic Meat Company Limited (TOMCL) has announced the commencement of operations at its Karachi Export Processing Zone (KEPZA) facility from October 1, 2025. The listed meat exporter disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Wednesday. “TOMCL is pleased to announce that operations at its KEPZA facility will commence today, i.e., 1st October 2025, at

Intra-day update: rupee registers gain against US dollar

The Pakistani rupee posted further gain against the US dollar, appreciating 0.07% during the opening hours of trading in the inter-bank market on Wednesday. At 10:30am, the currency was hovering at 281.13, a gain of Re0.19 against the greenback. On Tuesday, the local unit closed at 281.32. Globally, the US dollar hovered near a one-week low versus major peers on Wednesday as the US govern

CCP approves PTCL’s acquisition of Telenor Pakistan, Orion Towers

Pakistan Telecommunication Company Limited (PTCL) on Wednesday announced that the Competition Commission of Pakistan (CCP) has approved its proposed acquisition of Telenor Pakistan BV and Orion Towers (Private) Limited. PTCL-Telenor merger: CCP to issue conditional approval “It is to notify that the CCP on October 1, 2025, has passed the Phase-II Order in relation to the pre-merger applicati

PSX hits new high on institutional buying

The Pakis­tan Stock Exchange (PSX) continued its record-setting streak for a third consecutive session on Monday, with the benchmark KSE 100 index soaring to an all-time high of 163,847 points, up 1,590 points or 0.98 per cent. The rally, which pushed the index closer to the 164,000 mark, was largely driven by aggressive local mutual fund buying and institutional inflows. According to Topline S

ADB says sustained reforms, disaster resilience key to Pakistan’s continued economic growth

Pakistan’s improved macroeconomic conditions have contributed to an uptick in growth in fiscal year 2025, underpinned by increased investment driven by continued policy reforms and economic stability, the Asian Development Bank (ADB) said in a report today. According to the Asian Development Outlook (ADO) September 2025, the ADB’s annual flagship economic publication, Pakistan’s growth is proje