Bears took hold of the trading floor on Monday at the Pakistan Stock Exchange (PSX) as shares proceeded to decline 1,500 points. The benchmark KSE-100 index declined 1178.46, or 1.03 per cent, to stand at 113,077.26 points at 12:50am from the last close of 114,255.72 points. Finally, the index closed at 112,745.01, down by 1510.71 or 1.32pc, from the last close. While talking to Dawn.com,
Starlink’s satellite-based internet service has sparked discussions across Pakistan, raising both hopes and questions about its role in the country’s digital landscape. Its potential to address connectivity gaps in remote areas is undeniable, but its integration with existing networks — led by mobile network operators (MNOs) — will be key to realising a more connected Pakistan. Pakistan faces o
Pakistan’s economic and business landscape presents formidable challenges. The manufacturing sector, including large-scale industries and small and medium enterprises (SMEs), is struggling under the burden of high energy costs and excessive taxation. Meanwhile, the service sector is constrained by low per capita income and inadequate household disposable income. Amid these challenges, agriculture
With economic stability taking hold despite its fragility, all eyes are now on the first biannual review of the current $7 billion International Monetary Fund (IMF) funding programme. An IMF mission is expected to arrive here towards the end of this month or early March, according to Finance Minister Muhammad Aurangzeb; the lender is yet to confirm the dates. In response to a question at the
Globally, Pakistan is the 5th largest market in terms of absolute customer base, powered by a young demographic and a growing population. These numbers alone would outshine most developed countries, yet global brands and even local companies rarely choose Pakistan as their launchpad. The answer isn’t political, regional, or personal — it’s purely business. If the same amount of effort yields signi