Sazgar Engineering Works Limited (PSX: SAZEW) produced 1,778 four-wheelers (off-road and passenger vehicles) in July 2026, with sales considerably lower at 663 units during the month. On the three-wheeler front, the company produced 3,037 units and sold 2,562 units in July 2026, with production outpacing sales, pointing to inventory build-up rather than a drawdown. Combined, the company prod
Pakistan will participate with eight exhibitors at Intertextile Shanghai Apparel Fabrics and Yarn Expo Autumn 2026, taking place from 25–27 August 2026 at the National Exhibition and Convention Center (NECC), Shanghai. As Asia’s leading textile sourcing platform, the co-located exhibitions will bring together global suppliers, manufacturers, buyers, and sourcing professionals to explore the lat
Oil prices rose on Tuesday as negotiations between the US and Iran over a peace deal and the reopening of the Strait of Hormuz hit an impasse, while Asian shares drifted on protracted uncertainty over the global inflation outlook. US President Donald Trump on Monday responded to Iran’s conditions for a peace deal with his own demands that Iran pay compensation for people killed in wars, attac
Bankware Global, a South Korean core-banking software and fintech company headquartered in Seoul, has secured a 7.98 billion won (PKR 1.57 billion) contract to build a system and supply software for the Pakistan Post Office Department. Bankware Global shared the development in a notice to the Korean Exchange on Tuesday. “The project contract runs between August 7, 2026, and March 6, 2028, an
The Board of Directors of The Bank of Punjab (BOP), at its meeting held on August 7, 2026, approved a proposal for an equity injection of up to Rs 30 billion by the Government of Punjab through the issuance of ordinary shares, otherwise than by way of a rights issue. The transaction remains subject to all applicable statutory, corporate, shareholder and regulatory approvals. The proposed capita