1 min read

PQFTL IPO soars on day one, oversubscribed amid strong investor demand

By Commerce Reporter KARACHI: The Initial Public Offering (IPO) of Pak-Qatar Family Takaful Limited (PQFTL) has gotten off to an impressive start, with the offering being oversubscribed on its very first day of book building. This strong response underscores investor confidence in the company’s future growth prospects. Shahid Ali Habib, CEO of Arif Habib Limited, […]

1 min read

KATI President discusses city’s law and order with AIG Odho

By Syed Uzair Karachi: AIG Karachi Javed Alam Odho and KATI President Muhammad Ikram Rajput, accompanied by UBG leaders Khalid Tawab, Hanif Gohar, Mazhar Nasir, Sheikh Umer Rehan, Israr Ahmed, and prominent industrialists, met to review Karachi’s evolving security situation and discuss the critical role of the Safe City Project in strengthening one of the […]

3 mins read

IMF assigns India a ‘C’ grade for GDP and National Accounts Data

AMID METHODOLOGICAL CONCERNS; UPGRADES PLANNED FOR 2026 By Imran Zakir KARACHI: The International Monetary Fund (IMF) has given India a ‘C’ grade—the second-lowest possible rating—specifically for its GDP and national accounts data, citing persistent methodological weaknesses that could hamper accurate economic surveillance and policy analysis. The assessment was disclosed in the IMF’s 2025 Article IV […]

2 mins read

Pakistan Green Taxonomy: SECP unveils updated ESG guidelines

PSMU Desk Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has announced the issuance of revised Environmental, Social, and Governance (ESG) Disclosure Guidelines for listed companies, reinforcing its commitment to sustainability reporting and supporting Pakistan’s transition to a greener economy. The updated guidelines, now available on the SECP’s official website, are aligned with Pakistan’s […]

4 mins read

Indonesia, Pakistan move toward CEPA: Dr. Syofian Ahmad

AS TRADE TIES GAIN NEW MOMENTUM By Commerce Reporter KARACHI: Economic Consul of the Indonesian Consulate General, Dr. Syofian Ahmad, while referring to the recently signed joint statement between the leadership of Indonesia and Pakistan, stated that this important development has created new momentum for both countries as they move toward transforming their existing arrangements […]

4 mins read

IMF imposes 11 new structural benchmarks on Pakistan

TOUGH REFORMS AHEAD PSMU Desk ISLAMABAD: The International Monetary Fund (IMF) has introduced 11 new structural benchmarks (SBs) for Pakistan, covering a range of critical reforms in tax policy, governance, the financial sector, and energy. These benchmarks are part of the ongoing Extended Fund Facility (EFF) arrangement and aim to strengthen Pakistan’s economic foundation. The […]

2 mins read

Pak-Qatar Family Takaful projects strong growth

SET TO REACH RS23 PER SHARE BY 2026 By Commerce Reporter Karachi: Pak-Qatar Family Takaful Limited (PQFTL) is projected to see its share price reach Rs23 by December 2026, highlighting strong growth prospects in Pakistan’s burgeoning takaful sector. Ismail Iqbal Securities Pvt Ltd has issued a ‘BUY’ recommendation on the company’s upcoming Initial Public Offering […]

2 mins read

Federal Reserve cuts interest rates for third consecutive time

AMID DIVIDED OPINIONS PSMU MONITORING DESK Washington: The Federal Reserve has implemented a third consecutive interest rate cut, lowering the benchmark federal funds rate to a range of 3.5%-3.75%, in a move aimed at stimulating the U.S. economy. The decision, however, was not without contention, with three dissenting votes on the Federal Open Market Committee […]

2 mins read

Pakistan showcases digital asset ambitions at Bitcoin MENA 2025 Conference

PSMU Monitoring Desk Dubai: Pakistan made a significant impact on the global digital asset stage at the Bitcoin MENA 2025 conference, where Bilal bin Saqib, Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA), presented the country’s ambitious plans for a structured and globally aligned digital asset ecosystem. Held in Dubai, the event attracted more […]