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PSX Closing Bell: Red Sweeps the Board
The benchmark KSE-100 Index concluded Thursday’s trading session at 181,456.33, showing a decrease of 1,113.48 points or 0.61%. The index traded in a range of 2,933.91 points showing an intraday high of 183,717.53 (+1,147.72) and a low of 180,783.62 (-1,786.19) points. The total volume of the KSE-100 Index was 280.78 million shares. Of the 100 […]
1Link and Trustdecision unveil “enterprise fraud defense: Pakistan’s next chapter”
1LINK in collaboration with global anti-fraud and KYC technology leader TrustDecision, hosted a landmark industry event titled “Enterprise Fraud Defense: Pakistan’s Next Chapter”. The event brought together over 100+ senior leaders from industry including banks, payment service providers, and fintechs academia to discuss the future of fraud prevention and digital trust in Pakistan. The event […]
Verizon resolves telecom service outage that vexed US users
Verizon said it planned to provide account credits to people who experienced service interruptions US telecom giant Verizon said Wednesday it had resolved a widespread service disruption that impacted mobile phone customers in major cities across the US east coast for around 10 hours. “The outage has been resolved. If customers are still having an issue, […]
Spectrum auction could finally fix Pakistan’s internet woes, says Jazz chief
Six spectrum bands with a combined capacity of 600 megahertz will be auctioned Pakistan’s upcoming spectrum auction is a “once-in-a-decade opportunity” to transform internet quality for the public, said Aamir Ibrahim, chief executive officer (CEO) of Jazz, Pakistan’s leading digital operator and VEON’s leading operating company. His comments follow last week’s announcement by the Pakistan […]
Pakistan Customs enforces official bank rates, ends arbitrary shipping charges
Initiative expected to reduce cost pressures on traders, says FBREffectively ending the long-standing practice of arbitrary and excessive billing by international shipping lines, the customs achieved a historic and industry-wide breakthrough, ensuring the application of official bank exchange rates for shipping charges. The All-Pakistan Shipping Association (APSA), through a formal communication on 12 January 2026, […]
Gold price in Pakistan falls Rs3,700 per tola
Gold price in Pakistan decreased on Thursday, with 24-karat gold being sold at Rs482,462 per tola, down Rs3,700. Similarly, 24-karat gold per 10-gram was sold at Rs413,633 after a decline of Rs3,172, according to rates shared by the All-Pakistan Gems and Jewelers Sarafa Association (APGJSA). The price of 22-karat gold was also quoted lower at […]
Pakistan approves printing of new currency notes, cabinet forms design committee
Pakistan’s federal cabinet approves printing of new currency notes with enhanced security and inclusive designs, forms a committee to finalize designs reflecting history, environment The federal cabinet has approved the printing of new currency notes, with a committee formed to finalize their designs, officials said Wednesday. The briefing, presented by the Ministry of Finance, highlighted […]
Customs seizes over Rs412m vehicles, heavy bikes
These actions are part of the ongoing drive to curb smuggling, protect the national economy and ensure compliance with customs laws. The customs enforcement Islamabad seized smuggled NCP vehicles, heavy bikes and electronic goods worth Rs. 412.2 million. The Collectorate of Customs Enforcement, Islamabad, has seized a large consignment of smuggled and non-duty-paid goods, including […]
PSX plummets amid mounting Iran tensions
The Pakistan Stock Exchange (PSX) saw a brief rally before turning bearish, losing 69.29 points amid rising geopolitical tensions over potential US military action in Iran The Pakistan Stock Exchange (PSX) extended losses after recorded an increase for a brief period as investors seem cautious amid rising geopolitical tensions involving Iran. During intraday trading, the […]
EU Green Deal rules put textile exports at a crossroads
Compliance costs, CBAM, Chinese shipments put textile sector under pressure Pakistan’s textile sector has entered 2026 at a defining juncture, with its long-standing export model facing mounting pressure from tightening global regulations, intensifying competition and domestic cost constraints. After a modest recovery in 2025 that lifted textile exports to around $17.85 billion, industry leaders now […]
