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News
PAKOXY 1HCY26 profit surges 87%
18+ hour, 11+ min ago (340+ words) MG News | August 25, 2026 at 09:52 AM GMT+05:00 August 25, 2026 (MLN): Pakistan Oxygen Limited (PSX: PAKOXY) reported a strong 87% increase in its net profit for the half-year ended June 30, 2026 (1HCY26), reaching Rs1.68bn compared to Rs901.56m in the corresponding period last year. Reflecting this solid bottom-line expansion,…...
Pakistan, Kazakhstan reaffirm $1bn trade target, wider connectivity push
4+ day, 17+ hour ago (395+ words) MG News | August 21, 2026 at 11:01 AM GMT+05:00 August 21, 2026 (MLN): Pakistan and Kazakhstan have reaffirmed their commitment to achieving US$1bn in bilateral trade within two years, with both sides stressing the need to translate political goodwill from the recent elevation of ties…...
Tax changes reset Pakistan’s hybrid SUV pricing
6+ day, 18+ hour ago (617+ words) MG News | August 19, 2026 at 09:56 AM GMT+05:00 August 19, 2026 (MLN): Pakistan’s hybrid and plug-in hybrid vehicle market is entering a sharper phase of price competition after the latest sales tax changes pushed automakers to revise ex-factory prices, with Chery Master Pakistan emerging…...
Pakistan posts $328m current account deficit in July
1+ week, 10+ hour ago (797+ words) MG News | August 18, 2026 at 05:43 PM GMT+05:00 August 18, 2026 (MLN): Pakistan’s current account posted a deficit of $328 million in July 2026, marking a sharp deterioration from the $814 million deficit recorded in June, according to the latest balance of payments data released by the…...
Auto financing in Pakistan rises to Rs386bn in July
1+ week, 9+ hour ago (348+ words) MG News | August 18, 2026 at 06:12 PM GMT+05:00 August 18, 2026 (MLN): Automobile financing in Pakistan has increased to Rs386.29bn in July 2026, witnessing a rise of 1.2% MoM compared to Rs381.69bn recorded in June 2026, according to the latest data released by the central bank. On a year…...
MSCI snubs Biafo, bets on Air Link in frontier reshuffle
1+ week, 5+ day ago (389+ words) MG News | August 13, 2026 at 11:29 AM GMT+05:00 August 13, 2026 (MLN): Pakistan has seen a single change to its weighting in MSCI's frontier market universe in the index provider's latest semi-annual review, with Air Link Communication Limited earning a spot in the MSCI…...
Khurram Schehzad terms private sector the engine of growth
2+ week, 3+ day ago (478+ words) MG News | August 08, 2026 at 03:26 PM GMT+05:00 Advisor to the Finance Minister Khurram Schehzad made these remarks, while addressing the Future of Finance Summit 2026 organized by the Institute of Cost and Management Accountants of Pakistan (ICMA Pakistan) at the Pearl Continental…...
Pakistan, Iran eye new trade corridor to strengthen regional connectivity
2+ week, 5+ day ago (460+ words) MG News | August 06, 2026 at 10:18 AM GMT+05:00 August 06, 2026 (MLN): Pakistan and Iran have agreed to explore new avenues for bilateral trade, joint investment, and economic cooperation, with discussions focusing on improving connectivity, expanding trade routes, and promoting investment across multiple sectors....
SE Fruits and Vegetables set for historic PSX debut
2+ week, 6+ day ago (209+ words) MG News | August 05, 2026 at 02:24 PM GMT+05:00 August 05, 2026 (MLN): SE Fruits and Vegetable Limited is set to become Pakistan's first listed fresh fruit and vegetable exporter, marking a significant milestone for the country's agricultural sector and capital markets. Headquartered in Sargodha,…...
Gold up at $4,061 despite Middle East, inflation concerns
3+ week, 15+ hour ago (347+ words) MG News | August 04, 2026 at 12:24 PM GMT+05:00 August 04, 2026 (MLN): Gold prices moved higher, weighed by persistent uncertainty surrounding the Middle East conflict and mounting concerns over inflation, as traders positioned themselves ahead of a batch of US employment data expected to…...