Business Desk

Business Desk

The Business Desk tracks economic trends, market movements, and business developments, offering analysis of both local and global financial news.

Pakistan’s urea stocks hit 1.4M tons, raising prospects of first exports in a decade
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Pakistan’s urea stocks hit 1.4M tons, raising prospects of first exports in a decade

Intermarket Securities says inventories at 2017 levels strengthen the case for exports, though Rabi demand and gas supply risks could alter the outlook

DG Khan Cement shifts to 95% imported coal as Afghan supplies halt
Markets

DG Khan Cement shifts to 95% imported coal as Afghan supplies halt

Company reports FY25 profit of PKR 8.7B, rising exports and strong utilization despite higher fuel dependence and uneven domestic demand

NexGen Auto starts EV production ahead of schedule as Nishat units commit major funding
Markets

NexGen Auto starts EV production ahead of schedule as Nishat units commit major funding

Plant to assemble Jaecoo PHEV and Omoda E5 with 2,000 bookings already secured

State Bank raises PKR 749 billion through T-bills auction
Business

State Bank raises PKR 749 billion through T-bills auction

Yields for all four tenors fall by around 0.1 basis points

Pakistan’s central bank governor seeks shift from stabilization to sustainable growth
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Pakistan’s central bank governor seeks shift from stabilization to sustainable growth

SBP governor said Pakistan can achieve long-term transformation with policy continuity and private sector adaptability

Pakistan’s national shipping company to expand fleet with $500M investment
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Pakistan’s national shipping company to expand fleet with $500M investment

Company’s revenue in FY25 fell 19% due to the sale of three tankers