Pakistan witnessed a record-breaking year for corporate growth during the fiscal year 2025-26, with thousands of new businesses entering the formal economy. According to the Securities and Exchange Commission of Pakistan (SECP), 43,559 new companies were registered during the year, reflecting a 24 percent increase compared to the previous fiscal year. The latest figures bring…
SG Power Limited has officially transformed its business strategy by changing its principal line of business from power generation to the healthcare and pharmaceutical industry. The transition marks a significant milestone for the company as it seeks to capitalize on emerging opportunities in Pakistan’s growing healthcare market. The company announced the development through a notice…
Gold prices witnessed a significant decline in Pakistan on Tuesday, mirroring a sharp downturn in international bullion markets. The sudden drop brought relief to potential buyers while drawing attention from investors closely monitoring precious metal trends. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of gold per tola fell by Rs.…
Imported branded fruit juices and non-alcoholic beverages in Pakistan may soon see price increases following a major revision in customs valuation rules by Pakistan Customs. The update comes after more than a decade of unchanged valuation benchmarks. The Pakistan Customs has revised customs values for imported branded fruit juices and non-alcoholic drinks for the first…
Citi Pharma Limited has announced a major expansion move by planning to acquire 100 percent shareholding of Pakheim International Pharmaceuticals (Private) Limited, a Lahore-based medicine manufacturer. The acquisition is part of the company’s broader strategy to strengthen its position in Pakistan’s growing pharmaceutical sector. According to a notice submitted to the Pakistan Stock Exchange, the…