Karachi, February 26, 2026: The State Bank of Pakistan (SBP) has issued instructions to commercial banks to assist taxpayers in the payment of government duties and taxes for February 2026. The circular, issued on Thursday, outlines special arrangements for both over-the-counter and digital payments to ensure smooth tax collection.
(more…)Author: Faisal Shahnawaz
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KSE-100 index surges 4,267 points on strong buying momentum
Karachi, February 26, 2026: The KSE-100 Index of the Pakistan Stock Exchange (PSX) surged 4,267 points on Thursday, fueled by aggressive buying and improved market sentiment after several days of selling pressure. Investors took advantage of attractive valuations, driving the benchmark index to its highest levels in recent sessions.
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PPL settles disputes with Descon over two major EPCC projects
Karachi, February 26, 2026: Pakistan Petroleum Limited (PPL) on Thursday announced that it has reached an amicable settlement with Presson Descon International (Private) Limited (PDIL) and Descon Engineering Limited (DEL) to resolve long-standing disputes related to two major Engineering, Procurement, Construction, and Commissioning (EPCC) projects.
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SCBPL reports 37% drop in annual profit for CY25, declares final dividend
Karachi, February 26, 2026: Standard Chartered Bank (Pakistan) Limited (SCBPL) on Thursday reported a sharp 37% decline in net profit for the calendar year ended December 31, 2025, mainly due to a significant fall in interest income, lower gains on securities, and rising operating costs.
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PSX cracks the whip on DFML over reporting lapses
Karachi, February 26, 2026: The Pakistan Stock Exchange (PSX) has taken enforcement action against Dewan Farooque Motors Limited (DFML) for violations of disclosure and reporting obligations, following due process and the issuance of an enforcement order dated January 23, 2026.
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Mega Motors secures UK financing to launch Pakistan’s first large-scale NEV plant
Karachi: The Mega Motor Company (Private) Limited (MMC), the official Pakistani partner of Chinese electric vehicle giant BYD, has secured long-term financing from British International Investment (BII) to build Pakistan’s first purpose-built, large-scale new energy vehicle (NEV) manufacturing plant.
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Changan Motors back on track: Deepal S05 REEV rolls out after delay
Karachi – Changan Motors Limited has announced the resumption of full-scale production and deliveries of its Deepal S05 REEV at its Karachi facility, following a brief delay caused by late arrival of completely knocked down (CKD) kits.
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New Zealand crush Sri Lanka, inch closer to T20 World Cup 2026 semi-final spot
Colombo, February 25, 2026 – New Zealand delivered a commanding all-round performance to defeat Sri Lanka by 61 runs in their crucial T20 World Cup 2026 clash on Wednesday, significantly boosting their chances of securing a place in the semi-finals.
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MG Pakistan Begins Deliveries of All-New MG U9 Pickup in Pakistan
MG Motor Pakistan has officially started deliveries of the all-new MG U9 pickup truck across the country, marking a significant step in the brand’s expansion into Pakistan’s premium pickup segment.
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Chery Pakistan Launches Free Inspection Campaign for Tiggo 8 Pro and Tiggo 4 Pro Owners
Chery Master Pakistan has rolled out a limited-time aftersales campaign, offering a complimentary service inspection for owners of the Chery Tiggo 8 Pro and Chery Tiggo 4 Pro across the country.
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