Karachi, February 26, 2026 – The State Bank of Pakistan (SBP) has released the daily Karachi Interbank Offered Rates (KIBOR) for Thursday, February 26, 2026, to facilitate banking institutions, corporate borrowers, and consumers in pricing loans and other financial instruments.
(more…)Author: Faisal Shahnawaz
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South Africa crush West Indies, move closer to T20 World Cup 2026 Semi-Final
Ahmedabad, February 26, 2026 – South Africa delivered a dominant all-round performance to defeat West Indies convincingly in their Super 8 clash of the ICC Men’s T20 World Cup 2026, moving into pole position for a semi-final berth.
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FBR sets new customs values for imported mineral and sparkling water
Karachi, February 26, 2026 — Federal Board of Revenue (FBR) has notified new customs values for imported mineral water and sparkling water to ensure uniform assessment of duties and taxes at the import stage. The revised values have been issued through Valuation Ruling No. 2049/2026 by the Directorate General of Customs Valuation, Karachi, under Section 25A of the Customs Act, 1969.
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SBP Releases Daily Interbank Foreign Exchange Rates – February 26, 2026
Karachi, February 26, 2026: The State Bank of Pakistan (SBP) has published the daily interbank foreign exchange rates for Thursday, February 26, 2026, to assist banking consumers, traders, and financial institutions in conducting currency transactions. The rates provide guidance for buying and selling major international currencies in the interbank market.
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SBP directs banks to facilitate February 2026 tax collection
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.
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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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