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CY26 buying, macros propel PSX further higher

[ Shares of 324 companies were traded. At the end of the day, 90 stocks closed higher, 211 declined and 23 remained unchanged. PHOTO: FILE KARACHI: Pakistan’s equity market opened the new year on a strong footing as the benchmark KSE-100 index extended its bullish momentum in the second week, climbing 5,375 points, or 3% … Read more

Secretary backs export tax relief, cheaper energy

[ FPCCI consultative session in Karachi draws textile, agro, tourism and logistics bodies KARACHI: Federal Secretary for Commerce Jawad Paul on Saturday agreed that exporters need regionally competitive energy costs and more facilitative taxation measures, as government officials and trade bodies reviewed export performance in Karachi. The statement said the meeting aimed to formulate strategies … Read more

Sugar deregulation risks flagged

Sugar. Photo: file LAHORE: Pakistan’s plan to fully deregulate its sugar sector after nearly eight decades of state control has entered a decisive phase, with the Institute of Cost and Management Accountants of Pakistan (ICMA) cautioning that market freedom without strong oversight could deepen long-standing problems instead of resolving them. In a detailed policy report, … Read more

Modern seafood processing zone planned at Korangi harbour

[ ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has announced plans to establish a 100-acre, $80 million Seafood Processing and Export Zone at the Korangi Fisheries Harbour Authority (KoFHA), aimed at boosting the blue economy and global seafood trade. In a statement on Saturday, the minister said the proposed project was aimed … Read more

Mobile banking accounts cross 120m

[ Mobile banking. Design: Ibrahim Yahya KARACHI: A few years ago, there was a debate over whether Pakistanis would adopt digital banking and, if so, how quickly — a common phenomenon in any society, as fear of the unknown often prevails before the acceptance of new ideas. However, following the Covid-19 lockdowns and support from international … Read more

Nigeria’s ‘Kannywood’ tiptoes between censor boards and modernity

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KANO, NIGERIA: Long overshadowed by south Nigeria’s Nollywood, filmmakers in the north of Africa’s cinema powerhouse are pushing boundaries in search of international eyeballs — all while navigating the Muslim-majority region’s social conservatism. Young creatives — influenced not just by their peers in the wealthier Christian south of the country, but even as far as India — … Read more

‘The Batman Part II’ reveals Sebastian Stan as Harvey Dent

Sebastian Stan. Photo: file Sebastian Stan’s long rumoured involvement in The Batman Part II has now been officially confirmed, with the actor set to portray Harvey Dent, the idealistic district attorney whose tragic downfall leads to the rise of Two Face. The casting revelation ends weeks of speculation following reports that Stan had quietly joined … Read more

Hamid Khan group clinches victory in LBA polls

. Advocate Irfan Hayat Bajwa. Photo: Courtesy: Facebook LAHORE: Advocate Irfan Hayat Bajwa of the Professional Group has been elected President of the Lahore Bar Association (LBA), securing 3,559 votes in the annual elections. Supporters of the winning team celebrated jubilantly outside the court premises, raising slogans, beating drums, and garlanding the victorious candidates. Out … Read more