By Aftab Ahmed | February 11, 2026

Pioneer Cement Limited (PIOC) has posted a profit of Rs 1.6 billion down 9 percent year on year basis in its 2QFY26 results on Wednesday. The company posted net earnings of Rs1.6bn (EPS Rs7.04) compared to Rs1.75bn (EPS Rs7.7) during the same period last year, down 9% YoY. The result came above our estimate, mainly…

By Aftab Ahmed | February 11, 2026

With the result season around the corner, Sherman analysts have presented a preliminary earnings preview of our sample cement companies for 2QFY26. We expect profitability across our cement universe to decline by 13% YoY. Earnings are likely to remain subdued mainly due to: (1) lower retention prices, (2) lower exports, and (3) unavailability of Afghan…

By Aftab Ahmed | February 10, 2026

Pakistan’s Capital Market has officially transitioned to the T+1 settlement cycle, a landmark reform that strengthens efficiency, reduces risk and aligns the country with international best practices. Effective from February 9, 2026, all eligible trades at the Pakistan Stock Exchange (PSX) are now settled on a Trade plus one (T+1) basis, replacing the previous T+2…

By Aftab Ahmed | February 10, 2026

Special Assistant to the Prime Minister for Industries and Production, Mr. Haroon Akhtar Khan, on Tuesday addressed the Japan–Pakistan Business Forum, reaffirming that relations between Pakistan and Japan are not limited to diplomacy but represent a strong, mature, and forward-looking economic partnership built on mutual trust and shared prosperity. Addressing the forum in the presence…

By Aftab Ahmed | February 10, 2026

The Islamabad High Court has stayed orders from the Pakistan Information Commission, ruling that financial secrecy and taxpayer confidentiality take precedence over disclosure under the Right to Information Act. Justice Khadim Hussain Soomro issued the stay against PIC directives, which instructed the Federal Board of Revenue to provide taxpayer information on January 8, 2026, and…

By Aftab Ahmed | February 10, 2026

Islamabad authorities have made registration mandatory for all online taxi and bike services, warning that strict action will follow against operators who fail to comply with the new rules immediately. Officials said the mandatory registration process will begin today, February 10, 2026, as the district administration moves to regulate app based transport services within the…

By Aftab Ahmed | February 9, 2026

Special Assistant to the Prime Minister, Haroon Akhtar Khan, held a high-level meeting with the Ambassador of Pakistan to Russia to discuss key matters of mutual economic interest, and the revival of Pakistan Steel Mills. During the meeting, detailed discussions were held on strengthening Pakistan–Russia cooperation, with a special focus on the revival and modernization…

By Aftab Ahmed | February 9, 2026

APTMA Leadership Engages EU Ambassador on GSP+ Renewal and Compliance OwnershipDr. Gohar Ejaz, Patron of the All Pakistan Textile Mills Association (APTMA), hosted His Excellency Raimundas Karoblis, Ambassador of the European Union to Pakistan, for a comprehensive discussion on the renewal of Pakistan’s GSP+ status and the future trajectory of Pakistan–EU trade relations. Dr. Gohar…