During the first quarter of 2026 as per the State Bank of Pakistan report, the Islamic banking industry in Pakistan continued its growth momentum, further strengthening its position within the broader financial system. As of end-March 2026, Islamic Banking Institutions (IBIs) in our country consist of seven full-fledged Islamic Banks (IBs) including newly licensed Digital Bank i.e. Raqami Islamic Digital Bank Limited and 16 conventional banks with an addition of Mashreq Bank Pakistan Limited offering Shariah-compliant services through dedicated Islamic Banking Branches (IBBs). In the first quarter of 2026, the industry witnessed a net addition of 112 branches, marking a…
Author: S. Kamal Hayder Kazmi
In Digital transformation as per the present report of State Bank of Pakistan (SBP), Pakistan’s banking sector continues to register meaningful progress, with a growing focus on Shariah-compliant financial services. Under the strategic direction of SBP, two pioneering institutions — Raqami Islamic Digital Bank Limited and Mashreq Bank Pakistan Limited were licensed to commence Islamic banking operations. Furthermore, Easypaisa Bank Limited has been granted in-principle approval to extend Islamic financial services during the quarter ended March 2026. Early performance indicators for the first quarter of 2026 reflect encouraging momentum in this emerging segment: total Islamic assets of digital banks grew…
Pakistan: Assets Quality Ratio Of IBI (%) Ratio Mar-25 Dec-25 Mar-26 Overall Banking Industry NPFs to Gross Financing 3.6 2.4 2.4 5.8 Net NPFs to Net Financing (0.2) (0.5) (0.6) (0.8) Provisions to NPFs 106.6 119.7 125.0 112.5 Pakistan: Liquidity Ratios (%) Ratios Mar-25 Dec-25 Mar-26 Overall Banking Industry Liquid Assets to Total Assets 49.9 52.2 53.7 67.7 Liquid Assets to Total Deposits 68.2 68.4 69.7 108.7 Financing to Deposit Ratio (FDR) 47.8 51.2 49.4 36.8 Liquidity Coverage Ratio (LCR)* 238.0 197.7 217.3 213.0 Net Stable Funding Ratio (NSFR)* 205.4 182.3 188.7 167.0 *The ratios represent full-fledged Islamic banks only…
Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth. FINANCIAL MARKET IN PAKISTAN Pakistan: Currency Rate As Per Open Market ( Jul 24 2026) Currency Symbol Buying Selling Australian Dollar AUD 194.44 198.25 Bahrain Dinar BHD 742.21 752.68 Canadian Dollar CAD 198.14 201.93 China Yuan CNY 38.17 38.92 Danish Krone DKK 42.7 43.37 Euro EUR 318.99 322.68 Hong Kong Dollar…
Most Gulf markets gain on quarterly earnings Most Gulf stock markets ended higher on Thursday, as investors turned their attention to corporate earnings, although escalating regional tensions limited gains. Dubai’s main share index gained 0.2 percent, helped by a 3 percent rise in top lender Emirates NBD . The lender reported second-quarter profit that was broadly flat from the previous quarter, as asset growth and margins remained resilient in its first full-quarter results since the onset of the U.S.-Israeli war on Iran. In Abu Dhabi, the index rose 0.7 percent, buoyed by a 6.3 percent surge in the United Arab…
Stock Market Indexes Details Date Level Ch. This Week ch. Mon. ch. Ann. ch. YTD EGX30 [+] 07/22/2026 53,931.92 -0.11% 2.61% 2.56% 59.55% 28.93% OMX Tallinn [+] 07/23/2026 2,128.50 0.64% 0.59% 1.23% 3.74% 3.71% SPX Fiji [+] 07/23/2026 10,303.36 0.34% 0.08% 3.05% 11.33% 4.01% OMX25 [+] 07/22/2026 6,269.91 1.07% 1.54% -0.88% 29.89% 11.45% GSE Ghana [+] 07/22/2026 15,118.75 0.26% 1.21% 2.50% 134.89% 72.68% HANG SENG [+] 07/22/2026 24,892.66 -0.95% 1.35% 4.73% -0.94% -3.59% BUX [+] 07/22/2026 144,765.41 0.61% 2.68% 3.78% 44.32% 30.36% ICEX [+] 07/22/2026 2,043.84 0.18% 1.16% 0.91% -1.72% -5.10% NIFTY [+] 07/22/2026 23,996.25 -0.81% -1.39% -0.44% -4.25% -7.86%…
CPI Countries Countries Date CPI Interannual Accum. since January United States [+] June 2026 3.5% 3.1% United Kingdom [+] June 2026 2.6% 1.7% Germany [+] June 2026 2.3% 1.5% France [+] December 2025 0.8% 0.8% Japan [+] May 2026 1.5% 0.4% Spain [+] June 2026 3.2% 2.3% Italy [+] March 2025 2.0% 1.2% Portugal [+] December 2025 2.2% 2.2% Greece [+] June 2026 4.4% 3.5% Ireland [+] December 2025 2.8% 2.8% Andorra [+] June 2026 4.2% 2.8% Armenia [+] April 2025 2.7% 2.5% Angola [+] June 2026 10.1% 3.4% Argentina [+] June 2026 33.5% 16.8% Austria [+] December 2025 3.8%…
Indonesia collects $3.05 billion taxes Indonesia collected Rp 54.7 trillion ($3.05 billion) in taxes from the digital economy as of June 30, with value-added tax (VAT) on electronic commerce accounting for more than three-quarters of the total, the Finance Ministry’s Directorate General of Taxes (DJP) said on Thursday. The total comprised Rp 42.01 trillion in VAT from electronic commerce (PMSE), Rp 2.09 trillion from crypto asset transactions, Rp 5.1 trillion from fintech lending taxes, and Rp 5.51 trillion collected through the Government Procurement Information System (SIPP). DJP’s Director of Dissemination, Services and Public Relations, Inge Diana Rismawanti, said the tax…
Houthi blockade of Saudi shipping begins The first indications have been seen that the Houthi blockade declared against ships traveling to Saudi ports is beginning to have an impact. As yet, however, there have been no known Houthi attacks on shipping in the Red Sea, Gulf of Aden, or elsewhere. Three tankers are believed to have altered their intended destinations, although none of the ships are believed to have been threatened directly. The Singapore-flagged tanker, 333-meter (1,092-foot) VLCC Xin Long Yang (IMO 9761463), and the Liberia-flagged 250-meter (820-foot) tanker Rodos (IMO 1024948) had both loaded crude at Saudi Arabia’s Yanbu…
Chief: illicit exploitation of natural resources fueling armed conflicts United Nations (U.N.) Secretary-General António Guterres said on Wednesday that the mismanagement and illicit exploitation of natural resources have become among the leading drivers of armed conflicts around the world. Addressing an open debate of the U.N. Security Council (UNSC), Guterres called for strengthening the governance of natural resources to ensure they become a foundation for peace, security and prosperity rather than a source of violence and instability. He said critical minerals, including lithium, cobalt, nickel and rare earth elements, are assuming increasing strategic importance as global demand rises. “This presents…
Controls for non measurable events A balance between the measurable and the non measurable is a central and constant problem of management. Business, like any other institution, has important results that are incapable of being measured. Any experienced executive know companies or industries that are bound for extinction because they cannot attract or hold able people. This, every experienced executive also knows, is a more important fact about a company or an industry that last year’s profit statement. Yet the statement cannot be defined clearly let alone “quantified.” It is anything but “intangible”; it is very “tangible” indeed. It is…
Researchers recorded that the remittances inflows have increased significantly in present years and have become the main financial external inflow in some developing countries, surpassing other inflows that traditionally play an important role in these countries, such as official development assistance and foreign direct investment. Presently Pakistan received a record USD 41.6 billion inflows in workers’ remittances during FY2026, marking the highest annual inflow in the country’s history. The milestone was driven by stronger inflows from overseas Pakistanis, supported by structural reforms and policy measures introduced by the government and the State Bank of Pakistan (SBP). According to the SBP,…
The Government of Pakistan mentioned in the economic survey, in FY2025 the key fiscal indicators shows continued improvement, building on the consolidation achieved in the last year. The fiscal deficit narrowed further to 5.4 percent of GDP in FY2025, as against to 6.8 percent in FY2024, reflecting sustained fiscal consolidation efforts. Similarly, the primary balance improved significantly, registering a surplus of 2.4 percent of GDP in FY2025, up from 0.9 percent in FY2024, showing strengthened fiscal discipline and enhanced capacity to manage debt obligations. The revenue deficit also fell to 3.1 percent of GDP in FY2025, as against to 5.0…
Pakistan: Country-wise Net FDI ($ Million) Country 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 (Jul-Jan) China 1,048.30 763.2 1,311.90 130.8 846.6 751.6 531.6 432.2 568.2 633.6 UK 151.7 215.4 304.6 185 119.1 141 31.8 65 268.2 148.2 USA 15.7 45.7 161.7 88.1 99.2 166.4 249.6 89.3 137.3 59 Hong Kong 187 123 183.6 171 190.7 157.2 137.7 101 358.5 154.7 Switzerland 59.5 101.7 78.5 21.2 62.8 61.7 146.2 134 28.7 115.7 U.A.E. 114.6 120.1 -4.4 103.7 -44 115.7 143.9 180.1 87.3 68.2 Italy 105.4 61.5 56.6 51.9 57.4 36.3 34.8 8.6 1.9 1.2 Netherlands 29.9 457.6 100.3…
Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth. FINANCIAL MARKET IN PAKISTAN Pakistan: Currency Rate As Per Open Market ( Jul 10 2026) Currency Symbol Buying Selling Australian Dollar AUD 193.84 197.25 Bahrain Dinar BHD 740.61 750.9 Canadian Dollar CAD 197.27 200.25 China Yuan CNY 38 38.75 Danish Krone DKK 42.56 43.25 Euro EUR 319.42 323.5 Hong Kong Dollar…
Most Gulf stock markets extend Most Gulf stock markets closed lower on Thursday, extending the previous session’s losses, as renewed hostilities between the United States and Iran weighed on investor sentiment. Iranian armed forces struck U.S. military infrastructure in neighbouring Gulf states on Thursday after U.S. attacks on Iran’s southern coastal and eastern provinces, increasing pressure on a ceasefire that had been in place for three weeks. The U.S. military said on Wednesday its latest strikes on Iran were aimed at keeping the Strait of Hormuz open after it said Iranian forces attacked three tankers in the area. The assault…
Stock Market Indexes Details Date Level Ch. This Week ch. Mon. ch. Ann. ch. YTD BUX [+] 07/08/2026 140,842.30 -0.60% -1.56% 5.33% 42.28% 26.83% ICEX [+] 07/08/2026 2,011.73 -0.64% -1.03% 0.95% -4.21% -6.59% NIFTY [+] 07/08/2026 23,882.05 -2.12% -1.60% 3.28% -6.43% -8.30% JCI Jakarta [+] 07/08/2026 5,873.37 -1.89% -0.04% 9.94% -14.93% -31.21% TA-35 [+] 07/08/2026 4,087.17 0.03% -0.89% -4.55% 35.49% 13.43% ASE Amman [+] 07/08/2026 3,880.75 -0.01% 0.75% -2.77% 36.86% 8.83% KASE [+] 11/27/2025 6,849.29 0.31% 1.96% -1.37% 25.19% 0 KSW Kuwait [+] 07/08/2026 9,091.44 -0.79% -0.29% 0.33% -1.30% -3.73% KSE Kyrgyz [+] 07/09/2026 8,175.82 0 -1.47% -2.77% 23.22% 28.27%…
CPI Countries Countries Date CPI Interannual Accum. since January United States [+] May 2026 4.2% 3.4% United Kingdom [+] May 2026 2.8% 1.6% Germany [+] May 2026 2.6% 1.9% France [+] December 2025 0.8% 0.8% Japan [+] May 2026 1.5% 0.4% Spain [+] June 2026 3.2% 2.3% Italy [+] March 2025 2.0% 1.2% Portugal [+] December 2025 2.2% 2.2% Greece [+] May 2026 5.2% 3.5% Ireland [+] December 2025 2.8% 2.8% Andorra [+] May 2026 4.9% 3.3% Armenia [+] April 2025 2.7% 2.5% Angola [+] June 2026 10.1% 3.4% Argentina [+] May 2026 33.2% 14.7% Austria [+] December 2025 3.8%…
Sri Lanka gets back upper-middle income economy status The World Bank has upgraded Sri Lanka’s status to an upper-middle income economy due to its expansion in the economy supported by a broad-based recovery across industries and growth in tourism and financial services. i Lanka was earlier upgraded to the upper-middle income in 2019 but lost the status within a year, and then experienced an economic crisis. According to the World Bank’s latest income classification update released on Wednesday (1 July), the present status of Sri Lanka came three years after the island nation faced a severe economic crisis that pushed…
Indonesia gets first Russian oil shipment Indonesia imported Russian crude oil for the first time since a deal struck between the two nations in April, a sign of how Moscow has taken advantage of the Iran conflict to grow its customers. Just under 770,000 barrels was delivered to Indonesia’s Balikpapan port on June 29, valued at about $75 million, according to customs data compiled by Big Trade Data. The port of loading listed was Kozmino in Russia, and the oil was carried on the tanker Sierra. Appeals court upholds FMC’s authority A federal appeals court has upheld a landmark Federal…
Global production breakdown Global coal production remains dominated by 10 countries, which account for about 90 percent of global extraction. China, India, and the United States lead worldwide volume. Despite net-zero goals, global extraction continues to grow to meet low-cost energy demands and materials like steel and cement. The Worldometer Coal Production by Country report ranks the world’s leading coal producers by total yearly tons: China: ~3.7 billion tons (World’s largest producer and consumer), India: ~761 million tons, United States: ~728 million tons, Australia: ~554 million tons and Indonesia: ~502 million tons OPEC+ Countries say they will expand oil production…
Fundamental of communications To improve communications, work not on the utterer but recipient. It is the recipient who communicates. Unless there is someone who hears, there is no communication. There is only noise. One can perceive only what one is capable of perceiving. One can communicate only in the recipients” language or in their terms. And the terms have to be experience-based we perceive, as a rule, what we expect to perceive. We see largely what we expect to see, and we hear largely what we expect to hear largely what we expect to hear. The unexpected is usually not…
As per the statistics mentioned in the economic survey of Pakistan FY2025-26, the total electricity consumption in Pakistan stood at 83,143 GWh during July-March FY 2026, compared to 80,811 GWh in the corresponding period of FY2025, reflecting a 3.8 percent rise in electricity usage. The household sector continued to dominate electricity consumption, with its share falling to 47.5 percent (39,472 GWh) during July- March FY 2026, down from 49.6 percent (39,730 GWh) in the same period of FY 2025. This decrease indicates a relative structural shift to alternative energy sources because of tariff hikes, which have reduced affordability and incentivized…
Global oil demand is forecast to decline by 1.1 mb/d y-o-y in 2026. Global supply is set to fall by 3.9 mb/d to 102.4 mb/d in 2026 before rebounding by 8 mb/d to 110.3 mb/d in 2027. In May, output declined to 94.5 mb/d, down 600 kb/d m‑o‑m and 13.6 mb/d below pre-conflict levels. While the US‑Iran interim agreement paves the way for a rebound in Middle East exports, operational and political constraints, including prolonged demining and unresolved transit arrangements, leave downside risks to the outlook. In Pakistan, during July-March FY 2026, total consumption of petroleum products stood at 13.64…
Electricity Consumption In Pakistan Details FY 2025 July-March FY 2025 July-March FY 2026 GWh Share (%) GWh Share (%) GWh Share (%) Household 57,455 50.8 39,730 49.6 39,472 47.48 Commercial 9,721 8.6 6,895 8.6 7,044 8.47 Industry 29,181 25.8 21,083 26.3 26,205 31.52 Agriculture 5,882 5.2 4,566 5.7 2,636 3.17 Others 10,90 1 9.6 7,837 9.8 7,785 9.36 Total 113,140 100.0 80,111 100 83,143 100 Commercial Energy Supplies In Pakistan Fiscal Year Oil Gas Petroleum Products Coal Crude Oil Imports 000 barrels Local Crude Extraction 000 barrels Production Imports Imports Production Imports Production mcf mcf 000 tons 000 tons 000…
Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth. FINANCIAL MARKET IN PAKISTAN Pakistan: Currency Rate As Per Open Market ( Jul 01 2026) Currency Symbol Buying Selling Australian Dollar AUD 190.25 193.97 Bahrain Dinar BHD 738.6 748.71 Canadian Dollar CAD 197.31 201.05 China Yuan CNY 38.1 38.85 Danish Krone DKK 43.35 43.75 Euro EUR 318.55 322.17 Hong Kong Dollar…
Major Gulf markets gain Major Gulf stock markets rose in early trading on Wednesday, even as sentiment remained cautious amid concerns that talks between Iran and the United States could break down. U.S. President Donald Trump’s son-in-law, Jared Kushner, and envoy Steve Witkoff arrived in Doha on Tuesday for what the White House called “high-level” talks. However, Iran and the host nation, Qatar, said the discussions would take place through mediators rather than in direct meetings with Iranian officials. Qatari Prime Minister Sheikh Mohammed bin Abdulrahman al-Thani reaffirmed Doha’s ongoing mediation efforts and its support for all negotiation tracks arising…
Stock Market Indexes Details Date Level Ch. This Week ch. Mon. ch. Ann. ch. YTD NIFTY [+] 06/25/2026 24,056.00 0.14% 0.18% 0.10% -4.71% -7.63% JCI Jakarta [+] 06/26/2026 5,896.13 -1.72% -4.55% -3.82% -14.52% -30.94% TA-35 [+] 06/27/2026 4,028.22 0 -2.79% -10.02% 38.68% 11.79% ASE Amman [+] 06/28/2026 3,824.87 -1.06% -3.35% -5.69% 40.90% 7.27% KASE [+] 11/27/2025 6,849.29 0.31% 1.96% -1.37% 25.19% 0 KSW Kuwait [+] 06/28/2026 9,115.14 -0.12% -0.99% -2.03% 1.69% -3.48% KSE Kyrgyz [+] 06/27/2026 8,294.77 0 -1.24% -1.18% 25.30% 30.13% LSX Index [+] 06/26/2026 1,291.80 0.56% -1.13% -0.68% -0.88% 3.58% OMX Riga [+] 06/29/2026 902.90 0.21% 0.21% 0.09%…
CPI Countries Countries Date CPI Interannual Accum. since January United States [+] May 2026 4.2% 3.4% United Kingdom [+] May 2026 2.8% 1.6% Germany [+] May 2026 2.6% 1.9% France [+] December 2025 0.8% 0.8% Japan [+] May 2026 1.5% 0.4% Spain [+] May 2026 3.2% 1.6% Italy [+] March 2025 2.0% 1.2% Portugal [+] December 2025 2.2% 2.2% Greece [+] May 2026 5.2% 3.5% Ireland [+] December 2025 2.8% 2.8% Andorra [+] May 2026 4.9% 3.3% Armenia [+] April 2025 2.7% 2.5% Angola [+] May 2026 10.9% 2.9% Argentina [+] May 2026 33.2% 14.7% Austria [+] December 2025 3.8%…
China government advisers call for fix to two-speed economy China’s economy is doing two very different things at once. Its AI and high-tech manufacturing sectors are surging, powered by government subsidies and surging global demand. Meanwhile, the consumer side of the ledger, the part where actual people spend money on actual things, is struggling to keep pace. Government advisers are now publicly calling for measures to bridge this gap, marking an increasingly candid acknowledgment from Beijing’s policy circles that a booming semiconductor and EV sector doesn’t automatically translate into a healthy economy for everyone. Fixed-asset investment, a broad measure of…
Global shipping needs 114,000 more officers by 2030 The global shipping industry will need an additional 113,735 certified officers by 2030 to keep pace with fleet growth, according to a new workforce report from BIMCO and the International Chamber of Shipping (ICS), underscoring mounting concerns over the industry’s ability to recruit and retain qualified seafarers. Released presently to coincide with the Day of the Seafarer, the Seafarer Workforce Report 2026 estimates that 2.57 million seafarers currently serve aboard the world’s 85,148 merchant ships. Despite that workforce, the report projects a shortage of 39,100 Standards of Training, Certification and Watchkeeping (STCW)…
Norway defies expectations: oil output tops forecasts, hits 1.722 mn bpd in May Norway’s offshore oil industry continued to outperform expectations in May, with crude production once again exceeding official forecasts despite easing from April’s exceptionally strong output, underscoring the Nordic country’s role as one of Europe’s most dependable energy suppliers during a period of heightened geopolitical uncertainty. Preliminary data from the Norwegian Offshore Directorate (NOD) showed crude oil production averaged 1.722 million barrels per day (bpd) in May, down from 1.952 million bpd in April but still 7.2 percent above the government’s forecast of 1.607 million bpd. Natural gas…
Activity costing Activity-based costing is a totally different way of thinking. Traditional costing techniques are now rapidly being replaced by activity-based cost accounting. Traditional costing builds cost form the bottom up – labor, material, and overhead. It concentrates primarily on manufacturing-related costs, the so-called inventoriable costs. Activity-based costing starts from the end and asks, “Which activities and related costs are used in carrying out the complete value chain of activities associated with the cost object?” Activity-based costing includes the cost of quality and service. By designing quality into products and services during the design stage, design cost may increase, but…
According to the latest economic survey of Pakistan, in the latest World Economic Outlook (WEO) of April 2026, the IMF revised the global growth viewpoint downward following the outbreak of war in the Middle East and the resulting disruptions in energy markets, trade flows, and financial situations. Global growth, estimated at 3.4 percent in 2025, is projected to slow to 3.1 percent in 2026, then recover slightly to 3.2 percent in 2027. The downgrade reflects heightened geopolitical tensions, elevated energy and food prices, tighter financial situations, and persistent trade fragmentation. Global headline inflation, after declining to 4.1 percent in 2025,…
According to the government of Pakistan, education is the foundation of a better future for every child and a strong society. Quality and inclusive education develops skills, promotes economic growth, reduces poverty and strengthens society’s ability to achieve sustainable development. Over the past five decades, education has contributed to around 50 percent of worldwide economic growth and assisted reduce extreme poverty by almost 40 percent. Pakistan’s large youth bulge can be transformed into a productive resource through effective investment in education. However, this requires enhanced access to quality and equity across all levels of education. In the face of demographic…
Key Highlights Of Pakistan Budget For FY2026-27 Total outlay at Rs18.77 trillion, up 7 percent as compared to Rs17.57 trillion budgeted outlay of FY26 Growth target at 4 percent Inflation expected at 8.2 percent FBR revenue target at Rs15.26 trillion, an increase of over 8 percent compared to Rs14.13 trillion proposed in outgoing fiscal year Rs5.336 trillion from non-tax revenue Rs1 trillion for Public Sector Development Programme (PSDP) Minimum wage at Rs40,700, 10 percent increase from Rs37,000 in FY26 Rs8.054 trillion for interest payments, up 16 percent from Rs6.937 trillion in FY26 (revised) Rs1.169 trillion for pension payments, up 11…
Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth. FINANCIAL MARKET IN PAKISTAN Pakistan: Currency Rate As Per Open Market (June 11, 2026) Currency Symbol Buying Selling Australian Dollar AUD 194.24 199.65 Bahrain Dinar BHD 735.32 745.9 Canadian Dollar CAD 198.08 203.65 China Yuan CNY 38.05 38.8 Danish Krone DKK 43.39 43.79 Euro EUR 321.81 325.81 Hong Kong Dollar HKD…
Australian stocks climb to one-week high Australian shares hit a one-week high on Friday, with gold and mining stock leading gains as easing US-Iran tensions boosted risk appetite after US President Donald Trump called off planned strikes on Iran. The S&P/ASX 200 index rose 1.8 percent to 8,789.10 by 0032 GMT, its highest level since June 3. The benchmark was also set to log its best week since mid-April. It fell 0.2 percent on Thursday. Investors capped out a week marked by swings in Middle East tensions, with sentiment improving overnight after Trump said a peace deal with Iran could…
Stock Market Indexes Details Date Level Ch. This Week ch. Mon. ch. Ann. ch. YTD JCI Jakarta [+] 06/10/2026 5,902.38 2.71% 5.50% -15.31% -18.37% -30.87% TA-35 [+] 06/10/2026 4,196.03 -0.86% -1.68% -7.05% 53.60% 16.45% ASE Amman [+] 06/10/2026 3,927.60 -1.24% -1.98% 1.84% 46.98% 10.15% KASE [+] 11/27/2025 6,849.29 0.31% 1.96% -1.37% 25.19% 0 KSW Kuwait [+] 06/10/2026 9,176.08 0.03% -0.06% -2.18% 2.82% -2.83% KSE Kyrgyz [+] 06/10/2026 8,295.51 -1.35% -1.94% -1.83% 74.01% 30.14% LSX Index [+] 06/10/2026 1,313.10 0.02% -0.02% -1.07% 15.32% 5.29% OMX Riga [+] 06/11/2026 902.81 -0.34% -0.40% 2.68% 0.84% -2.46% OMX Vilnius [+] 06/11/2026 1,448.81 0.10% -0.07%…
CPI Countries Countries Date CPI Interannual Accum. since January United States [+] May 2026 4.2% 3.4% United Kingdom [+] April 2026 2.8% 1.4% Germany [+] April 2026 2.9% 2.0% France [+] December 2025 0.8% 0.8% Japan [+] April 2026 1.3% 0% Spain [+] May 2026 3.2% 1.7% Italy [+] March 2025 2.0% 1.2% Portugal [+] December 2025 2.2% 2.2% Greece [+] May 2026 5.2% 3.5% Ireland [+] December 2025 2.8% 2.8% Andorra [+] April 2026 4.8% 3.3% Armenia [+] April 2025 2.7% 2.5% Angola [+] May 2026 10.9% 2.9% Argentina [+] April 2026 32.4% 12.3% Austria [+] December 2025 3.8%…
Japan’s economy grows 1.8pc in q1 Japan’s economy expanded at an annualized real rate of 1.8 percent in the January-March quarter, revised down from an initial estimate of 2.1 percent, as capital investment slowed. The downward revision reflected weaker-than-expected business investment, with capital spending falling 0.7 percent in the quarter revised sharply from a preliminary 0.3 percent increase as outlays on software and production machinery disappointed. Real GDP grew 0.45 percent from the October-December period, down from the preliminary reading of 0.51 percent. Despite marking a second consecutive quarter of growth, momentum is expected to stall in the April-June period,…
OFAC unveils sweeping framework for Venezuela oil The U.S. Treasury Department on Tuesday unveiled a broad new sanctions framework aimed at reopening significant portions of Venezuela’s energy and mining sectors to U.S. and allied companies, while explicitly authorizing shipping, insurance, and logistics activities needed to support exports. The Office of Foreign Assets Control (OFAC) issued updated versions of seven Venezuela-related general licenses covering oil exports, U.S. diluent sales, energy services, mining activities, transactions involving state oil company Petróleos de Venezuela S.A. (PDVSA), and operations by major international energy companies. The measures replace licenses first issued earlier this year and establish…
Since 2000 OPEC oil production falls to lowest level Crude oil production among members of OPEC has this year collapsed to a generational low, at just 16.13 million barrels daily, Reuters reported, citing a regular survey it conducts on OPEC production. The amount is the lowest since 2000, the publication noted. The May average is also lower than OPEC production at the height of the Covid lockdowns, when the reduction was prompted by the collapse in demand as a result of the lockdowns. It is worth noting, however, that the May OPEC figure excludes the UAE, which left the group…
Business not financial strategy “There ain’t no bargains,” and “You get at most what you pay for,” Successful acquisitions are based upon business plans, not financial analyses. Acquisition targets must fit the business strategies of the acquiring company; other wise, the acquisition is likely to fail. The worst acquisition record of the last decades of the twentieth century was that of Peter Grace, the longtime CEP of W. R. Grace. He was a brilliant man. He set out in the 1950s to build a world-class multinational through financially-based acquisitions. He assembled the ablest group of financial analysts and had them…
International experts recorded the global Remittance market size was valued at $121.43 billion in 2025. The market is projected to grow from $132.18 billion in 2026 to $270.81 billion by 2034, exhibiting a CAGR of 9.4 percent during the forecast period. North America dominated the global remittance market with a share of 32.27 percent in 2025. Sources recorded that the remittance industry refers to the revenue generated from the transaction fees, foreign exchange margins, and service charges paid by service providers. Growing international migration, consistent demand across borders, technological advancements, fintech innovations and increasing access to banking solutions are few…
No doubt, economists are very interested in examining the relationship between inflation and economic growth. One of the main reasons behind this is the fact that the conduct of monetary policy is largely considered to have important consequences for long-term economic growth. Economic growth and inflationary relations have been closely monitored in the economy. When Inflation reaches a peak, it curbs productivity and growth whereas a low and stable inflation rate contributes to economic growth. The high inflation rate affects the decision making of almost all economic factors such as consumers, producers, and investors due to uncertainty about the expected…
Pakistan: Credit/Loans Classified By Borrowers (Million Rupees) (Outstanding position at the end of month) (Based on ISIC 4 Classifications of Private Sector Business) Description Jun-25 Apr-26P 1. Credit to Government Sector 36,239,017 36,536,267 2. Credit to Non Government Sector (A+B) 12,933,015 13,720,208 A. SBP Credit to Non Govt. Sector 78,823 58,832 B. Scheduled Banks Credit to Non Govt. Sector (I+II+III) 12,854,192 13,661,375 I. Credit to PSEs 2,088,458 2,311,890 II. Credit to NBFIs 848,252 501,331 III. Credit to Private Sector (A+B) 9,917,482 10,848,154 A. Investment in Securities & Shares of Private Sector 246,015 206,619 B. Loans to Private Sector (1-4) 9,671,467…
Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth. FINANCIAL MARKET IN PAKISTAN Pakistan: Currency Rate As Per Open Market ( May 19 2026) Currency Symbol Buying Selling Australian Dollar AUD 197.17 201.47 Bahrain Dinar BHD 731.47 741.85 Canadian Dollar CAD 201.57 207.81 China Yuan CNY 40.05 41.15 Danish Krone DKK 43.35 43.75 Euro EUR 324.38 329.43 Hong Kong Dollar…
China shares edge up on US-Iran peace deal hopes China stock edged higher on Thursday, joining a broader rally in the region, as hopes of a U.S.-Iran peace deal lifted risk appetite, while Nvidia’s stellar earnings boosted chip shares. China’s blue-chip CSI300 index was up 0.6 percent by the lunch break, while the Shanghai Composite index was flat at 4,162.37 points. In Hong Kong, the benchmark Hang Seng Index was largely flat at 25,648.28. U.S. President Donald Trump said on Wednesday that negotiations with Iran were in the final stage, suggesting he was prepared to wait a few days to…
Stock Market Indexes Details Date Level Ch. This Week ch. Mon. ch. Ann. ch. YTD EGX30 [+] 05/19/2026 52,471.31 0.89% 0.20% 0.19% 67.34% 25.44% OMX Tallinn [+] 05/19/2026 2,103.25 -0.28% -0.29% -0.63% 3.37% 2.48% SPX Fiji [+] 05/19/2026 9,806.05 -0.08% -0.20% -0.07% 5.59% -1.01% OMX25 [+] 05/18/2026 6,333.62 0.97% 0.97% 0.66% 33.51% 12.58% GSE Ghana [+] 05/18/2026 14,321.70 0.01% 0.01% 2.12% 113.51% 63.57% HANG SENG [+] 05/18/2026 25,675.18 -1.11% -1.11% -1.85% 9.98% -0.56% BUX [+] 05/18/2026 132,046.38 0.27% 0.27% -4.88% 36.04% 18.91% ICEX [+] 05/18/2026 2,115.61 -1.37% -1.37% 0.76% -2.71% -1.77% NIFTY [+] 05/18/2026 23,649.95 0.03% 0.03% -2.89% -5.48% -9.19%…
CPI Countries Countries Date CPI Interannual Accum. since January United States [+] April 2026 3.8% 2.8% United Kingdom [+] March 2026 3.3% 0.6% Germany [+] April 2026 2.9% 2.0% France [+] December 2025 0.8% 0.8% Japan [+] March 2026 1.4% -0.3% Spain [+] April 2026 3.2% 1.6% Italy [+] March 2025 2.0% 1.2% Portugal [+] December 2025 2.2% 2.2% Greece [+] April 2026 5.4% 3.5% Ireland [+] December 2025 2.8% 2.8% Andorra [+] April 2026 4.8% 3.3% Armenia [+] April 2025 2.7% 2.5% Angola [+] April 2026 11.6% 2.3% Argentina [+] April 2026 32.4% 12.3% Austria [+] December 2025 3.8%…
Japan’s economy grows at annualized 2.1pc rate Japan’s economy grew at an annualized 2.1 percent in the first quarter of 2026, surpassing analysts’ expectations, on the back of improved consumption and strong exports. The growth was sharply higher compared with Reuters-polled analysts’ average estimate of 1.7 percent, and against the 1.3 percent in the previous quarter. On a quarter-on-quarter basis, the economy expanded 0.5 percent, government data released Tuesday showed, compared with estimates of 0.4 percent, and improving from the 0.3 percent growth at the end of 2025. GDP expanded 0.6 percent, year on year. These figures do not capture…
Hong Kong hedge fund beats peers with bets on oil tankers while cutting AI A Hong Kong hedge fund that outperformed peers says shipping stocks are a better trade than artificial intelligence, given the risks of tech companies overspending. HD Capital Ltd.’s flagship fund allocated 11 percent of its portfolio in oil transport and 6.1 percent in shipbuilders as of April, making them its largest exposure. The $200 million multi-asset fund beat 97 percent of its peers this year and over a five-year period, based on industry data provider With Intelligence. “The tanker cycle could remain strong well into 2028–2029,…
Iran turns to natural gas to thwart oil shortages There are signs that the US naval blockade targeting Iranian crude oil exports is compelling Tehran to reshape its domestic energy balance. Iran appears to be redirecting larger portions of its crude and condensates into domestic refining and power generation, thereby freeing up natural gas for export to neighboring states, particularly Iraq and Turkiye. The shift marks a potentially important evolution in the Islamic Republic’s energy strategy: from maximizing crude exports to maximizing strategic regional influence through pipeline gas trade and domestic resilience. Since its inception last month, the US blockade…
Society of performing organization “By their fruits ye shall know them.” Society in all developed countries has become a society of organizations in which most, if not all, social tasks are being done in and by an organization. Organizations do not exist for their own sake. They are means: each society’s organ for the discharge of one social task. The organization’s goal is a specific contribution to individual and society. The test of its performance, unlike that of a biological organism, therefore, always lies outside itself. This means that we must know what “performance” means for this or that institution.…
Presently around the world, cars are central to the lives of millions of people. The market for cars is one of the largest for a single product, and this product represents the single largest source of oil demand, a key trend that the International Energy Agency (IEA) has tracked closely for decades. What’s more, car manufacturing is a pillar of the economy in many countries today, directly employing over 10 million people across the world – while supporting millions of additional jobs elsewhere in the supply chain, from steel and aluminum production to component manufacturing. No doubt, the automotive sector…
As per the government of Pakistan report, during July-March FY 2025, total sectoral consumption of petroleum products reached at 13.17 million metric tons (MMT), registering a year-on-year (YoY) increase of 7.04 percent compared to 12.30 MMT during the same period of FY 2024). Statistics showed that the transport sector, which remains the dominant consumer, registered a 7.99 percent increase in consumption, rising from 9.76 MMT in July-March FY 2024 to 10.54 MMT (80 percent of total demand) in the corresponding period of FY 2025. This growth is indicative of increased mobility, recovery in trade and logistics, and higher fuel demand…
Pakistan: Import Payments By Transport And Petroleum Groups (Thousand US Dollar) Commodities and Groups Mar (R) Feb (R) Mar (P) Jul-Mar FY25 FY26 FY26 FY25 (R) FY26 (P) Transport Group 196,178 369,639 243,507 1,352,117 2,621,806 1. Road Motor Vehicles 185,642 249,301 232,990 1,259,190 2,300,032 a. Completely Built Unit (CBU) 14,850 24,489 32,786 76,031 316,967 1- Buses,Trucks & Oth. Heavy Vehicle 5,088 8,299 10,190 30,368 212,658 2- Motor Cars (CBU) 9,336 15,780 22,109 43,473 99,879 3- Motor Cycles (CBU) 426 410 487 2,191 4,430 b. Completely Knock Down (CKD) 150,657 207,599 178,111 1,052,079 1,780,441 1- Buses,Trucks & Oth. Heavy Vehicle 36,287…
China, Hong Kong stocks slip Mainland Chinese and Hong Kong stock slipped on Friday, as renewed hostilities broke out between the United States and Iran, threatening a shaky ceasefire, while investors awaited next week’s meeting between top leaders of the world’s two largest economies. At the midday break, the benchmark Shanghai Composite index lost 0.43 percent, while the blue-chip CSI300 Index fell 0.9 percent. In Hong Kong, the benchmark Hang Seng Index declined 1.09 percent, while the city’s tech shares eased 1.08 percent. For the week, both SSEC and CSI300 looked set for their fifth straight weekly rise, with the…
Stock Market Indexes Details Date Level Ch. This Week ch. Mon. ch. Ann. ch. YTD HANG SENG [+] 05/06/2026 26,213.78 1.22% 1.70% 4.37% 15.67% 1.53% BUX [+] 05/06/2026 135,899.33 -0.03% 1.58% 9.60% 47.84% 22.38% ICEX [+] 05/06/2026 2,147.92 1.05% 3.16% 4.96% 7.41% -0.27% NIFTY [+] 05/06/2026 24,330.95 1.24% 1.39% 5.93% -0.20% -6.57% JCI Jakarta [+] 05/06/2026 7,092.47 0.50% 1.95% 1.47% 2.82% -16.93% TA-35 [+] 05/06/2026 4,505.61 -0.44% 1.82% 6.05% 75.37% 25.04% ASE Amman [+] 05/06/2026 3,862.53 0.62% -0.54% 5.55% 52.83% 8.32% KASE [+] 11/27/2025 6,849.29 0.31% 1.96% -1.37% 25.19% 0 KSW Kuwait [+] 05/06/2026 9,433.51 0.42% -0.02% 3.26% 9.25% -0.11%…
CPI Countries Countries Date CPI Interannual Accum. since January United States [+] March 2026 3.3% 1.9% United Kingdom [+] March 2026 3.3% 0.6% Germany [+] March 2026 2.7% 1.5% France [+] December 2025 0.8% 0.8% Japan [+] March 2026 1.4% -0.3% Spain [+] April 2026 3.2% 1.6% Italy [+] March 2025 2.0% 1.2% Portugal [+] December 2025 2.2% 2.2% Greece [+] March 2026 3.9% 1.9% Ireland [+] December 2025 2.8% 2.8% Andorra [+] March 2026 4.1% 2.2% Armenia [+] April 2025 2.7% 2.5% Angola [+] March 2026 12.4% 1.8% Argentina [+] February 2026 33.1% 5.9% Austria [+] December 2025 3.8%…
Indonesian economy tops estimates to grow 5.6pc Indonesia’s economy grew 5.6 percent on an annual basis in the first quarter of 2026, the national statistics agency said Tuesday, exceeding the government’s own forecast despite pressures of the Middle East war. The reading surpassed the 5.4 percent recorded in the final three months of 2025, Statistics Indonesia (BPS) head Amalia Adininggar Widyasanti told. Household expenditure was the biggest contributor to the growth, Amalia added. The government of President Prabowo Subianto is aiming to raise the Southeast Asian economy’s growth rate from 5.1 percent last year to 8 percent by 2029, powered…
Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth. FINANCIAL MARKET IN PAKISTAN Pakistan: Currency Rate As Per Open Market (May 08 2026) Currency Symbol Buying Selling Australian Dollar AUD 200.29 207.7 Bahrain Dinar BHD 731.47 742.44 Canadian Dollar CAD 203.16 207.18 China Yuan CNY 40.05 40.3 Danish Krone DKK 43.3 43.7 Euro EUR 327.02 331.27 Hong Kong Dollar HKD…
Maritime transition means in practice? Across shipping, sustainability is no longer only an environmental issue, but increasingly a question of competitiveness, resilience, and operational readiness. The real test is no longer whether the sector wants to decarbonize, but how quickly it can move from pilot projects to large-scale deployment. One of the biggest bottlenecks presently lies in investment certainty, infrastructure readiness, and high costs of vessel retrofits. While ambitions are high, concrete decisions are often slowed by uncertainty around fuel pathways, regulation, and supporting infrastructure. Without more predictable conditions, large-scale investment remains harder to unlock. Australia bans bulker The Australian…
Turkey increased steel production by 6.4pc In March 2026, Turkey increased its steel production by 6.4 percent compared to the same month last year, reaching 3.3 million tons. This is according to data from the Turkish Steel Producers’ Association (TCUD). In the first quarter of 2026, steel production in the country rose by 5.3 percent year-on-year, reaching 9.7 million tons. Domestic consumption of finished steel products in March showed rapid growth—up 20.9 percent year-on-year, to 3.2 million tons. Overall, for January–March, this figure rose by 8.9 percent to 9.9 million tons. Steel exports in March showed moderate growth of 5…
Managing oneself: what to contribute? Successful careers are not the products of luck or planning; they are built by people who are able to seize those opportunities that match their own strengths. Now that you have identified your strengths and work style you can begin to look for the right opportunities. These are the assignments that will enable you to use your strength, match your work style, and fit within your personal value system. They are also the assignments that help you to make the right contribution. But you first have to decide what your contribution should be. Figuring out…
International experts recorded that the worldwide economy is navigating growing challenges, including policy unrest, protectionism, and fiscal pressures, which are weighing on growth. While financial markets face risks from rising borrowing costs and geopolitical tensions, opportunities through trade reforms, structural adjustments and advancements in technology still exist. According to the October 2025 World Economic Outlook, IMF predicted that worldwide GDP growth slowed from 3.3 percent in 2024, to 3.2 percent in 2025 and it will slow further to 3.1 percent in 2026. Advanced economies are projected to grow at 1.5 percent and emerging market and developing economies at just above…
Analyzing Consumption Patterns, Rising Imports, and the Impact of Geopolitical Risks As per the government of Pakistan report, during July-March FY 2025, total sectoral consumption of petroleum products reached at 13.17 million metric tons (MMT), registering a year-on-year rise of 7.04 percent as against to 12.30 MMT during the corresponding period of FY 2024. The data reflects varied consumption trends across dissimilar economic sectors, shaped by changes in industrial activity, power generation needs, transportation demand, and operational dynamics in public and overseas segments. The transport sector, which remains the dominant consumer, stood a 7.99 percent rise in consumption, rising from…
Insurance Association Of Pakistan Proposes Year 2025 2026 2027 2028 Life 0.900 1.1 billion 1.3 billion 1.5 billion Non-Life 0.625 0.750 billion 0.875 billion 1.0 billion Local Investor’s Portfolio Investment (Lipi) Including Insurance Companies During July-March FY2025 Details Gross Buy(Rs million) Gross Sell(Rs million) Net Buy / (Sell)(Rs million) Net Buy / (Sell)($ million) Individuals 5,007,443.25 -4,996,931.79 10,511.46 37.68 Companies 278,269.36 -263,192.69 15,076.66 54.25 Banks / DFI 265,403.71 -186,906.41 78,497.29 280.71 NBFCs 4,056.39 -3,899.31 157.08 0.56 Mutual Funds 485,810.06 -518,408.58 -32,598.52 -115.81 Other Organization 61,260.51 -63,595.66 -2,335.15 -8.41 Broker Proprietary Trading 826,141.29 -830,453.85 -4,312.56 -15.44 Insurance Companies 94,885.57 -92,549.78 2,335.79…
Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth. FINANCIAL MARKET IN PAKISTAN Pakistan: Currency Rate As Per Open Market (Apr 23, 2026) Currency Symbol Buying Selling Australian Dollar AUD 197.75 203.7 Bahrain Dinar BHD 726.65 737.55 Canadian Dollar CAD 202.85 207.75 China Yuan CNY 38.65 39.25 Danish Krone DKK 43.25 43.65 Euro EUR 326.37 331.85 Hong Kong Dollar HKD…
Indian shares fall Financials and automakers dragged Indian shares down on Thursday, as Brent crude topped $100 a barrel after Iran seized two ships in the Strait of Hormuz and peace talks showed no sign of resuming. The Nifty 50 lost 0.84 percent to 24,173.05, while the BSE Sensex shed 1.09 percent to 77,664. Brent crude rose for a fourth straight session to trade above $103 a barrel as uncertainty over Middle East peace talks lingered. Other Asian markets fell 0.4 percent. HSBC downgraded Indian equities to “underweight” from “neutral” on Thursday, citing the impact of high energy prices on…
Stock Market Indexes Details Date Level Ch. This Week ch. Mon. ch. Ann. ch. YTD HANG SENG [+] 04/20/2026 26,361.07 0.77% 0.77% 4.29% 23.21% 2.10% BUX [+] 04/20/2026 136,386.25 -1.75% -1.75% 11.69% 56.65% 22.82% ICEX [+] 04/20/2026 2,094.73 -0.24% -0.24% 4.42% 3.53% -2.74% NIFTY [+] 04/20/2026 24,364.85 0.05% 0.05% 5.41% 2.15% -6.44% JCI Jakarta [+] 04/20/2026 7,594.11 -0.52% -0.52% 6.86% 17.95% -11.05% TA-35 [+] 04/20/2026 4,429.47 0.53% 0.53% 2.68% 77.85% 22.93% ASE Amman [+] 04/20/2026 3,818.40 0.39% 0.39% 3.42% 51.32% 7.08% KASE [+] 11/27/2025 6,849.29 0.31% 1.96% -1.37% 25.19% 0 KSW Kuwait [+] 04/20/2026 9,469.45 -0.54% -0.54% 4.72% 12.37% 0.27%…
CPI Countries Countries Date CPI Interannual Accum. since January United States [+] March 2026 3.3% 1.9% United Kingdom [+] February 2026 3.0% 0% Germany [+] March 2026 2.7% 1.5% France [+] December 2025 0.8% 0.8% Japan [+] February 2026 1.3% -0.7% Spain [+] March 2026 3.4% 1.1% Italy [+] March 2025 2.0% 1.2% Portugal [+] December 2025 2.2% 2.2% Greece [+] March 2026 3.9% 1.9% Ireland [+] December 2025 2.8% 2.8% Andorra [+] March 2026 4.1% 2.2% Armenia [+] April 2025 2.7% 2.5% Angola [+] March 2026 12.4% 1.8% Argentina [+] February 2026 33.1% 5.9% Austria [+] December 2025 3.8%…
Malaysia’s economy grew 5.3pc yr/yr in Q1 Malaysia’s economy grew 5.3 percent in the first quarter from a year earlier, official advance estimates showed on Friday, moderating from its pace at the end of 2025 as slowed in some key sectors. In the final quarter of 2025, gross domestic product had expanded by 6.3 percent, the fastest pace in three years, driven by higher domestic demand, exports and investments. The rise in the January-to-March period was driven by sustained growth in the manufacturing, services and construction sectors, though momentum has slowed compared to the previous quarter, the statistics department said…
Shipping interests call for unity As delegates head to London for MEPC 84 and the next round of talks on the Net Zero Framework, shipping industry heavyweights are lining up to endorse the universal authority of the IMO and the value of a single global rulebook – but as ever, opinions vary on the climate regulations at issue. The main shipowners associations – ICS, BIMCO, CLIA, Intercargo, WSC and Intertanko – say that they remain committed to the NZF, offering both input and support; the world’s top three flag registries – which represent half of all global tonnage – are…
OGDC oil production crosses 40,000 barrels per day Oil and Gas Development Company Limited (OGDC) has increased its oil production to over 40,000 barrels per day for the first time in more than six and a half years, according to a statement issued by the company. The milestone follows a period of declining output from mature fields, with the company attributing the increase to technical interventions, improved reservoir management and coordination between operational and support teams. The company said the achievement reflects efforts to stabilise and enhance production levels through operational improvements and better resource management. Industry analysts view the…
Controls, control, and management The probability of an event’s being meaningful is a much more important datum than the event itself. We are rapidly acquiring great capacity to design controls in business and in other social institutions, based on a great improvement in techniques, especially the ability to process and analyze large masses of data very fast. What does this mean for “control”? Especially, what are the requirements for these greatly improved controls to give better control to management? For, in the task of a manager, controls are purely a means to an end; the end is control. If we…
International experts recorded that the worldwide aviation sector is experiencing a, rapid recovery and growth phase, with 2026 projections explaining record revenues of over $40 billion and high passenger traffic. This sector supports 3.9 percent of global GDP ($4.1 trillion) and 86.5 million career opportunities. Approximately 10 to 15 million passengers travel by airplane daily, based on estimates of around 100,000 to 115,000 daily flights worldwide. With global air traffic reaching 5 billion passengers yearly in 2024, this number includes passengers on commercial, cargo, and private aircraft. This sector related statistics showed (daily passenger cancellation numbers fluctuate) roughly 1 to…
In 2026 the Global economic growth in 2026 is projected at approximately 3.3 percent, slightly higher than the 3.2 percent forecast in the October 2025 IMF World Economic Outlook, reflecting ongoing resilience. The growth outlook for 2027 is also expected to be about 3.2 percent. This positive revision is supported by increased investment in technology, accommodative monetary and fiscal policies, and the adaptability of the private sector, which have offset some trade policy uncertainties. Advanced economies such as the United States and the European Union are forecasted to expand by about 2.2 percent and 1.7 percent, respectively, while emerging markets…
PSL: Most Individual Appearances (As of 22 February 2026) Rank Player Team(s) Years active Appearances Runs Wkts 1 Imad Wasim IU, KK, 2016–present 101 1,293 77 2 Babar Azam PZ, KK, IU 2016–present 100 3,792 – 3 Fakhar Zaman LQ 2017–present 97 2,964 2 4 Rilee Rossouw QG, MS 2017–present 95 2,287 – 5 Shadab Khan IU 2017–present 94 1,413 105 6 Mohammad Rizwan MS, KK, LQ 2016–present 93 2,770 – 7 Shoaib Malik KK, MS, PZ, QG 2016–2025 93 2,350 17 8 Hasan Ali KK, IU, PZ 2016–present 92 309 125 9 Asif Ali LQ, IU, PZ 2018–present 91…
Market indicators are a series of technical indicators used by traders to predict the direction of the major financial indexes. Most market indicators are created by analyzing the number of companies that have reached new highs relative to the number that created new lows, also known as market breadth. FINANCIAL MARKET IN PAKISTAN Pakistan: Currency Rate As Per Open Market (Apr 01 2026) Currency Symbol Buying Selling Australian Dollar AUD 189.97 197 Bahrain Dinar BHD 732 743.15 Canadian Dollar CAD 198.38 204.15 China Yuan CNY 36.65 37.6 Danish Krone DKK 43.25 43.65 Euro EUR 322.13 329.51 Hong Kong Dollar HKD…
A short review: global stock exchange investments in tension As of March-April 2026, international experts recorded that the Israel-US war on Iran has caused significant volatility in worldwide stock markets, leading to an estimated $3.2 trillion loss in worldwide equity value within 96 hours of the conflict’s start. The war triggered sharp sell-offs, mainly in Middle Eastern markets like Dubai and Abu Dhabi. The conflict caused an immediate $3.2 trillion loss in global equity value, driven by a blockade of the Strait of Hormuz. Statistics show that UAE stock markets (Dubai and Abu Dhabi) lost almost $1.2 billion in value…
Stock Market Indexes Details Date Level Ch. This Week ch. Mon. ch. Ann. ch. YTD CROBEX [+] 03/25/2026 3,901.57 1.01% -0.64% -3.77% 16.83% 2.06% CSE [+] 03/24/2026 263.71 -0.74% 0.33% -8.56% 15.66% -4.31% PX [+] 03/25/2026 2,537.85 1.62% -0.09% -5.36% 19.92% -5.03% OMXC20 [+] 03/25/2026 1,369.15 0.22% 0.70% -3.74% -27.12% -15.21% EGX30 [+] 03/25/2026 47,464.96 1.14% -0.31% -3.16% 49.44% 13.47% OMX Tallinn [+] 03/25/2026 2,066.96 0.06% -0.15% -1.15% 13.02% 0.72% SPX Fiji [+] 03/25/2026 9,743.32 0 0.24% -0.72% 6.82% -1.65% OMX25 [+] 03/25/2026 5,930.66 1.31% 1.60% -3.37% 25.53% 5.42% GSE Ghana [+] 03/24/2026 15,316.66 -2.39% -2.39% 29.74% 150.02% 74.94% HANG…
CPI Countries Countries Date CPI Interannual Accum. since January United States [+] February 2026 2.4% 0.8% United Kingdom [+] February 2026 3.0% 0% Germany [+] February 2026 1.9% 0.3% France [+] December 2025 0.8% 0.8% Japan [+] February 2026 1.3% -0.7% Spain [+] February 2026 2.3% 0% Italy [+] March 2025 2.0% 1.2% Portugal [+] December 2025 2.2% 2.2% Greece [+] February 2026 2.7% -0.7% Ireland [+] December 2025 2.8% 2.8% Andorra [+] February 2026 3.1% 0.1% Armenia [+] April 2025 2.7% 2.5% Angola [+] February 2026 13.4% 1.2% Argentina [+] February 2026 33.1% 5.9% Austria [+] December 2025 3.8%…
Indian economy: war situation in gulf starts severe negative impact The war situation in the Gulf has started having a severe negative impact on the Indian economy. According to the sources, the foreign investors are withdrawing capital from Indian bonds and the stock market at a record pace. It is said that since the start of the war, investors have withdrawn a total of $12.14 billion from India. Furthermore, due to the Gulf tension, there is a risk of further increase in inflation in India due to the increase in oil prices in the global market. Economy: decoding china’s ‘new…
Russian oil tanker begins discharging cargo in Cuba’s Matanzas Terminal A Russian-flagged tanker carrying some 700,000 barrels of crude docked in Cuba’s Matanzas oil terminal on Tuesday, shipping data showed, marking the first significant oil delivery to the island since President Donald Trump’s administration cut off its fuel supply. The Anatoly Kolodkin vessel, under U.S. sanctions, entered Cuban territorial waters late on Sunday not far from the U.S. Navy base at Guantanamo Bay, despite U.S. restrictions on oil supplies to Cuba, including from Russia. The U.S. said it was allowing the tanker to deliver the crude oil for humanitarian reasons.…
Gas discovery in Egypt’s western desert A new natural gas discovery in Egypt’s Western Desert has been announced, with initial tests indicating output of about 26 million cubic feet a day of gas and 2,700 barrels a day of condensate. US energy firm Apache Corp. reported the find, made with the Egyptian General Petroleum Corp. after drilling the SKAL-1X exploratory well in the South Kalabsha area, according to a statement from the north African country’s petroleum ministry. The find reflects the impact of incentives and procedures introduced by the Ministry of Petroleum and Mineral Resources, which have encouraged Apache to…
Harmonize the immediate long-range future A manager must, so to speak, keep his nose to the grindstone while lifting his eyes to the hills-quite an acrobat feat. A manager has two specific tasks. The first is creation of a true whole that is larger than the sum of its parts, a productive e more than the sum of the resources put into it. The second specific task of the manager is to harmonize in every decision and actions the requirements of the immediate and of the long-range future. A manager cannot sacrifice either without endangering the enterprise. If a manager…
Global trade recovery and shifting import patterns offer opportunities for Pakistan’s economy According to the Pakistan Bureau of Statistics (PBS), imports into Pakistan during January 2026 amounted to Rs 1,629,640 million (provisional), compared with Rs 1,707,035 million in December 2025 and Rs 1,635,355 million in January 2025. This represents a decline of 4.53 percent over December 2025 and a marginal decrease of 0.35 percent compared with January 2025. In US dollar terms, imports in January 2026 totalled $5,813 million (provisional), down from $6,081 million in December 2025, a drop of 4.41 percent, and slightly lower than $5,869 million recorded in…
Investing in technology, skills and infrastructure is crucial to boost Pakistan textile exports The global textile market continues to demonstrate remarkable growth and resilience. Experts recorded that the market was valued at USD 1,065.45 billion in 2025, and it is projected to expand from USD 1,065.45 billion in 2026 to USD 1,955.50 billion by 2034, reflecting a compound annual growth rate (CAGR) of 7.11 percent during the forecast period. Asia Pacific dominated the market in 2025, holding a 44.17 percent share, driven by its large-scale production capacity and competitive cost structure. Textile products include flexible materials derived from natural and…