Business Archives - Page 5 of 25

Alibaba BNPL Pakistan: A Major Step for Digital Credit and E-Commerce Growth

Web Desk / April 14, 2026

Alibaba BNPL Pakistan has emerged as a major development in the country’s financial technology landscape. The Securities and Exchange Commission of Pakistan has granted a Non-Banking Finance Company license to Cocotech Pakistan, a company linked to Alibaba Group. This approval will allow the company to introduce Buy Now Pay Later services in Pakistan, opening new doors for consumers, online retailers, and the broader digital economy. Read More: https://theboardroompk.com/service-long-march-tyres-ipo-to-raise-up-to-pkr-7-8-billion-for-local-tyre-production-expansion/ The move reflects growing investor confidence in Pakistan’s expanding e-commerce market and highlights the increasing role of fintech solutions in improving access to credit. What Alibaba BNPL Pakistan Means for Consumers The introduction of Buy Now Pay Later services will allow Pakistani consumers to purchase products online and pay through flexible installment plans. This model reduces the need for traditional credit cards and makes digital shopping more accessible to a wider population. With Alibaba BNPL Pakistan entering the market, customers will benefit from simplified financing options. Consumers can spread payments over manageable periods, which may increase purchasing power while supporting responsible spending. For many Pakistanis who lack access to formal credit facilities, this initiative could serve as a gateway to financial inclusion. Boost for Pakistan’s Digital Economy Pakistan’s digital economy has been expanding rapidly, driven by increasing smartphone penetration, internet access, and online marketplaces. The entry of Alibaba-linked financing services is expected to accelerate this momentum. The licensing of Cocotech Pakistan demonstrates regulatory support for fintech innovation. By allowing new players to operate under a regulated framework, authorities aim to balance innovation with consumer protection. This environment encourages competition among financial service providers and enhances service quality. Furthermore, Alibaba BNPL Pakistan is likely to increase transaction volumes on e-commerce platforms. When customers gain easier access to installment-based payments, online retailers often experience higher conversion rates and larger average order values. Investment Signals from Alibaba Group The involvement of Alibaba Group also indicates potential foreign investment opportunities. The company’s interest in Pakistan suggests confidence in the country’s growing consumer market. Analysts believe that international technology firms view Pakistan as a promising destination due to its young population and rising digital adoption. Direct investment by global technology companies often leads to knowledge transfer, improved digital infrastructure, and new employment opportunities. As a result, Alibaba BNPL Pakistan could serve as a catalyst for broader fintech development. SECP Chairman Highlights Market Opportunities Dr. Kabir Sidhu, Chairman of the Securities and Exchange Commission of Pakistan, emphasized that the country’s expanding digital economy continues to attract global investors. He noted that Pakistan offers significant opportunities within the financial services sector. According to him, improved access to financial services will benefit young entrepreneurs, freelancers, and small businesses. These groups often face challenges in obtaining traditional financing. With installment-based digital credit, they can purchase tools, inventory, and services needed to grow their operations. Dr. Sidhu also highlighted that the entry of Alibaba-linked services will enhance competition in Pakistan’s fintech ecosystem. Increased competition typically leads to better pricing, improved customer experience, and more innovative financial solutions. Impact on Freelancers and Small Businesses Alibaba BNPL Pakistan is particularly relevant for freelancers and small enterprises. Many small business owners rely on personal savings to purchase equipment or inventory. Installment-based financing can help them scale operations without heavy upfront costs. Freelancers may also benefit from financing options to buy laptops, software, or workspace equipment. As Pakistan’s freelance economy continues to grow, access to digital credit could strengthen productivity and earnings potential. The Road Ahead for Pakistan’s Fintech Sector The licensing of Cocotech Pakistan signals a new phase for fintech innovation in the country. Regulatory support combined with foreign investment is expected to expand digital financial services. More fintech companies may enter the market, introducing solutions such as micro-financing, digital wallets, and embedded finance. Alibaba BNPL Pakistan could therefore become a turning point for financial inclusion. By bridging the gap between consumers and credit, the initiative may accelerate digital commerce and support economic growth.

Business

CCP Authorizes Acquisition of TPL Insurance Limited by Jazz International Holding Limited

Web Desk / April 13, 2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) has authorized the acquisition of M/s. TPL Insurance Limited by M/s. Jazz International Holding Limited from M/s. TPL Corp Limited following a Phase-I review. Read More: https://theboardroompk.com/us-naval-blockade-on-iran-set-to-tighten-global-oil-supply/ The transaction involves the acquisition of a controlling stake by Jazz in TPL Insurance Limited through a Share Purchase Agreement. A portion of the shares will first be acquired by TPL Corp Limited from Deutsche Investitions- und Entwicklungsgesellschaft (DEG), a German investment company, and subsequently transferred to the acquirer, through a mandatory tender offer. Jazz International Holding Limited, a subsidiary of VEON, incorporated in the UAE, is engaged in telecommunications and digital services. The target company, M/s. TPL Insurance Limited, is a public listed company operating in Pakistan’s non-life insurance sector, offering conventional and takaful insurance products. The CCP conducted a detailed Phase-I competition assessment in accordance with the Competition Act and the Competition (Merger Control) Regulations, 2016. The relevant market was identified as the non-life insurance sector in Pakistan. Based on the assessment, the Commission determined that the transaction constitutes a conglomerate merger, with no horizontal or vertical overlap between the business activities of the acquirer and the target. The Commission further observed that the transaction is not likely to result in the creation or strengthening of a dominant position or to substantially lessen competition in the relevant market. Accordingly, the CCP has authorized the transaction under the applicable provisions of the law. The merger is expected to accelerate the growth of digital insurance and advance financial inclusion in Pakistan. The Commission remains committed to facilitating foreign direct investment through timely merger clearances, promoting business growth, and ensuring that market structures remain competitive and aligned with the principles of fair competition.

Business, Editor pick

US Dollar Rises as Iran Tensions Shake Global Currency Markets

Web Desk / April 13, 2026

The US dollar strengthened in early Asian trading on Monday as global markets reacted to rising tensions between Washington and Tehran. Investors moved quickly toward safe haven assets after peace talks between the United States and Iran collapsed. The United States signaled a major escalation in the conflict. The move pushed traders to shift away from riskier currencies and into the US dollar. Market analysts described the early trading session as thin but decisive. They noted a clear risk off sentiment across global foreign exchange markets. US Dollar Climbs as Hormuz Blockade Fears Intensify US President Donald Trump announced that the US Navy would begin blockading the Strait of Hormuz. This development followed failed negotiations aimed at ending the ongoing conflict. The blockade targets Iranian ports and threatens to disrupt global oil supply routes. As a result, investors reacted swiftly by increasing their exposure to the US dollar. The United States Central Command confirmed that operations would begin at 10 a.m. ET. This announcement further intensified uncertainty in global markets. US Dollar Pressures Major Global Currencies The surge in the US dollar weighed heavily on other major currencies. The euro slipped 0.3 percent to 1.1684 against the dollar. The British pound also declined by 0.5 percent to 1.3398. Meanwhile, risk sensitive currencies saw sharper declines. The Australian dollar dropped 0.6 percent to 0.7030. The New Zealand dollar fell 0.4 percent to 0.5816. These movements reflect growing caution among investors. They are moving away from higher risk currencies amid rising geopolitical uncertainty. US Dollar Index Holds Near Recent Highs The US Dollar Index remained steady at 99.056. This level is close to its highest point since early April. The index tracks the strength of the US dollar against a basket of major currencies. Its stability signals continued demand for the dollar despite market volatility. Analysts from Westpac noted that the dollar rally reflects broader risk aversion. They highlighted that geopolitical developments are driving market sentiment more than economic data. Hungarian Forint Surges After Political Shift In contrast to the broader market trend, the Hungarian forint posted strong gains. The currency rallied sharply after a major political shift in Hungary. Veteran leader Viktor Orbán lost power following national elections. The result boosted investor confidence in Hungary’s economic outlook. The forint surged as much as 1.8 percent against the dollar. It reached its strongest level since January. Against the euro, it gained 2.2 percent and hit a four year high. Analysts from Goldman Sachs said markets reacted positively to the election outcome. They noted that the result could unlock European Union funding for Hungary. EU Funding Expectations Support Hungarian Assets Market participants expect faster release of European Union funds to Hungary. These funds form a significant part of the country’s economic framework. Analysts estimate that EU funding accounts for about 3 percent of Hungary’s GDP each year. Nearly half of these funds had remained frozen under previous political conditions. The expected release of funds has boosted investor sentiment. It has also strengthened the forint despite broader global uncertainty. US Dollar Gains Against Yen as Bond Yields Rise The US dollar also strengthened against the Japanese yen. It rose 0.4 percent to 159.83 yen during trading. At the same time, Japan’s benchmark 10 year government bond yield climbed sharply. It increased by 5.5 basis points to 2.49 percent. This marks its highest level in nearly three decades. Higher bond yields often support currency strength. In this case, the dollar continued to gain as investors sought safety and returns. Global Markets Brace for Continued Volatility The rise of the US dollar reflects deeper concerns about geopolitical stability and global economic risks. Investors remain cautious as tensions between the United States and Iran continue to escalate. Currency markets are likely to remain volatile in the coming days. Much will depend on developments in the Middle East and the response of global powers. For now, the US dollar continues to dominate as the preferred safe haven asset. Its strength signals a broader shift in investor sentiment as uncertainty grips global markets.

Business

PSCTF delegation visit Federation of Pakistan Chambers of Commerce and Industry in Karachi.

Press Release / April 13, 2026

A delegation of the Pakistan SADC Chamber Trade Federation (PSCTF), led by President Sindh Chapter Mr. Muhammad Shoaib Qadri, visited the head office of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) in Karachi and met with Senior Vice President Mr. Fayyaz Magoon and his team. Read More: https://theboardroompk.com/fitsair-launches-direct-colombo-lahore-route-strengthening-pakistan-sri-lanka-connectivity/ The delegation included Senior Vice President Central PSCTF Mr. Syed Moizuddin and President Balochistan Chapter & Women Wing Ms. Noor Afshan Baloch. The meeting was highly productive, resulting in several key decisions: FPCCI will collaborate with PSCTF in establishing warehouse and trade center facilities in South Africa and will partner in their inauguration during the upcoming 3rd Pak-Africa Trade Summit. Both organizations agreed to jointly advocate for Free Trade Agreement (FTA) and Preferential Trade Agreement (PTA) frameworks between Pakistan and Southern African countries. An MoU for bilateral cooperation between FPCCI and PSCTF will be signed soon. FPCCI will also collaborate with PSCTF in organizing the Pak-Africa Trade and Investment Conference scheduled for 13 May 2026 in Karachi. Relevant committees from both sides, particularly in information technology, will coordinate to develop strategies for increasing IT exports to African markets. Both organizations will nominate focal persons shortly to ensure effective coordination. Key documentation regarding the warehouse, trade center, and trade agreements will also be shared in due cours

Breaking News, Business

UBL Hit Hardest as Bond Yields Trigger Massive Book Value Losses

Web Desk / April 12, 2026

Karachi: Pakistan’s banking sector faces heightened risks from sharply rising government bond yields, which analysts warn could largely wipe out revaluation surpluses on banks’ balance sheets in the March 2026 quarter. Read More: https://theboardroompk.com/bingx-futures-grid-expands-to-gold-silver-and-oil-bringing-automated-precision-to-macro-trading/ According to a report by Optimus Capital Management, the sector-wide revaluation losses could exceed PKR 600 billion in a single quarter, driven by increased reliance on Open Market Operations (OMO) for government financing, concentrated exposures on select bank sheets, and a higher share of floating-rate bonds. The report estimates that OMO now finances around 24% of domestic debt, with floating-rate bonds (PIBs) making up over 50% of total debt — up from 36% in December 2021. This shift has introduced meaningful spread duration risk. An assumed 150 basis points rise in secondary market bond yields and a 45 bps widening in PIB floater spreads (from 55 bps to 100 bps) between December 2025 and March 2026 underpin the projections. Key Impacts Highlighted: Surplus largely wiped out: Revaluation surpluses accumulated during lower-yield periods are expected to be exhausted, potentially eroding CET-1 capital ratios for some banks if yields rise further. While the State Bank of Pakistan (SBP) has historically provided regulatory relief, banks with heavier exposures may face pressure on dividend payouts. Profitability largely insulated: No material hit to core earnings is anticipated beyond normal lagged repricing effects. Banks typically benefit from higher rates with a lag through improved net interest margins. Uneven exposure: United Bank Limited (UBL) stands out as the most vulnerable, with an estimated post-tax book value hit of PKR 117 billion. It is followed by Habib Bank Limited (HBL) at PKR 54 billion and National Bank of Pakistan (NBP) at PKR 45 billion. In contrast, banks like MCB, BAHL, BAFL, MEBL, and FABL appear relatively resilient due to lower fixed-income exposure and shorter duration profiles. The report breaks down losses into floating-rate and fixed-rate components. Fixed bonds held by HBL, UBL, and NBP could see 4-5% price drops, while floating bonds show price declines of 1.0-2.25% depending on maturities. UBL exhibits the highest spread duration risk. On the positive side, banks with stronger current account franchises relative to fixed-bond holdings (such as BAHL, AKBL, MEBL, MCB, FABL, and BAFL) are better positioned for earlier recovery as rates stabilize or rise further. Sector Outlook Remains Cautious but Manageable The situation is fluid, but potential SBP support could limit the damage to balance sheet adjustments and regulatory ratios rather than core profitability. The Optimus report maintains a Neutral stance on the commercial banking sector overall. This development comes amid ongoing government borrowing pressures and recent PIB auctions where yields have continued to climb. Market participants note that while revaluation hits are unrealized for now, sustained yield elevation could test capital buffers more broadly. Analysts emphasize that the banking sector’s strong underlying earnings momentum from prior rate environments should help absorb the shock, but vigilance on duration management and liquidity remains key.

Business

PSX Top 10 Brokers March 2026: AKD Securities Leads as Investor Participation Grows

Syed Shoaib / April 11, 2026

PSX Top 10 Brokers March 2026 highlights renewed momentum at the Pakistan Stock Exchange as investor participation continues to strengthen. The latest data released by the exchange ranks brokerage houses based on the highest number of active trading accounts, offering a clear snapshot of market engagement and growing confidence among retail and institutional investors. The ranking indicates that digital accessibility, improved trading tools, and increasing financial awareness are encouraging more Pakistanis to enter the stock market. Analysts believe this trend could further deepen liquidity and strengthen Pakistan’s capital markets. AKD Securities Tops PSX Top 10 Brokers March 2026 Ranking AKD Securities Limited secured the first position in the PSX Top 10 Brokers March 2026 list, maintaining its leadership in active client accounts. The brokerage house has consistently attracted investors through strong research offerings, efficient trading services, and a wide customer base. JS Global Capital Limited followed closely in second place, reflecting its continued growth in investor onboarding. Meanwhile, Mohammad Munir Mohammad Ahmed Khanani Securities Limited claimed the third position, demonstrating strong engagement with both retail and institutional clients. These top three firms collectively represent a significant share of trading activity, highlighting their influence in shaping market participation. Mid-Tier Brokers Show Strong Presence KTrade Securities Limited ranked fourth, continuing its upward trajectory with increased digital adoption among traders. Arif Habib Limited secured fifth place, reinforcing its reputation as one of Pakistan’s most established brokerage firms. The middle segment of the PSX Top 10 Brokers March 2026 also showcased competitive activity. BMA Capital Management Limited stood at sixth place, while Next Capital Limited secured seventh position, both reflecting steady investor growth and market engagement. Emerging Brokerage Firms Gain Momentum Foundation Securities (Private) Limited claimed eighth position, showing consistent participation. Standard Capital Securities (Private) Limited ranked ninth, and Syed Faraz Equities (Private) Limited completed the list at tenth place. The presence of both established and emerging firms in the PSX Top 10 Brokers March 2026 ranking highlights a dynamic and competitive brokerage industry. Smaller firms are gaining traction by offering digital platforms, personalized services, and simplified account opening processes. What the PSX Top 10 Brokers March 2026 Data Means for Investors The ranking based on active accounts serves as a key indicator of investor confidence. An increase in active accounts suggests more frequent trading and deeper market participation. This is particularly important for Pakistan’s equity market, which benefits from higher liquidity and improved price discovery. Analysts explain that growth in active accounts is being supported by: • Improved online trading platforms making investing easier• Increased financial literacy among young investors• Mobile-based trading applications expanding accessibility• Competitive brokerage fee structures• Greater interest in equities as an inflation hedge These factors collectively contribute to the positive momentum seen in the PSX Top 10 Brokers March 2026. Digital Trading Driving Market Expansion Digital transformation is playing a major role in boosting investor participation. Many brokerage houses now offer real-time trading apps, research dashboards, and simplified onboarding procedures. This shift has allowed investors from smaller cities to access the stock market without visiting physical offices. Market experts believe that continued investment in technology by brokerage firms will further expand the investor base. As competition increases, brokerage houses are also focusing on customer support, educational content, and user-friendly platforms to attract new traders. Outlook for Pakistan Stock Exchange The PSX Top 10 Brokers March 2026 ranking signals strengthening investor engagement despite ongoing economic challenges. Analysts expect trading volumes to remain healthy in the coming months as more investors explore equity investments. If brokerage firms continue enhancing digital services and investor outreach, the Pakistan Stock Exchange could witness broader participation and improved market depth. This would support capital formation, encourage corporate listings, and strengthen Pakistan’s financial ecosystem.

Business

AirSial Technology and Innovation Summit 2026: Strategic Partnership for Industrial Innovation in Pakistan

Web Desk / April 10, 2026

The AirSial Technology and Innovation Summit 2026 partnership marks a notable development in Pakistan’s business and industrial landscape. AirSial’s decision to join the summit as an official sponsor reflects the airline’s strategic focus on supporting innovation-led initiatives and strengthening industrial growth, particularly in export-oriented sectors. The Technology and Innovation Summit, now entering its fourth edition, is scheduled for April 22, 2026, in Sialkot. The event is expected to bring together industry leaders, entrepreneurs, policymakers, and technology experts. With participation from key stakeholders, the summit aims to explore emerging technological trends and their impact on Pakistan’s evolving industrial ecosystem. Why the AirSial Technology and Innovation Summit 2026 Matters The AirSial Technology and Innovation Summit 2026 comes at a time when Pakistan’s industries are increasingly looking toward technology to remain competitive in global markets. By sponsoring the event, AirSial is aligning itself with innovation-driven platforms that promote collaboration and knowledge-sharing. The summit is expected to focus on how digital transformation, automation, and smart manufacturing can strengthen Pakistan’s industrial base. These discussions are particularly relevant for cities like Sialkot, which is widely known for its export-oriented manufacturing sectors, including surgical instruments, sports goods, and leather products. Strengthening Export-Oriented Industries One of the key objectives highlighted in the AirSial Technology and Innovation Summit 2026 is enhancing technological capabilities in export-driven industries. Sialkot’s surgical manufacturing sector, for example, has long been a cornerstone of Pakistan’s exports. However, maintaining global competitiveness requires continuous innovation, quality improvements, and adoption of modern production techniques. AirSial’s involvement underscores the importance of private-sector collaboration in supporting these goals. By participating in innovation-focused events, companies can contribute to discussions on productivity, supply chain efficiency, and global market expansion. Such collaboration can also encourage small and medium enterprises to adopt new technologies and improve their operational standards. Collaboration Between Business and Policymakers The AirSial Technology and Innovation Summit 2026 is also expected to strengthen dialogue between the private sector and policymakers. This collaboration is crucial for creating policies that support innovation, reduce regulatory hurdles, and encourage investment in technology infrastructure. Industry experts believe that platforms like this summit help bridge the gap between government initiatives and business needs. Discussions are likely to cover topics such as digital transformation, research and development incentives, and workforce upskilling. These elements are essential for building long-term economic resilience. AirSial’s Strategic Positioning By supporting the AirSial Technology and Innovation Summit 2026, the airline is positioning itself as more than just an aviation service provider. The move signals AirSial’s interest in contributing to broader economic development and innovation ecosystems. It also highlights the company’s commitment to strengthening Pakistan’s industrial competitiveness. This partnership aligns with the growing trend of corporate involvement in innovation-driven initiatives. Companies across sectors are increasingly recognizing that technological advancement is key to sustainable growth. AirSial’s sponsorship reflects this understanding and reinforces its role in supporting national development goals. Looking Ahead: Innovation and Economic Resilience The AirSial Technology and Innovation Summit 2026 is expected to encourage knowledge-sharing, promote technological adoption, and foster collaboration among stakeholders. These outcomes can help Pakistan’s industries become more competitive and resilient in an increasingly technology-driven global economy. As businesses, policymakers, and innovators gather in Sialkot, the summit is likely to generate valuable insights into the future of industrial development. AirSial’s involvement highlights the importance of private-sector participation in driving innovation and supporting long-term economic progress.

Business

Pakistan May Face Urea Shortage of 500,000 Tonnes

Web Desk / April 10, 2026

Pakistan could face a severe fertilizer crisis as official projections warn of a urea shortage of up to 500,000 tonnes during the Rabi 2026–27 season. The alarming estimate, presented by the Ministry of National Food Security and Research, highlights growing risks to agricultural productivity if key fertilizer plants remain partially shut and demand continues to rise. The report underscores a fragile supply-demand balance. It warns that even minor disruptions in production could push the country toward a significant shortfall. Supply Risks Intensify Ahead of Kharif 2026 According to the ministry’s projections, urea availability during Kharif 2026 remains highly sensitive to the operational status of major fertilizer plants. These include Fatima Fertilizer, Fauji Fertilizer Company’s Port Qasim plant, and Agritech Limited. Multiple scenarios assessed by officials show that supply constraints are likely if these plants do not operate at full capacity. In the worst-case scenario, where two major plants remain shut and one operates partially, domestic production could fall sharply. This scenario could lead to a mismatch between supply and demand. As a result, farmers may struggle to secure adequate fertilizer during critical crop cycles. Even in relatively improved scenarios, the supply outlook remains tight. Analysts say this reflects deeper structural weaknesses in Pakistan’s fertilizer production system. Worst-Case Scenario Signals Sharp Shortfall Under Scenario I for Kharif 2026, total urea availability is projected at 3.478 million tonnes. This includes 0.8 million tonnes of opening inventory and 2.678 million tonnes of domestic production. However, estimated offtake stands at 3.364 million tonnes. This would leave a closing inventory of just 114,000 tonnes. More critically, buffer stock could turn negative by 186,000 tonnes. Such a situation would significantly reduce the country’s ability to absorb shocks. Any unexpected surge in demand or disruption in production could worsen the crisis. Officials warn that maintaining a healthy buffer stock is essential. Without it, price volatility and supply shortages could intensify. Rabi 2026–27 Outlook Raises Alarm The situation appears even more concerning for the Rabi 2026–27 season. Projections suggest that shortages could persist despite the assumption that all plants resume operations from October. Under Scenario I for Rabi 2026–27, total urea availability is expected to reach 3.332 million tonnes. This includes 181,000 tonnes of opening inventory and 3.151 million tonnes of production. Against an estimated offtake of 3.486 million tonnes, the country could face a deficit. Closing inventory may fall to negative 154,000 tonnes, while buffer stock could decline further to negative 454,000 tonnes. Even under Scenario II, where only one plant remains offline during Kharif, the outlook remains challenging. Total availability is projected at 3.631 million tonnes, with closing inventory at 145,000 tonnes. However, buffer stock would still remain negative at 155,000 tonnes. These projections clearly indicate that supply-demand imbalances may continue into the next crop cycle. Rising Demand and Smuggling Risks The ministry has also highlighted rising demand as a key concern. Urea offtake is expected to increase during Kharif 2026 due to improved farm economics compared to last year. At the same time, a significant price gap between domestic and international markets could create additional pressure. Currently, urea prices in Pakistan stand at around Rs4,500 per 50 kg bag, compared to nearly Rs14,000 in global markets. This disparity may encourage cross-border smuggling. Such activities could further reduce local availability and deepen the supply crisis. Officials stress that controlling smuggling will be critical. Without effective enforcement, even adequate production may fail to meet domestic demand. No Imports Planned Amid Growing Concerns In a surprising move, the ministry’s projections assume zero urea imports in the coming months. This decision has raised concerns among industry experts. Imports often serve as a buffer during periods of shortage. Without them, Pakistan’s reliance on domestic production becomes absolute. Analysts warn that any disruption in local manufacturing could have immediate and severe consequences. They urge policymakers to keep import options open as a contingency measure. DAP Supply Stable but Risks Remain While urea faces potential shortages, the outlook for DAP fertilizer appears relatively stable. Officials say supply-demand conditions remain balanced based on five-year average trends. However, international price volatility continues to pose a risk. Domestic fertilizer prices remain closely tied to global market movements and exchange rate fluctuations. Any sudden increase in international prices could impact affordability for local farmers. Urgent Need for Policy Intervention The ministry has called for immediate and proactive policy measures. It emphasises the importance of ensuring uninterrupted operations of all ten urea manufacturing plants. Officials believe that stabilising production is the most effective way to prevent shortages. They also recommend stricter controls to curb smuggling and maintain price stability. Without timely intervention, the consequences could be far-reaching. Reduced fertilizer availability may impact crop yields, increase food prices, and strain the overall economy.

Business

Pakistan Oil & Gas Sector Reports Three Discoveries in March 2026 amid Isreal-US war on Iran

Web Desk / April 10, 2026

KARACHI: Pakistan has discovered three new fresh sources of oil and gas amid US-Israel war on Iran which has jolted whole world from energy perspective. Read More: https://theboardroompk.com/global-oil-prices-rise-as-iran-tensions-shake-markets-after-ceasefire-dispute/ Topline Securities has issued its latest Oil and Gas Exploration Alert, summarising activity across Pakistan for March 2026. The report points to three new hydrocarbon discoveries while noting a decline in overall production. Industry players are watching closely as the sector balances fresh finds with operational challenges. Three Successful Discoveries Spark Optimism The month saw three notable hydrocarbon discoveries. Mari Petroleum Company (MARI) struck success at Shams-1, while Oil & Gas Development Company (OGDC) announced finds at Baragzai X-1 and Sahito-1. These additions are expected to support future reserves and strengthen local energy supply. In contrast, one dry well was reported — Pario-1 in the Sujawal block, fully operated by MARI. Despite the setback, the discovery count remains positive for the sector.Production Declines but Recovery Signals Emerge Crude oil production stood at 60.7k barrels per day, down 9% month-on-month and 2% year-on-year. Natural gas output fell to 2,732 million cubic feet per day, registering a 12% MoM decline and a marginal 0.1% YoY drop. LPG production was recorded at 2,116 tons per day, up 7% MoM but down 3% YoY. Weekly trends, however, suggest flows may rebound soon due to recent disruptions in RLNG supply. Province-wise, Khyber Pakhtunkhwa led oil output at 61%, followed by Punjab at 32%. For gas, Sindh dominated with 65%, while Balochistan contributed 22%.Analysts believe the discoveries and expected production recovery could ease pressure on imports and support the country’s energy needs in the coming months.

Business

PIA fleet to expand to 60 aircraft, says Arif Habib

Web Desk / April 9, 2026

Karachi: Chairman of the Arif Habib Consortium, Arif Habib, announced plans to expand Pakistan International Airlines’ fleet to 60 aircraft, while confirming that only 18 planes are currently operational. Read More: https://theboardroompk.com/pakistan-steals-global-spotlight-with-us-iran-ceasefire-push-leaving-indians-stunned/ He shared these remarks during an address at the Korangi Association of Trade and Industry (KATI), where prominent industrialists and business leaders attended the session. Fleet recovery and expansion planArif Habib stated that PIA currently owns 30 aircraft, of which 5 to 6 require maintenance and repairs. He added that efforts are underway to restore these planes, which will increase the operational fleet to 26 aircraft in the near term. He emphasized that expanding the fleet to 60 aircraft remains a key long-term target to strengthen the airline’s global standing. Habib also highlighted that representing the business community at the government level is an honor, and he continues to advocate for resolving their issues. Energy costs and economic outlookHe noted that Pakistan’s economy has shown signs of stability, with improved revenues and the government managing to meet expenditures and debt servicing. However, he stressed that reducing the cost of production is essential for sustainable economic growth. Habib pointed out that electricity prices remain high due to capacity charges, despite underutilization of the transmission system. He suggested that fully utilizing over 22,000 megawatts of available capacity could reduce electricity costs by Rs10 to Rs12 per unit. He urged the business community to remain united beyond political affiliations and present a collective voice to the government. Habib also identified IT, agriculture, and mining as key sectors that can drive rapid economic recovery and growth.

Business

News

Categories

Company