Tue, 21-Oct-2025

FPCCI demands exports to Afghanistan under firm contract

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has demanded the State Bank of Pakistan (SBP) to allow Customs Department enable exporters to conduct their trade transactions under firm contract to Afghanistan, a statement said. FPCCI president Mian Nasser Hyatt Maggo said that currently the exporters are only allowed to trade on … Read more

PABC IPO oversubscribed 3.3 times: Rs4.6 billion raised

PABCL

KARACHI: The Initial Public Offering (IPO) of the Pakistan Aluminium Beverage Cans Limited (PABC) has concluded with an oversubscription of 3.3 times, the company said in a statement on Wednesday. The IPO received an overwhelming response from the institutional investors and high networth individuals, as the strike price clocked in at Rs49/share, 40 per cent … Read more