Business - DAWN.COM

Customs increases import valuation for 62 old and used mobile phone models

The new valuation will apply to imports of old and used mobile phones in commercial quantities without packing or accessories.

Published 23 Apr, 2026 06:29pm

PSX Highlights of the Day

Company	Price	Change	Change %	Volume
FNEL	1.7	0.32	23.19 ▲	286,823,348
YOUW	7.73	1	14.86 ▲	58,862,399
TPL	9.97	1	11.15 ▲	12,923,209
CSIL	7.14	0.69	10.70 ▲	22,037,593
DSLNC	7.14	0.68	10.53 ▲	7,078,900

Company	Price	Change	Change %	Volume
KPUS	913.65	-101.52	-10.00 ▼	18,093
ASLCPS	65.64	-7.24	-9.93 ▼	972
ZILXD	333.46	-36.32	-9.82 ▼	10,831
IGIL	20.3	-2.18	-9.70 ▼	39,748
SLYTWU	13.1	-1.4	-9.65 ▼	10,208

Source: PSX | Updated Apr 23, 2026

Generation capacity of at least 62,000MW needed by 2035 to support economic growth

The solar power capacity expansion has been projected at 11,544MW for low GDP growth and 13,200MW for high growth.

Published 23 Apr, 2026 05:15pm

ADB deepens Pakistan engagement with $3.67bn commitments, targets fiscal reform and minerals

Financial support commitments reported in 2025 Annual Report; bank says Pakistan continues to face fiscal pressures.

Published 23 Apr, 2026 03:11pm

Branded Content

The Bank of Punjab signs strategic MoU with Stacks to advance digital remittances and financial innovation

As part of this initiative, the two organisations will also undertake a pilot transaction to explore the use of stablecoins for remittances.

Koç Group’s home appliances company Beko invests $20 million in a manufacturing transformation at Dawlance

The inauguration underscores Koç Group’s continued commitment to advancing industrial capability and long-term investment in Pakistan.

Fatima Fertilizer and Multan Sultans celebrate Title Sponsorship with a grand meet and greet in Karachi

The event brought this partnership to life, giving Fatima Fertilizer’s dealer network and farming community an up-close experience with their cricket heroes.

Pakistan seeks three spot LNG cargoes in first tender since Dec 2023

Awais Leghari notes tender aimed at meeting rising power demand; says Pakistan is not sure when it will get more cargoes from Qatar.

Updated 23 Apr, 2026 12:54pm

PM Shehbaz directs that transport nationwide be gradually shifted to EVs

In a meeting, the premier stresses work is underway to maintain "strategic crude oil reserves"; directs expedited establishment of EV charging stations.

Published 23 Apr, 2026 02:04pm

KSE-100 plunges below 170,000-mark as bears maintain control of PSX

Benchmark index loses 2,400 points to close at 169,173.37 points.

Updated 23 Apr, 2026 04:31pm

Attock refinery operations normalise as transport links restored

Intervention and support by Petroleum Minister Ali Pervaiz Malik and the General Headquarters restored road transport, the refinery’s management confirmed.

Updated 23 Apr, 2026 10:41am

‘Strict security’ triggers food, fuel shortages in twin cities

Fuel supply to Islamabad, Peshawar airports likely to be affected; Goods transporters want district authorities to reopen roads.

Updated 23 Apr, 2026 07:46am

FBR revises property valuation in six cities

Exercise aims to bring notified values closer to prevailing market rates.

Published 23 Apr, 2026 07:58am

Iran's economy looks set to withstand US naval blockade

A US naval blockade of Iranian ports is likely to squeeze Iran's oil output in the coming weeks but claims it will throw the Islamic republic into economic free fall remain premature, analysts say.

Updated 23 Apr, 2026 07:19pm