Pakistan’s oil industry has strongly opposed the government’s proposed changes to the petroleum pricing formula, warning that the move could… Read More
Pakistan’s Inflation May Return to Double Digits
Pakistan’s inflation is expected to rise again from April as higher global oil prices begin to push up domestic fuel,… Read More
Pakistan Lifts Decade Long Ban on Low Grade Diesel Ahead of Harvest
Pakistan has temporarily allowed the import of cheaper, lower-grade high-speed diesel ahead of the upcoming harvest season, reversing a ban… Read More
FBR Starts Action Against Customs Officers Over Duty Violations
The Federal Board of Revenue has initiated disciplinary proceedings against customs officers and officials working on an attachment basis without… Read More
Pakistan’s Power Circular Debt Set to Reach Rs. 1.9 Trillion
Pakistan’s power sector circular debt is set to approach Rs. 1.9 trillion, rising from Rs. 1.689 trillion recorded during the… Read More
World Bank Unveils Roadmap to Modernize Pakistan’s Wheat Sector
The World Bank has unveiled a roadmap to modernize Pakistan’s wheat sector, recommending five priority reforms aimed at boosting private… Read More
PSO Appoints Abdus Sami as Interim CEO
Pakistan State Oil (PSO) has appointed Abdus Sami as its interim Chief Executive Officer, effective March 31, 2026, as the… Read More
One of China’s Biggest Car Manufacturers is Officially Entering Pakistani Market
Lucky Motor Corporation (LMC) has signed an exclusive strategic partnership with Guangzhou Automobile Group, marking the official entry of one… Read More
Bank of Khyber Injects Rs. 1 Billion Into Currency Exchange Subsidiary
Bank of Khyber has formally injected Rs. 1 billion into its subsidiary, BOK Currency Exchange Company (Pvt) Limited, with shareholders… Read More
PTA Invites Bids to Develop All-in-One App for Telecom Services in Pakistan
The Pakistan Telecommunication Authority (PTA) has moved forward with plans to procure a unified cross-platform mobile application alongside a comprehensive… Read More
NITB Requests Rs. 20 Crore for Futuristic Traffic Monitoring Project in Islamabad
The National Information Technology Board (NITB) has sought Rs. 208 million for the Smart Islamabad Initiative in the financial year… Read More
Chinese EV Giants Could Launch Ultra-Fast Charging Tech Ahead of Tesla
Chinese electric vehicle manufacturers are accelerating the global race for ultra-fast charging technology, with companies such as BYD, Huawei and… Read More
