Pakistan’s automobile industry is witnessing a significant shift as Chinese electric vehicle (EV) and hybrid manufacturers rapidly expand their presence, posing a serious challenge to Japanese brands that have dominated the country’s market for more than three decades. The growing interest in electric mobility comes amid rising global fuel prices and increasing concerns over energy…
Federal Petroleum Minister Ali Pervaiz Malik has said that Pakistan’s transition to a daily petroleum pricing mechanism will improve transparency, eliminate opportunities for market manipulation, and establish a more competitive, consumer-friendly fuel pricing system. Speaking during a meeting with key stakeholders from the petroleum industry, the minister described the reform as a major step towards…
The Ministry of Commerce Pakistan has introduced a significant policy shift by banning the import of goods produced through forced labour, marking a major step toward ethical trade practices and stronger supply chain regulation. The new directive, issued through a statutory regulatory order (SRO), amends the existing Import Policy Order 2022 under the Imports and…
Pakistan’s economy is facing fresh pressure as profit and dividend outflows on foreign investments surged to $1.828 billion during July–March FY26, according to data released by the State Bank of Pakistan. This marks an increase from $1.718 billion in the same period last year, reflecting growing repatriation by foreign investors. The rise in outflows comes…
The federal government has announced a major reduction in electricity tariffs for industrial consumers across Pakistan, providing long-awaited relief to businesses facing high energy costs. The revised rates will take effect from February 2026 following approval by the National Electric Power Regulatory Authority and will apply to all distribution companies, including K-Electric, until December 2026….
Gold and US dollar rates have shown new movement in Pakistan’s open market, reflecting ongoing currency trends and global financial developments. According to market dealers, the price of gold per tola has experienced fluctuations amid changing international bullion rates. Similarly, the US dollar rate in the interbank and open market has recorded minor adjustments. Currency…
