In a strategic move to boost non-fare revenue, the Punjab Mass Transit Authority has announced plans to lease indoor advertising spaces across metro stations. The initiative focuses on maximizing commercial potential within public transport infrastructure while maintaining operational efficiency. Under the new plan, advertising rights at 26 stations of the Orange Line Metro Train will […]
Binance and Islamabad United Launch Season-Long Campaign to Redefine Fan Engagement
Binance has expanded its collaboration with Islamabad United by launching a season-long fan engagement campaign. The initiative is designed to bring cricket enthusiasts closer to the game through digital innovation and interactive participation. The campaign introduces Binance Pay as a central feature, offering fans a seamless way to connect with the team. By integrating digital […]
Islamabad Traffic Police Introduce Electric Vehicle Fleet to Modernize Operations
The federal government has taken a significant step toward sustainable urban management by introducing a fleet of electric vehicles to the Islamabad Capital Territory Traffic Police. This initiative reflects a broader push to modernize traffic systems while reducing fuel dependency and operational costs in the capital. The induction ceremony, held in Islamabad, was attended by […]
Pakistan Approves Maritime Reforms to Position Itself as Regional Transshipment Hub
Pakistan has taken a major step toward strengthening its maritime economy by approving a set of strategic reforms aimed at transforming the country into a regional transshipment hub. The decision reflects a broader vision to enhance port efficiency, increase trade volumes, and improve connectivity with global shipping networks. The reforms come following recommendations put forward […]
Pakistan to Save $30 Million Annually by Shifting Thar Coal Mining to Grid Power
Pakistan is set to achieve significant cost savings and reduce its reliance on imported fuel through a major reform in Thar coal mining operations. The country’s Power Division Pakistan has announced a transition from diesel-powered mining to electricity supplied through the national grid, a move expected to deliver both economic and operational benefits. The initiative […]
SECP Seeks Stakeholder Input to Revitalize Pakistan’s Debt Market
The Securities and Exchange Commission of Pakistan has initiated a fresh push to reform Pakistan’s corporate debt market by launching three focused surveys aimed at gathering insights from key stakeholders. This move reflects the regulator’s broader strategy to modernize financial markets, improve transparency, and encourage greater participation in debt instruments. By inviting feedback, the SECP […]
Pakistan Risks $9 Billion Export Blow if GSP Plus Status Is Lost
Pakistan’s export-driven economy could face a serious challenge if its preferential trade access to European markets is withdrawn. Business leaders are warning that the potential loss of GSP Plus status may result in annual export losses of up to $9 billion, impacting key industries across the country. The concern was highlighted during a press briefing […]
Government Raises Rs. 118 Billion Through 32nd Ijarah Sukuk Auction
The federal government has successfully raised Rs. 118.05 billion through the 32nd auction of Government of Pakistan Ijarah Sukuk, signaling continued investor confidence in Shariah-compliant financial instruments. The development highlights strong participation from both institutional and corporate investors in Pakistan’s Islamic finance sector. According to the Pakistan Stock Exchange, the auction attracted bids worth Rs. […]
Government Likely to Absorb Rs. 49/Litre Fuel Cost to Maintain Prices
The federal government is expected to absorb a significant increase of Rs. 49 per litre in fuel costs to keep domestic petroleum prices unchanged for another week. The move comes amid rising global oil prices influenced by tensions in the Gulf region, aiming to provide temporary relief to consumers. According to reports, the government plans […]
Top Bidders Default on Payment for KP Premium Number Plates
The Excise Department Khyber Pakhtunkhwa has taken strict action after several top bidders failed to complete payments for premium vehicle number plates within the stipulated deadline. The department has confiscated bid securities submitted during the auction process. Officials confirmed that the defaulters had initially secured high-value plates during a competitive bidding round but did not […]