Mega Motor Company (MMC), in collaboration with BYD, the world’s leading New Energy Vehicle (NEV) manufacturer, has officially introduced the BYD Sealion 7 and BYD Atto 2 in Pakistan. The launch marks another significant step in the country’s shift toward clean, sustainable, and future-ready mobility solutions. The unveiling took place at a dealership event in […]
Gul Plaza Fire: Officials Say Only Bones Now Being Recovered as Structure Deteriorates
The tragic Gul Plaza fire in Karachi has entered its final and most critical phase, with officials confirming that no intact human bodies are being recovered from the debris anymore. As rescue and search operations continue, authorities have warned that the structure of the building is rapidly worsening, posing serious risks to rescue teams. Fire […]
Pakistani Rupee Extends Winning Streak Against US Dollar for 84th Consecutive Session
The Pakistani rupee continued its steady performance in the interbank market, closing stronger against the US dollar for the 84th consecutive trading day. The local currency maintained its upward momentum on Wednesday, reflecting relative stability in the foreign exchange market amid cautious optimism among traders and market participants. According to market data, the Pakistani rupee […]
Foreign Direct Investment in Pakistan Falls 43% in First Half of FY26
Pakistan has witnessed a significant decline in Foreign Direct Investment (FDI) during the first six months of the fiscal year 2025-26, as net inflows dropped sharply by 43 percent year-on-year. According to the State Bank of Pakistan (SBP), net FDI totaled $808 million in H1 FY26, compared to $1,425 million in the same period last […]
Multan Sultans’ Expected Base Price for Sale Set at Rs. 160 Crore
The Pakistan Super League (PSL) management has revealed that the expected base price for the Multan Sultans franchise in the upcoming sale is likely to be set at Rs. 160 crore or higher. Officials are optimistic that the team could attract bids exceeding Rs. 200 crore during the auction process. The announcement comes as the […]
Otsuka Pakistan Resumes Production After Completion of Annual Maintenance
Otsuka Pakistan Limited has officially resumed production at its manufacturing facility following the successful completion of its planned annual maintenance shutdown. The company shared the update through a formal disclosure submitted to the Pakistan Stock Exchange Limited on Monday. According to the notification, production activities were restarted with effect from January 5, 2026. The maintenance […]
Pakistan-Born Cardiothoracic Surgeon Awarded OBE in UK
A Pakistan-born cardiothoracic surgeon has been honoured in the United Kingdom’s prestigious New Year Honours List, highlighting the global impact of Pakistani professionals in medicine. Professor Syed Saeed Ashraf has been awarded the Order of the British Empire (OBE) in recognition of his outstanding contributions to cardiac surgery, medical education, and the training of surgeons […]
Pakistan Set to Transition From Assembly to Full-Scale Electronics Manufacturing
Pakistan is preparing to take a major step toward industrial transformation with the finalization of the Mobile and Electronic Device Manufacturing Policy for 2026–2033. The policy, which is set to be presented to the Prime Minister, outlines a clear roadmap to shift the country from basic assembly operations to full-scale electronics manufacturing. This strategic move […]
PM Shehbaz Says Economic Reforms Steered Pakistan Out of Crisis
Prime Minister Shehbaz Sharif has said that restoring economic stability was a challenging and demanding task, but the government successfully pulled the country back from the brink through determined and far-reaching economic reforms. Addressing the launching ceremony of Economic Governance Reforms, the prime minister recalled the situation when his government assumed office in 2024. He […]
Banks to Remain Closed for Public Transactions on January 1
Banks across Pakistan will remain closed for public transactions on Thursday, January 1, 2026, following a notification issued by the State Bank of Pakistan (SBP). According to the central bank’s official announcement, January 1 has been declared a bank holiday, during which all scheduled banks, development finance institutions (DFIs), and microfinance banks will suspend public […]