FACTFLOW

Business

Scheme for electric vehicles launched

<p>ISLAMABAD: The government has launched a scheme to promote electric vehicle mobility across the country.</p> <p>The Pakistan Accel­erated Vehicle Elect­rification (PAVE) scheme aims to accelerate the country’s transition tow­ards clean, affordabl

Business

Taxes, power tariffs to be cut soon: Haroon

<p>ISLAMABAD: Special Assistant to the Prime Minister Haroon Akhtar Khan on Wednesday said the government was planning to reduce taxes on industries and that the electricity tariff would be lowered soon.</p> <p>Addressing a news conference, Mr Khan

Business

Foreign loan inflows surge by a quarter

<p>ISLAMABAD: Foreign assistance inflows to Pakistan increased by more than 25 per cent to $4.5 billion in July-December 2025-26, mainly on the back of programme support of the International Monetary Fund (IMF).</p> <p>The total inflows (excluding IM

Business

TCL to take controlling stake in Sony’s TV, audio business

<p>Eyeing deeper strategic cooperation in the home entertainment sector, Japan’s Sony Corp announced on Tuesday that it had reached an initial agreement with China’s home appliance heavyweight TCL Electronics Holdings Ltd for the establishment of a j

Business

Local mobile phone manufacturing dipped in December 2025: PTA

<p>Pakistan’s local mobile phone manufacturing and assembly sector recorded a contraction in December 2025, according to data released by the Pakistan Telecommunication Authority (PTA).</p> <p>This slowdown is on account of weak consumer demand amid

Business

Pak-Qatar General Takaful IPO enters two-day book-building phase

<p>The initial public offering (IPO) of Pak-Qatar General Takaful Limited (PQGTL) entered its book-building phase on Wednesday, with bidding to continue until tomorrow, according to the <a class="link--external" href="https://arifhabibltd.com/downloa

Business

Private sector signs 78 MoUs for $4.5bn agri investment with China

<p><a href="https://www.dawn.com/news/1968177">https://www.dawn.com/news/1968177</a></p>

Business

Gold surges to Rs493,662 per tola

<p>KARACHI: The yellow metal continued to shine in the world market, pushing domestic 10-gram and one-tola rates to a new all-time high of Rs423,235 and Rs493,662 on Tuesday, up by Rs3,686 and Rs4,300, respectively.</p> <p>According to the rates issu

Business

Dollar slide sparks economic fears

<p>KARACHI: The depreciation of the US dollar against the rupee has reached a point where its multidimensional negative impacts could hit the economy, industry sources warned.</p> <p>After slipping below Rs280 on Monday, the greenback was trading at

Business

Auto loans rise for 13th month

<p>KARACHI: The outstanding auto loans grew for the 13th consecutive month, reaching Rs319 billion at the end of December 2025 from Rs318bn in November, State Bank of Pakistan (SBP) data revealed.</p> <p>The December 2025 growth appears slow compare

Business

Index surges past 188,000 on rate cut hopes

<p>KARACHI: Anticip­ation of an interest rate cut at the upcoming monetary policy meeting continued to fuel broad-based value hunting on Tuesday, as investors brushed aside a widening current account deficit and a sharp fall in foreign investment to

Business

OGDCL makes another discovery in Kohat

<p>ISLAMABAD: The Oil and Gas Development Company Ltd (OGDCL) on Tuesday announced discovery of major oil and gas reserves at its existing exploratory well in Kohat District of Khyber Pakhtunkhwa.</p> <p>In a statement, the OGDCL, which is the opera

Business

Early rice export deal sought with Indonesia

<p>ISLAMABAD: Pak­istan has urged Indonesia to finalise a memorandum of understanding (MoU) for rice exports on a government-to-government (G2G) basis at the earliest.</p> <p>The issue was among those discussed during a meeting between Commerce Minis

Business

IsDB approves $603m for three projects

<p>ISLAMABAD: The 306-kilomtre Sukkur-Hyderabad Motorway (M-6) worth $1.7 billion on Tues­day got a boost after Pakistan and Jeddah-based Islamic Devel­opment Bank (IsDB) entered into three financing agreements worth $603 million.</p> <p>The two side

Business

Power generation rises in December

<p>Pakistan recorded 8,488 gigawatt-hours of power generation in December 2025, marking a nine per cent increase compared to the same month last year, according to data released by the National Electric Power Regulatory Authority (Nepra).</p> <p>Outp

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