Pakistan’s auto sector experienced a significant decline in February, with overall vehicle sales dropping by 29%. Total sales for the month fell to 12,000 units, down from 16,995 units in January 2025. Passenger vehicle sales saw a sharp decline, falling from 11,868 units to 8,869. Sales of vehicles with engines of 1,300 cc and above […]
Car and motorcycle sales plummet in Pakistan Read More »
Abbottabad: Illegal petrol sales are on the rise in the city and surrounding areas, posing a serious risk of accidents. Petrol is being sold openly in shops without any safety measures, endangering lives and property. Locals have raised concerns and are calling for immediate action to shut down these illegal operations. They warn that if
Illegal petrol sales raise alarm in Abbottabad Read More »
ISLAMABAD: Workers’ remittances to Pakistan totaled $24 billion during the first eight months of the fiscal year 2024-25. In February, monthly inflows rose to $3.12 billion. The State Bank of Pakistan reported that remittances increased by 32.5% from July to February FY25, compared to $18.1 billion in the same period of FY24. In February, remittances
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LAHORE: The Lahore Development Authority (LDA) sealed 43 illegal commercial buildings and commercialisation fee defaulter premises in different parts of city yesterday. The LDA Town Planning Wing sealed 20 properties in Shadman and Shah Jamal and 23 in Allama Iqbal Town for unauthorised commercial use and nonpayment of commercialisation fees. Among the sealed premises were
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KARACHI: The State Bank of Pakistan (SBP) announced its Monetary policy for the next two months on Monday. The interest rate will remain at 12 percent. The State Bank of Pakistan maintained the interest rate policy at 12 percent for the next two months. The State Bank of Pakistan (SBP) unveiled its latest monetary
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BY: AMANULLAH SHINWARI Khyber: A 41-member jirga from Afghanistan is set to arrive today to address the ongoing tensions at the Torkham border between Pakistan and Afghanistan. The jirga, which includes tribal elders, business representatives, and community leaders from both sides, aims to restore trade, reduce tensions, and establish lasting peace. The Torkham border has
Afghan tribal jirga set to arrive today for talks on Torkham border reopening Read More »
ISLAMABAD: China has once again extended financial relief to Pakistan by extending the repayment period of a $2 billion loan to Pakistan by an additional year. Recent reports reveal that China has agreed to postpone the loan repayment, originally due on March 24, in order to help stabilise Pakistan’s economy. This extension will support Pakistan
China rolls over $2bn loan to Pakistan Read More »
PESHAWAR: In a significant move to support the youth of Khyber-Pakhtunkhwa (KP), the Technical Education and Vocational Training Authority (TEVTA) and the Bank of Khyber (BoK) have joined hands to provide interest-free business loans under the provincial government’s Ehsaas Hunar Program. A memorandum of understanding (MoU) to this effect was signed on Thursday, marking a
KP offers 3 billion interest-free loans for skilled youth Read More »
The Pakistan Telecommunication Authority (PTA) Chairman, Major General (retd) Hafeez-ur-Rehman, met with the Starlink team during the GSMA Mobile World Congress 2025 in Barcelona. They discussed registering Starlink in Pakistan and improving digital connectivity, especially in remote areas. The Starlink team explained how their satellite internet could help, and both sides talked about regulations and
Starlink team briefs PTA on satellite internet and regulatory integration Read More »
Pakistan Navy Ship ASLAT participated in the 5th edition of the Multinational Naval Exercise KOMODO-25, hosted by the Indonesian Navy in Bali. The exercise, themed “Maritime Partnership for Peace and Stability,” included navies from 38 countries to boost maritime cooperation and regional security. PNS ASLAT, currently on an Overseas Deployment, showcased Pakistan Navy’s commitment to
Pakistan navy ship ASLAT joins multinational naval exercise in Indonesia Read More »
