Fauji Foundation Partners with Binance to Advance Digital Finance in Pakistan
Fauji Foundation, one of Pakistan’s largest and most diversified business groups has taken a major step toward the digital economy by signing a Letter of Intent with Binance, the world’s leading cryptocurrency and blockchain exchange. The agreement signals growing interest from large local institutions in blockchain technology, digital payments, and the Web 3.0 ecosystem. The […]
Pakistan and Russia Explore New Energy Deal to Strengthen Economic Ties
Pakistan and Russia are moving closer to deeper cooperation in the energy sector as talks continue on a possible oil-related agreement between the two countries. Pakistan’s Finance Minister, Muhammad Aurangzeb, confirmed that discussions are underway, focusing on areas where Russia has strong expertise, including oil exploration, production and refining. According to the finance minister, the […]
Toyota Slashes Fortuner Prices, Shaking Pakistan’s Premium SUV Market
Toyota Indus Motor Company has surprised the auto market by sharply reducing prices of its Fortuner SUV in Pakistan. Announced during Toyota’s 35th anniversary celebrations, the limited-time offer has sparked fresh discussion about price stability and buyer confidence in the premium SUV segment. Under the new campaign, Toyota has cut prices of the Fortuner’s petrol […]
Jaecoo J7 Sparks Record Bookings in Pakistan, Boosting Nishat Group’s Auto Venture
The newly launched Jaecoo J7 has received a strong response in Pakistan, signaling promising sales potential for NexGen Auto, the Nishat Group-backed venture. The company, in partnership with China’s Chery Automobile, introduced the Jaecoo and Omoda brands to the Pakistani market in October 2025. The Jaecoo J7 was initially priced at Rs9.99 million and was […]
PSW Extends Post-Payment Facility to SIDC, Easing Cash-Flow Pressure for Traders
Pakistan Single Window (PSW), in coordination with the Federal Board of Revenue (FBR) and Pakistan Customs, has extended the post-payment regime to the Sindh Infrastructure Development Cess (SIDC). Under the new system, traders can now pay the cess after customs clearance instead of making the payment upfront. The decision follows the introduction of post-clearance payment […]
OGRA Cuts RLNG Prices for December, Offering Relief to Consumers
The Oil and Gas Regulatory Authority (OGRA) has announced a reduction in the prices of Re-gasified Liquefied Natural Gas (RLNG) for December 2025. The revised prices will be effective from December 1, 2025, and are expected to provide some relief to RLNG consumers across the country. According to OGRA, the RLNG transmission price for Sui […]
GSK Pakistan Shows Strong Profit Growth Despite Slowing Sales Momentum
GlaxoSmithKline Pakistan Ltd (PSX: GLAXO) has posted mixed financial results, reflecting a wider trend seen across Pakistan’s pharmaceutical sector. While the company has delivered a sharp improvement in profits, recent numbers suggest that demand is not fully keeping pace with higher prices across the industry. According to a briefing by Chase Securities, GSK Pakistan reported […]
Circular Debt Crisis Threatens Pakistan’s Oil and Gas Exploration Investments
Pakistan’s growing circular debt is putting serious pressure on oil and gas exploration companies, limiting their ability to invest in new exploration and development projects. The financial strain has worsened due to cash flow problems caused by gas curtailments, as imported LNG continues to flood the domestic market and reduce demand for locally produced gas. […]