US Approves $686 Million Upgrade to Keep Pakistan’s F-16 Fleet Combat Ready Until 2040
The United States has approved a $686 million defence package to upgrade Pakistan’s ageing F-16 fighter jets, ensuring they remain fully operational and combat-ready until 2040. The decision is seen as an important step in maintaining Pakistan’s air defence capability in a changing regional security environment. According to officials, the upgrade package includes advanced avionics, […]
Pakistan’s Virtual Assets Authority Grants Conditional Approval to Binance and HTX
Pakistan has taken a major step toward regulating the digital asset sector by granting conditional approval to global crypto platforms Binance and HTX. The Pakistan Virtual Assets Regulatory Authority (PVARA) confirmed that both companies have received No Objection Certificates, allowing them to begin early-stage preparations for future operations in the country. According to PVARA, this […]
IMF Sets New Demands for Pakistan to Improve Governance, Tax System and Power Sector
Pakistan is now facing a fresh set of strict requirements from IMF as part of its ongoing bailout programme. The global lender has introduced 11 new conditions aimed at fixing problems in governance, tax collection, state-owned institutions, and key sectors such as energy and sugar. These additions bring the total number of conditions to 64 […]
Systems Limited to Acquire Confiz Pakistan Through Merger
Systems Limited, one of Pakistan’s major software and technology companies, has announced its plan to acquire Confiz Pakistan (Private) Limited through a merger. The development was disclosed in a notice submitted to the Pakistan Stock Exchange (PSX) on Thursday. The company stated that its Board of Directors approved the acquisition on December 10, 2025, through […]
Car Sales in Pakistan Rise Strongly in First Five Months of FY26
Pakistan’s auto sector has shown a strong recovery, with car sales growing significantly during the first five months of the current fiscal year (July to November FY2025-26). Rising new purchases, improved economic confidence, and the launch of new models have played a major role in boosting demand. According to data released by the Pakistan Automotive […]
Pakistan’s Kinnow Export Season Begins With Strong Early Demand
Pakistan’s kinnow export season for 2025 has started with an encouraging pace, as exporters shipped around 6,000 tonnes of citrus to the Middle East, Sri Lanka, and the Philippines in the first ten days of December. This early momentum reflects strong international demand and builds hope for a promising season ahead. This year’s kinnow production […]
NayaPay Launches Global QR Payments for Pakistanis Through Alipay+ Network
NayaPay has taken a major step in Pakistan’s digital finance sector by introducing global QR payments for its users. This new feature has been launched in partnership with Ant International’s Alipay+ network, giving Pakistanis an easier way to pay while traveling abroad. With this upgrade, NayaPay users can now scan QR codes to make payments […]
Punjab Industries Warn Government as Proposed Power Tariff Hike Threatens Export Sector
Punjab’s industrial community raised strong objections on Monday after several power distribution companies including IESCO, FESCO and LESCO requested a new increase in base electricity tariffs. Industrial groups said the proposal is unjustified and could severely damage the already struggling manufacturing sector, especially textile exporters. Business associations noted that electricity prices have already climbed to […]