OGDCL Discovers New Oil and Gas Reserves in Kohat, Boosting Pakistan’s Energy Outlook
Oil and Gas Development Company Limited (OGDCL), one of Pakistan’s leading exploration and production companies, has announced a new oil and gas discovery in District Kohat, Khyber Pakhtunkhwa. The discovery was made at its exploratory well Baragzai X-01 (Slant), located under the Nashpa Exploration License. OGDCL shared the development in an official notice to the […]
Punjab Launches Pakistan’s Largest Tractor Scheme, Distributes 30,000 Tractors to Farmers
The Punjab government has launched Pakistan’s largest-ever tractor distribution scheme, setting a new national record by providing 30,000 tractors to farmers across the province. The initiative has been introduced under the vision of Pakistan Muslim League-Nawaz (PML-N) leader Muhammad Nawaz Sharif and the leadership of Chief Minister Maryam Nawaz Sharif. According to officials, the scheme […]
Pakistan’s Foreign Exchange Reserves Rise to Over $21 Billion
Pakistan’s total liquid foreign exchange reserves reached $21.012 billion as of December 26, 2025, showing a slight improvement in the country’s external financial position. The latest figures were released by the State Bank of Pakistan (SBP) on Thursday. According to the central bank, foreign exchange reserves held by the SBP stood at $15.915 billion. These […]
Pakistan Plans First Panda Bond Before Chinese New Year
Pakistan is hopeful of issuing its first-ever Panda bond before the Chinese New Year in February 2026, a move described as a major step in strengthening the country’s external financing strategy. The announcement was made by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb during an interview with China Global Television Network. The finance […]
GUGO Brings XPENG Electric Vehicles to Pakistan with G6 SUV and X9 MPV Launch
GUGO has officially introduced XPENG electric vehicles in Pakistan, marking a new step in the country’s growing electric vehicle market. With this launch, Pakistani consumers now have access to two advanced EV models: the XPENG G6 SUV and the XPENG X9 MPV. The XPENG G6 has been launched in three different variants to suit varying […]
Government Considers Higher Taxes on Imported EVs to Cut $9 Billion Import Bill
The government is considering imposing higher taxes on imported EVs to reduce the transport sector’s growing import bill which currently stands at around $9 billion. This was shared during a meeting of the Senate Standing Committee on Industries and Production held on Monday. The meeting was chaired by Senator Khalida Ateeb and attended by Senators […]
Federal Government Transfers Cotton Export Oversight to State Bank of Pakistan
The Federal Government has shifted the responsibility for regulating cotton exports from the Trade Development Authority of Pakistan (TDAP) to the State Bank of Pakistan (SBP). The decision has been formally notified through S.R.O. 2486(I)/2025, issued by the Ministry of Commerce. According to the notification, the changes have been made under the powers granted by […]
Gold and Stocks Lead Investment Returns in Pakistan During 2025
Gold and equities emerged as the best-performing investment options in Pakistan in 2025, offering much higher returns than real estate, fixed-income instruments, and foreign currency holdings. This was revealed in a market review published by Topline Pakistan Research. Gold delivered the strongest performance during the year. Between January 1 and December 24, 2025, gold posted […]