Pakistan Unveils Indigenous SMASH Hypersonic Missile at World Defense Show 2026

Pakistan showcased a major milestone in its defence technology by unveiling the SMASH hypersonic missile at the World Defense Show 2026 in Riyadh, Saudi Arabia. The weapon was presented by Global Industrial and Defence Solutions (GIDS), a leading defence manufacturer, as part of Pakistan’s efforts to strengthen its naval strike and precision defence capabilities. The […]

Petroleum Sales Rise 10% in January, Indicating Economic Recovery

Pakistan’s petroleum product sales rebounded strongly in January 2026, rising 10% year-on-year (YoY) to 1.52 million tonnes. Compared to December 2025, sales were also up 12% month-on-month (MoM), according to data from the Oil Companies Advisory Council (OCAC) and analysis by Topline Securities and Arif Habib Limited. The increase reflects early signs of economic recovery, […]

Pakistan’s Industrial Expansion Slows Despite Trade Agreements

Pakistan’s industrial sector showed signs of slowing growth in January 2026, despite recent trade agreements aimed at boosting exports and regional economic ties. According to the HBL Pakistan Manufacturing Purchasing Managers’ Index (PMI), the sector’s expansion eased to 51.8, indicating modest growth compared to previous months. Analysts say the slowdown reflects a combination of rising […]

Government Moves to Fast-Track Privatisation of Islamabad Airport and Power Companies

The federal government has decided to speed up the privatisation and outsourcing of major public assets during the current year, including Islamabad International Airport, five electricity distribution companies (DISCOs) and two power generation companies (GENCOs). This was shared with the Senate Standing Committee on Privatisation on Friday. Officials told the committee that after the privatisation […]

SPI Falls Slightly as Food Prices Ease, PBS Data Shows

Pakistan’s Sensitive Price Index (SPI) recorded a small weekly decline of 0.03 percent for the week ending January 29, 2026, mainly due to lower prices of several key food items, according to figures released by the Pakistan Bureau of Statistics (PBS). The decline was largely driven by a sharp fall in potato prices, which dropped […]

K-Electric’s Liabilities to Government Surge Over 50% Amid Tariff Disputes

K-Electric’s outstanding liabilities to government entities have risen sharply, increasing by more than 50 percent during the first half of the fiscal year. According to a recent regulatory filing, the company’s payables grew from Rs. 218 billion to Rs. 329 billion, highlighting ongoing financial and regulatory challenges in the power sector. The significant increase is […]

Pakistan’s Maritime Sector Records Rs. 100 Billion Profit After Major Reforms

Pakistan’s maritime sector achieved a historic milestone in 2025 by posting a record profit of Rs. 100 billion, driven by long-overdue reforms and improved operational efficiency. The Ministry of Maritime Affairs said the strong performance reflects successful efforts to reduce costs, speed up port operations, and implement policies that had remained pending for years. According […]