Connect with us

Latest News

The Auto Industry in Pakistan Is Booming: Electric Vehicles Drive the Auto Market’s Growth

Published

on

With the help of the Special Investment Facilitation Council and rising investment trends, Pakistan’s auto industry is expanding remarkably.

Sales of passenger cars have increased by 46.7%, while sales of trucks and buses have grown by an astounding 82%. Likewise, sales of motorbikes and rickshaws have increased by 23.4%, while sales of jeeps and pickups have increased by 60%.

Demand has increased even more with the launch of environmentally friendly electric cars, indicating a positive trend toward sustainable mobility options.

A considerable rise in market confidence and better vehicle financing alternatives are two major factors contributing to this growth. Interest-free financing programs and the state bank of Pakistan’s steady interest rate reductions have greatly increased investor and consumer confidence.

Business

E&P Companies Will Invest $5 Billion in Pakistan’s Petroleum Industry

Published

on

By

Over the next three years, local and foreign companies involved in Pakistan’s oil and gas exploration and production sector have shown a strong desire to invest more than $5 billion in the nation’s energy sector.

Recent changes to the Petroleum Policy and the implementation of an exclusive tight gas policy, which provide better incentives and a more investor-friendly regulatory framework, are credited with the increase in investor confidence.

These strategic changes are expected to boost domestic energy production, open up new avenues for growth, and draw large amounts of both domestic and foreign investment.

Continue Reading

Latest News

PTI Encouraged Chaos and Sabotage: Rana Tanveer

Published

on

By

According to Rana Tanveer Hussain, the federal minister for food security, PTI encouraged violence, disorder, vandalism, and derogatory language in the nation’s politics.

The Minister told the reporters at Muridke that the founder PTI’s anti-nationalism and sabotage tactics are clear.

After Eid, he claimed, there won’t be any opposition movement since their leaders are still considering

According to the Minister, PTI is a tale of the past with a bleak future.

Additionally, he stated that the PTI has a history of flinging insults on one side and pleading on the other.

Rana Tanveer Hussain stated that the courts, not Trump, ought to determine what the PTI founder done to the nation.

Farmers would profit from the deregulation of commodity prices, especially those of wheat, according to the minister.

Continue Reading

Latest News

DPM Restates Abundant Support for the Palestinian Cause

Published

on

By

Senator Muhammad Ishaq Dar, the country’s foreign minister and deputy prime minister, has reiterated Pakistan’s steadfast support for the Palestinian cause.

He made the statement while meeting with his Palestinian counterpart, Dr. Mohammed Mustafa, on the fringes of the Organization of Islamic Cooperation’s Extraordinary Council of Foreign Ministers meeting in Jeddah, Saudi Arabia.

Ishaq Dar reaffirmed Pakistan’s support for the creation of a viable, contiguous Palestinian state with Jerusalem as its capital, based on pre-1967 lines.

Continue Reading

Trending