Saigol demands abolition of export cargo charge by Gerry’s Dnata
Lahore Chamber of Commerce and Industry (LCCI) President Faheem ur Rehman Saigol has expressed serious concern over the imposition of a Rs. 50 per kilogram charge on export cargo by Gerry’s Dnata, terming the move unjustified and harmful for Pakistan’s already struggling export sector, and called for its immediate and permanent abolition.
Mehfooz
LUMS Energy Institute Technical Report Charts Pakistan’s Path to a Fully Decarbonised Electricity System by 2040
A new technical study released by the LUMS Energy Institute (LEI) concludes that Pakistan can transition to a clean and largely fossil-free electricity system by 2040 while maintaining affordability, reliability, and long-term energy security.
Editor
HBL PSL 11 Trophy unveiled
The trophy of the HBL Pakistan Super League 11 was unveiled in a ceremony held at the National Bank Stadium in Karachi, marking the beginning of a new era for the country’s marquee T20 tournament.
Banking Shakeup: Citi, StanChart Exit Dubai Offices, HSBC Retreats from Qatar
Citigroup and Standard Chartered have begun evacuating their Dubai offices, telling staff to work from home instead, sources said on Wednesday (Mar 11), as banks step up precautions after Iran threatened Gulf banking interests linked to the US and Israel.
Adil Aziz
SBP allows import of crude oil, petroleum products on CIF basis
The State Bank of Pakistan (SBP), Wednesday, allowed import of crude oil and petroleum products on CIF (Cost, Insurance and Freight) basis for two months, in a bid to ease import of major fuel products for meeting the country’s requirements.
Cars’ sale, production surge 45.53%, 52.31% in 8 months
The sale and production of cars in the country increased by 45.53 percent and 52.31 percent, respectively, during the first eight months of the current fiscal year 2025–26 compared to the same period last year, demonstrating a revival in economic activity and growing consumer confidence in the automobile market.
PTML Acquires 5G Spectrum to Power Pakistan’s Next Generation Digital Economy
Pak Telecom Mobile Limited (PTML), operating under the brand name Ufone, alongside its digital telecom brand onic, and a wholly owned subsidiary of Pakistan Telecommunication Company Limited (PTCL), has successfully acquired 5G spectrum in the Pakistan Telecommunication Authority’s (PTA) 5G spectrum auction held in Islamabad.
Pakistan officially kicks off 5G Spectrum auction
Pakistan formally launched the auction for 5G spectrum, marking the beginning of a new phase in the country’s digital connectivity.