Business

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Samsung to Establish Pakistan as Regional Mobile Manufacturing and Refurbishment Hub

Samsung to Establish Pakistan as Regional Mobile Manufacturing and Refurbishment Hub

Federal Minister for Commerce Jam Kamal Khan invited Samsung to transform Pakistan into a regional manufacturing, refurbishment and export hub for mobile phones.

EDF, Pak EXIM Partner to Boost SME Exports with Finance and Risk Protection

EDF, Pak EXIM Partner to Boost SME Exports with Finance and Risk Protection

The Export Development Fund (EDF) and the Export-Import Bank of Pakistan (Pak EXIM) on Yesterday signed a Memorandum of Understanding (MoU) to strengthen Pakistan’s export ecosystem by improving access to finance and risk protection for Small and Medium Enterprise (SME) exporters.

BYD Pakistan Receives Its Largest-Ever Shipment of NEVs at Karachi Port For Customer Deliveries

BYD Pakistan Receives Its Largest-Ever Shipment of NEVs at Karachi Port For Customer Deliveries

Mega Motor Company (MMC), the official partner of BYD in Pakistan, announced the arrival of a Roll on/Roll off (RoRo) vessel carrying more than 2000 BYD New Energy Vehicles (NEVs) at the Karachi Port, marking one of the largest consignments of BYD vehicles to arrive in Pakistan to date.

Pakistan joins new global AI body as founding member

Pakistan joins new global AI body as founding member

Pakistan has signed the founding agreement of the World Artificial Intelligence Cooperation Organization (WAICO), becoming one of 29 founding members of the new intergovernmental artificial intelligence (AI) body headquartered in Shanghai.

Textile exports up by 0.26% to over $17.9 bln in FY2025

Textile exports up by 0.26% to over $17.9 bln in FY2025

The textile exports from the country were recorded at US $17.932 billion during July-June 2025-26.

PTCL confirms Nadeem Khan as Chief Executive Officer

PTCL confirms Nadeem Khan as Chief Executive Officer

The Board of Directors of Pakistan Telecommunication Company Limited (PTCL) today confirmed Nadeem Khan as the company’s Chief Executive Officer.

CCP clears Lotte Group’s restructuring involving Pakistan operations

CCP clears Lotte Group’s restructuring involving Pakistan operations

Competition Commission of Pakistan (CCP) has approved a pre-merger application paving the way for an internal restructuring within the South Korean Lotte Group while finding no competition concerns in Pakistan’s food and beverage markets.

BYD Rolls Out Its 17 Millionth New Energy Vehicle, Setting a New Acceleration Record for the Global NEV Industry

BYD Rolls Out Its 17 Millionth New Energy Vehicle, Setting a New Acceleration Record for the Global NEV Industry

BYD celebrated the production of its 17 millionth new energy vehicle (NEV) at its Xi’an plant, with the all-new large flagship family sedan, the Seal 08, marking the milestone vehicle.

ADB Forecasts Slower Asia-Pacific Growth in 2026 Amid Global Energy Crisis

ADB Forecasts Slower Asia-Pacific Growth in 2026 Amid Global Energy Crisis

The Asian Development Bank (ADB) lowered its growth forecast for developing Asia and the Pacific economies to 4.9% for 2026 compared to 5.5% growth in 2025.

InfraZamin-Guaranteed, Bank of Punjab-Led Consortium Announce Financial Close of PKR 4.76 billion 10-Year Islamic Syndicated Financing for Air Link Communication Limited and Select Technologies Limited

InfraZamin-Guaranteed, Bank of Punjab-Led Consortium Announce Financial Close of PKR 4.76 billion 10-Year Islamic Syndicated Financing for Air Link Communication Limited and Select Technologies Limited

A consortium of banks, managed by The Bank of Punjab, together with InfraZamin Pakistan Limited, today announced the successful financial close of a PKR 4.76 billion 10-year Islamic Syndicated Term Finance Facility for Air Link Communication Limited and Select Technologies Limited. The financing consortium comprises Askari Bank Limited, The Bank of Punjab, BankIslami Pakistan Limited,…