LCVs, Vans, Jeeps Manufacturing Records 24.04% Growth in 8 Months
The production of Light Commercial Vehicles (LCVs), vans and jeeps in the country rose by 24.04 percent during the first eight months of fiscal year 2025-26, reflecting the positive impact of government policies aimed at promoting industrial growth and import substitution.
Adil Aziz
CCP enforces order, recovers Rs 40 million Penalty from UDPL, IBL
The Competition Commission of Pakistan (CCP) has successfully enforced its order by recovering a cumulative penalty of Rs 40 million from United Distributors Pakistan Limited (UDPL) and International Brands (Private) Limited (IBL) for entering into an anti-competitive non-compete agreement in violation of Section 4 of the Competition Act, 2010.
Editor
BYD-MMC Delivers 100 Atto 2 Vehicles Across Pakistan in a Single Day
Mega Motor Company (MMC), the official partner of BYD in Pakistan, marked another milestone in the country’s growing New Energy Vehicle (NEV) market by delivering 100 Atto 2 vehicles to customers nationwide in a single day.
Mehfooz
PTML (Ufone) enters 5G race armed with the largest share of the global standard 3.5 GHz spectrum
Pakistani telecom operator, Pak Telecom Mobile Limited (PTML), operating as Ufone, has formally entered Pakistan’s 5G landscape armed with the largest share of the critical 3500 MHz frequency band, a global standard in 5G connectivity. Subject to regulatory approvals, the planned amalgamation of Telenor Pakistan into Ufone is expected to position the combined entity, MergeCo, as the largest spectrum holder in Pakistan’s telecom industry.
SBP Announces Eid Holidays: Banks Shut Friday to Monday
The State Bank of Pakistan (SBP) and all the banks and financial institutions will remain closed for 4 consecutive days from 20 to 23 March, 2026 on account of Eid-ul-Fitr, Sunday and Pakistan Day.
Large-scale manufacturing grows by 10.54pc
The output of the Large Scale Manufacturing Industries (LSMI) recorded a growth of 10.54 per cent during the month of January 2026 as compared to the same month of last year, the Pakistan Bureau of Statistics (PBS) reported.
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.
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.