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Gold Prices Near Rs. 4.4 Lakh Per Tola Again as Pakistan Sees Fourth Consecutive Increase
Oil Prices Surge Above $95 Per Barrel as US-Iran Tensions Shake Global Energy Markets
FBR Proposes Independent Scrutiny Committees to Ensure Only Strong Tax Cases Reach Higher Courts
Rs. 8.9 Billion Bid Wins Contract for Islamabad’s Largest Cricket Stadium
Mari Energies Rejects $19 Million Lawsuit, Defends Contract Termination Decision

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Gold Prices Near Rs. 4.4 Lakh Per Tola Again as Pakistan Sees Fourth Consecutive Increase

BusinessEconomyNews
bywebdesk

Oil Prices Surge Above $95 Per Barrel as US-Iran Tensions Shake Global Energy Markets

BusinessEconomyNews
bywebdesk

FBR Proposes Independent Scrutiny Committees to Ensure Only Strong Tax Cases Reach Higher Courts

BusinessEconomyNews
bywebdesk

Mari Energies Rejects $19 Million Lawsuit, Defends Contract Termination Decision

Pakistan Winger Ahmad Faraz Gulzari Injured Ahead of Asia Cup Qualifier

Pakistan national football team winger Ahmad Faraz Gulzari has suffered an ACL injury during a training session, dealing a blow to the team ahead of the AFC Asian Cup Qualifiers. Gulzari, who also plays for Melbourne Victory U21, is expected to miss Pakistan’s upcoming March fixture against the Myanmar national football team.

The injury comes at a critical time as Pakistan prepares for the qualifier, with Gulzari being a key attacking option for the squad. Team officials have confirmed that he will undergo medical evaluation and rehabilitation, but he is unlikely to recover in time for the crucial match.

Fans and analysts have expressed concern over Pakistan’s squad depth in the winger position, highlighting the challenge of replacing a player with Gulzari’s pace and experience. The coaching staff is reportedly assessing alternative options to maintain attacking strength in his absence.

This setback adds to Pakistan’s ongoing efforts to improve performance on the international football stage, with the AFC qualifiers serving as a major opportunity for the team to secure a place in Asia’s premier competition

Industry Faces Crisis as High Power Costs and Taxes Threaten Pakistan’s Manufacturing Sector

Pakistan’s manufacturing sector is teetering on the edge, with persistently high energy costs, expensive credit, and heavy taxation raising alarms among business leaders. The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to declare an industrial emergency to prevent further decline.

FPCCI President Atif Ikram Sheikh highlighted the challenges, noting that industrial electricity bills continue to hover around Rs. 34 to Rs. 35 per unit, despite repeated government assurances of relief. He emphasized that these costs, combined with other financial pressures, are pushing manufacturers toward what he described as a systemic collapse.

Sheikh rejected the notion of incremental support packages, arguing that promised reductions, such as power tariffs of Rs. 22 per unit, have yet to materialize for any industrial segment. According to FPCCI, temporary or piecemeal measures are insufficient to address the structural issues facing Pakistan’s industries.

The high cost of energy is just one component of the broader problem. Many manufacturers also face rising interest rates on industrial credit and substantial tax burdens, further straining operational viability. FPCCI warns that without immediate and decisive government intervention, the country could witness a significant slowdown in production, job losses, and reduced export competitiveness.

Industry experts and economists alike stress that a coordinated response is necessary. Measures could include long-term reductions in industrial power tariffs, tax relief for struggling sectors, and more accessible financing options. The FPCCI’s call for an industrial emergency reflects the urgent need to protect a sector that has historically driven economic growth and employment in Pakistan.

As energy prices and financial pressures continue to mount, the coming months may prove critical for the country’s manufacturing base. Business leaders are closely monitoring government actions, emphasizing that delays could have lasting consequences for both domestic production and international trade.

First Lady Aseefa Bhutto Zardari Visits Military Hospital Micro School in Bahrain, Meets Princess Sabeeka

First Lady Bibi Aseefa Bhutto Zardari recently visited the Military Hospital Micro School at King Hamad University Hospital in Manama, Bahrain. The initiative supports hospitalized children by integrating education into their paediatric care, allowing young patients to continue academic learning while undergoing treatment.

During her visit, Aseefa Bhutto observed interactive classrooms and state-of-the-art educational facilities, noting how the program combines academic development with emotional and therapeutic support. She engaged with both staff and students, highlighting the importance of creating a nurturing environment that fosters resilience and a sense of normalcy for children during their hospital stay.

In addition to her visit to the Micro School, the First Lady met Princess Sabeeka bint Ibrahim Al Khalifa, wife of the King of Bahrain and President of the Supreme Council for Women (SCW), at the Council’s headquarters. The two leaders discussed strategies for women’s empowerment, inclusive development, and strengthening institutional frameworks to support women and families.

Aseefa Bhutto praised Bahrain’s pioneering initiatives and long-standing achievements in advancing women through policy-driven programs and effective institutional leadership under the SCW. She expressed admiration for Princess Sabeeka’s decades of dedicated service, noting her global impact as an inspiring example for women’s leadership and public service.

The First Lady also shared updates on Pakistan’s ongoing and future initiatives for women’s empowerment, particularly highlighting Sindh’s flagship recovery program following the 2022 floods. Under the leadership of Chairman Bilawal Bhutto Zardari, 2.1 million climate-resilient homes have been constructed, with ownership titles transferred to women, reinforcing their social and economic security.

Both leaders emphasized a shared commitment to inclusive development, community resilience, and programs benefiting children and families. The meeting was attended by prominent Bahraini leaders including Dr. Sheikha Mariam bint Hasan Al Khalifa, Sheikha Hessa bint Khalifa Al Khalifa, Sheikha Nayla bint Hamad Al Khalifa, and Minister Amna bint Ahmed Al-Rumaihi.

This visit underscores Pakistan’s commitment to education, women’s empowerment, and collaborative international initiatives aimed at enhancing social well-being and resilience.

Government Issues Alert on Critical Security Bug Hackers Use to Access Company Data

The government has issued a serious cybersecurity warning after identifying a critical software vulnerability that could allow hackers to gain full control of organizational systems. The National Computer Emergency Response Team (National CERT) has advised public and private sector organizations to take immediate action to secure their infrastructure against a severe flaw found in the open-source workflow automation platform n8n.

According to the advisory, the vulnerability has been tracked as CVE-2026-21858 and has been assigned a maximum Common Vulnerability Scoring System (CVSS) score of 10.0. This rating indicates the highest level of severity, meaning the flaw can be exploited easily and has potentially devastating consequences for affected systems.

National CERT explained that the issue involves a remote code execution weakness that can be exploited by unauthenticated attackers. This means that hackers do not need valid login credentials to launch an attack. By exploiting the flaw, an attacker can execute arbitrary commands on the target system, effectively gaining complete administrative control remotely.

Cybersecurity experts warn that such vulnerabilities are especially dangerous for organizations that rely on automation tools like n8n to manage internal workflows, data transfers, and system integrations. Once compromised, attackers could access sensitive company data, disrupt business operations, deploy ransomware, or use the affected systems as a launchpad for further attacks across the network.

The advisory highlights that open-source platforms are increasingly targeted due to their widespread adoption and integration into critical business processes. While open-source tools offer flexibility and cost advantages, they also require consistent security monitoring and timely patch management to prevent exploitation.

National CERT has urged organizations using n8n to immediately assess their systems, apply available security updates, and restrict network exposure where possible. In cases where patches are not yet applied, organizations are advised to implement temporary mitigation measures such as limiting public access, enforcing strict firewall rules, and closely monitoring system logs for suspicious activity.

The warning comes amid a broader rise in cyberattacks targeting enterprises, government bodies, and service providers. Remote code execution flaws are particularly attractive to threat actors because they provide direct system access without requiring user interaction. Security analysts note that attackers often exploit such vulnerabilities within hours of public disclosure, making rapid response essential.

Officials stressed that cybersecurity is a shared responsibility and that delayed action could result in significant data breaches, financial losses, and reputational damage. Organizations handling sensitive customer or operational data face even greater risks if vulnerabilities remain unpatched.

The government has encouraged IT teams and system administrators to remain vigilant, follow official advisories, and strengthen their overall security posture. Regular vulnerability assessments, timely updates, and awareness of emerging threats are seen as critical steps in reducing exposure to high-impact cyber risks like CVE-2026-21858.

National Savings Announces Rs. 750 Prize Bond Draw Results for January 2026

The National Savings Centre in Peshawar has officially announced the results of the Rs. 750 prize bond draw for January 2026, bringing anticipation and excitement to thousands of bondholders across Pakistan. Prize bond draws continue to remain a popular savings-linked scheme, offering citizens a chance to win substantial cash prizes while keeping their investments secure.

According to the announced results, the first prize of Rs. 1.5 million was won by prize bond number 809258. This top prize represents the highest reward offered in the Rs. 750 prize bond category and often attracts widespread interest from investors and small savers alike.

In addition to the first prize, three second prizes worth Rs. 500,000 each were also declared. The winning bond numbers for the second prize are 488890, 746418, and 748328. These prizes provide significant financial relief and opportunity for winners, reinforcing the appeal of prize bonds as a savings instrument.

Prize bonds issued by National Savings are backed by the federal government and are considered a low-risk investment option. Unlike conventional savings accounts, prize bonds do not offer regular interest. Instead, bondholders participate in quarterly draws where they stand a chance to win cash rewards without losing their principal investment.

The Rs. 750 prize bond is particularly popular among middle-income savers due to its affordable denomination and relatively attractive prize structure. Many investors hold multiple bonds to increase their chances of winning, while others view prize bonds as a convenient way to park funds safely for the long term.

National Savings regularly conducts prize bond draws under a transparent mechanism to maintain public trust. Each draw is conducted in the presence of officials, and results are promptly shared with the public to ensure credibility and accountability.

Bondholders are advised to carefully verify their bond numbers against the official draw results. Winners can claim their prizes through designated National Savings offices or authorized branches after fulfilling required documentation and tax formalities. It is also important to note that prize money is subject to withholding tax as per prevailing government regulations.

As economic uncertainty continues to influence personal financial decisions, prize bonds remain a preferred choice for many Pakistanis seeking a balance between security and opportunity. The January 2026 Rs. 750 prize bond draw once again highlights the enduring relevance of National Savings schemes in the country’s financial landscape.


Did Pakistan Improve on the Latest Henley Passport Index? The Reality Behind the Claims

Pakistan’s passport recently became a subject of public discussion after Interior Minister Mohsin Naqvi stated on social media that its global ranking had improved dramatically, jumping from 126th to 98th. The statement was widely shared and amplified by several news outlets, creating the impression that Pakistani passport holders now enjoy significantly better global mobility.

However, a closer look at the official data from the 2026 Henley Passport Index presents a more nuanced and less optimistic picture.

According to the latest Henley Passport Index, Pakistan is currently ranked 98th in the world. While this number appears to suggest an improvement, Pakistan is tied at this position with Yemen, making it jointly the fourth weakest passport globally. Only Iraq, Syria, and Afghanistan rank lower.

In practical terms, Pakistani passport holders can travel visa-free or obtain a visa-on-arrival to just 31 countries. This figure has not changed since October 2025, indicating that there has been no real expansion in visa-free access or travel privileges.

The widely circulated claim that Pakistan climbed from 126th to 98th is also factually incorrect. Historical Henley data shows that Pakistan’s lowest ranking over the past two decades was 113th in 2021. At no point was Pakistan ranked 126th on the index.

Part of the confusion stems from how the Henley Passport Index is structured. Multiple countries often share the same rank due to identical visa-free access scores. As a result, when rankings shift slightly, it can appear as though a country has made a large leap, even when the actual change is marginal.

In Pakistan’s case, the movement from around 102nd to 98th reflects a minor numerical adjustment rather than a meaningful improvement in global mobility. The number of destinations accessible without a prior visa remains unchanged, which is the core metric that truly matters to travelers.

Despite the optimistic messaging, Pakistan’s passport continues to rank among the weakest in the world. The underlying challenges affecting global mobility, including diplomatic relations, economic stability, and international trust, remain largely unaddressed.

While incremental changes in rankings may offer symbolic reassurance, they do not translate into tangible benefits for ordinary citizens. Without an increase in visa-free destinations or simplified travel access, claims of major improvement risk overstating the reality.

In summary, although Pakistan’s passport is now listed at 98th on the Henley Passport Index 2026, there has been no actual enhancement in travel freedom. The global standing remains largely the same, underscoring the need for long-term policy reforms rather than headline-driven optimism.


2025 Ranked Third Hottest Year on Record as Climate Monitors Warn of Accelerating Warming

Global climate monitoring agencies have confirmed that 2025 was the third hottest year ever recorded, continuing an alarming trend of rising temperatures with little indication of near-term relief. According to leading climate data providers, the planet has now experienced its eleven warmest years consecutively, underscoring the accelerating pace of global warming.

New assessments released by the Copernicus Climate Change Service and the US-based research group Berkeley Earth place 2024 as the hottest year on record, followed by 2023, with 2025 close behind. Together, the findings paint a stark picture of a climate system under increasing strain.

For the first time, average global temperatures over a three-year period have exceeded 1.5 degrees Celsius above pre-industrial levels. Copernicus reported that the 2023–2025 average crossed this symbolic threshold, a development that scientists have long warned could significantly heighten the risks of extreme weather, sea-level rise, and ecosystem disruption.

Researchers at Berkeley Earth described the recent temperature spike as unusually intense. They noted that warming observed between 2023 and 2025 suggests a possible acceleration in the rate at which the planet is heating, beyond what would typically be expected from long-term greenhouse gas trends and natural climate variability alone.

The 1.5-degree target is central to the 2015 Paris Agreement, which aims to limit global warming to well below 2 degrees Celsius while pursuing efforts to keep it at 1.5 degrees. However, global leaders have increasingly acknowledged the difficulty of meeting this goal. UN Secretary-General Antonio Guterres previously warned that breaching the threshold may now be unavoidable, though rapid emission cuts could still limit the duration and severity of the overshoot.

Copernicus has cautioned that the 1.5-degree level could be reached permanently by the end of this decade, far earlier than previously projected. In 2025, global temperatures averaged around 1.47 degrees above pre-industrial levels, following approximately 1.6 degrees in 2024.

The World Meteorological Organization reported that while some datasets ranked 2025 as the second warmest year, the majority placed it third. Despite minor differences, all datasets confirmed that recent years have been exceptionally hot, even with the presence of cooling La Niña conditions.

Climate impacts were widespread. Berkeley Earth estimated that around 770 million people experienced record-high annual temperatures where they live. No region recorded a record-cold annual average, while Antarctica saw its warmest year ever and the Arctic its second hottest.

Looking ahead, scientists warn that 2026 is unlikely to bring respite. Copernicus officials noted that if El Niño conditions emerge, the coming year could again challenge temperature records. Berkeley Earth expects 2026 to rank among the four warmest years since modern record-keeping began in the mid-19th century.

The findings arrive amid slowing progress on emissions reductions in several developed countries, adding urgency to calls for coordinated global action. Climate scientists stress that while natural factors play a role, human-driven greenhouse gas emissions remain the primary force behind the relentless rise in global temperatures.

Hydrogen-Powered Aircraft Unlikely Before Next Century, Says Safran Chief

Hydrogen-powered airplanes, often promoted as a future solution to reduce aviation’s carbon footprint, are unlikely to become a practical reality in the near term, according to the head of France’s leading aircraft engine maker Safran. The assessment casts fresh doubt on ambitious timelines set by parts of the aviation industry to transition away from fossil fuels.

Speaking before a French parliamentary committee, Safran Chief Executive Olivier Andries said hydrogen aviation technology is more suited to the next century rather than the coming decades. His remarks underline the scale of technical, economic, and infrastructure challenges still facing the concept.

Hydrogen has attracted attention across the aviation and automotive sectors because burning it produces only water, offering a theoretical pathway to eliminating greenhouse gas emissions from flight. However, Andries emphasized that theory and real-world deployment remain far apart. While Safran already has engines that can technically run on hydrogen, he said the broader ecosystem required to support hydrogen-powered aircraft is far from ready.

One of the most significant obstacles lies in storage. Liquid hydrogen must be kept at extremely low temperatures, around minus 253 degrees Celsius, and even then it occupies roughly four times the space of conventional jet fuel. According to Andries, this alone makes hydrogen incompatible with existing aircraft designs, which are optimized around kerosene-based fuel systems.

Adopting hydrogen would therefore require a complete rethink of aircraft architecture, along with massive investment in airport infrastructure worldwide. Storage facilities, refuelling systems, safety protocols, and supply chains would all need to be built from scratch, requiring billions of euros in funding and years of coordinated global effort.

Andries cautioned policymakers against pursuing ideas that do not align with the current aviation ecosystem. He stressed that technological transitions must be realistic and compatible with existing systems if they are to succeed at scale.

Pan-European aircraft manufacturer Airbus has been among the most vocal proponents of hydrogen-powered planes, targeting entry into service around the 2040s. However, Airbus itself acknowledged last year that progress has been slower than initially hoped, reflecting the complexity of the challenge outlined by Safran.

Beyond technology, Andries also questioned whether limiting air travel is a viable strategy for cutting emissions. He noted that global demand for flying continues to rise despite growing awareness of climate change. More than five billion people traveled by air last year, and airline industry revenues have already surpassed pre-pandemic levels by around 20 percent.

According to Andries, the growth trajectory of aviation remains strong, particularly in emerging economies. He cited India’s expanding middle class as an example of populations eager to fly, suggesting that environmental concerns have yet to significantly curb global air traffic growth.

While the aviation sector has committed to reducing emissions to half of 2005 levels by 2050, Andries’ comments highlight the tension between climate ambitions and market realities. His remarks suggest that while hydrogen may eventually play a role in aviation, near-term emissions reductions are more likely to come from efficiency gains, sustainable aviation fuels, and incremental technological improvements rather than a rapid shift to hydrogen-powered aircraft.

Ziarat Pir Hassan Shah Island to Be Developed as Eco-Tourism Hub Near Karachi

The federal government has announced plans to transform Ziarat Pir Hassan Shah Island, located off the Karachi coast, into a modern eco-tourism hub aimed at boosting sustainable development and coastal economic activity. The announcement was made by Junaid Anwar Chaudhry, Federal Minister for Maritime Affairs, who outlined an ambitious vision for the island’s future.

According to the minister, a comprehensive eco-friendly tourism project will be launched on Ziarat Pir Hassan Shah Island, focusing on nature-based tourism, sports, and lifestyle facilities. The initiative is expected to attract significant private and public investment while ensuring environmental protection remains a core priority.

Junaid Anwar Chaudhry said the development project is likely to bring in billions of rupees in investment, with more than Rs 1 billion earmarked specifically for initial infrastructure and development work on the island. He added that the project reflects the government’s broader strategy to unlock the economic potential of Pakistan’s coastal belt.

One of the most significant aspects of the plan is improved connectivity. The island will be linked to Karachi’s District East through a dedicated road network, making access easier for tourists, investors, and local residents. Officials believe that improved accessibility will play a key role in turning the island into a viable tourism destination.

The minister emphasized that better access would also translate into employment opportunities for nearby communities. From construction and transport to hospitality and recreational services, the project is expected to generate new jobs and support local livelihoods, contributing directly to economic growth in the region.

Environmental sustainability, he assured, will remain central to the development plan. The project will follow eco-friendly principles designed to protect the fragile coastal and marine ecosystem. Authorities aim to balance tourism development with conservation, ensuring that natural resources are preserved for future generations.

Junaid Anwar Chaudhry described the initiative as part of a long-term vision to convert Pakistan’s coastline into an economic engine. He said projects like Ziarat Pir Hassan Shah Island highlight the country’s potential to benefit from the blue economy, which focuses on sustainable use of ocean and coastal resources for growth, employment, and environmental health.

The island’s transformation into an eco-tourism hub is expected to include recreational facilities, sports activities, and lifestyle-oriented infrastructure, all designed to attract both domestic and international visitors. Officials believe that such projects can diversify Pakistan’s tourism offerings beyond traditional destinations.

As planning moves forward, stakeholders from both the public and private sectors are expected to be engaged to ensure smooth execution. The government hopes that Ziarat Pir Hassan Shah Island will emerge as a model for sustainable coastal development, setting a benchmark for future eco-tourism initiatives across the country.


Pakistan Signs MoU With World Liberty Financial to Strengthen Digital Payments and Fintech Ecosystem

Pakistan has taken another step toward strengthening its digital financial landscape by signing a Memorandum of Understanding with SC Financial Technologies LLC, an affiliated entity of World Liberty Financial. The agreement is aimed at expanding cooperation in digital financial services and accelerating the country’s shift toward modern, technology-driven payment systems.

The MoU was signed between the Ministry of Finance and SC Financial Technologies LLC. The signing was carried out by the Federal Minister for Finance and the Chief Executive Officer of SC Financial Technologies, reflecting a high-level commitment from both sides to advance the partnership.

The signing ceremony was attended by Asim Munir, highlighting the strategic importance the government is placing on digital finance and economic modernization. Officials described the presence of senior leadership as a signal of strong institutional backing for reforms in the financial sector.

Following the signing, a delegation from SC Financial Technologies also met with Shehbaz Sharif to discuss broader cooperation in fintech, digital payments, and financial inclusion. The meeting focused on aligning international expertise with Pakistan’s domestic priorities in the digital economy.

Under the MoU, World Liberty Financial will collaborate with Pakistan on developing advanced digital payment solutions, including cross-border digital payment systems. These initiatives are expected to support faster, cheaper, and more transparent transactions, particularly for remittances and international trade, areas that are critical to Pakistan’s economy.

Officials said the partnership aims to strengthen Pakistan’s fintech ecosystem by encouraging innovation, improving regulatory frameworks, and expanding access to digital financial services. Greater financial inclusion remains a key objective, with millions of Pakistanis still underserved by traditional banking systems.

As part of its broader digital finance strategy, the government has also decided to expand cooperation with leading global fintech institutions. Discussions are expected to begin on the potential use of stablecoins within Pakistan’s financial system, a move that could further modernize payment infrastructure while ensuring regulatory oversight.

In a related development, the Pakistan Virtual Asset Regulatory Authority, which was recently established, issued No Objection Certificates to Binance and HTX on December 12. These approvals allow both platforms to initiate local incorporation in Pakistan.

According to the authority, early approvals were granted after reviewing the governance, compliance, and risk management controls of both exchanges. The clearances enable them to register under the Anti-Money Laundering framework, establish local operations, and prepare full regulatory applications.

Experts believe these developments signal a coordinated push by Pakistan to position itself as a regulated and innovation-friendly destination for digital finance. By combining global partnerships with new regulatory institutions, the government aims to build trust, attract investment, and integrate Pakistan more deeply into the global digital economy.

Pakistan’s Automotive Industry Accelerates With 46% Sales Growth in First Half of Fiscal Year

Pakistan’s automotive industry has staged a strong comeback in the first half of the current fiscal year, recording a robust 46 percent increase in vehicle sales compared to the same period last year. The surge reflects improving market sentiment and renewed consumer interest, according to fresh data released by the Pakistan Automotive Manufacturers Association.

Between July and December, total vehicle sales reached 88,322 units, signaling a broad-based recovery across multiple segments of the industry. Analysts say this rebound comes after a prolonged slowdown driven by high inflation, rising interest rates, and supply chain disruptions in previous years.

One of the strongest performances was seen in the Jeep and pickup segment, where sales jumped by 58 percent to 22,412 units. The rise highlights growing demand for both personal and light commercial vehicles, particularly in urban centers and expanding suburban markets.

The commercial vehicle segment also showed remarkable improvement. Truck sales more than doubled, posting a 106 percent increase to 3,071 units, while bus sales rose 52 percent to reach 461 units. Industry observers link this trend to increased economic activity, infrastructure development, and higher demand for logistics and public transport solutions.

The two-wheeler segment, which includes motorcycles and rickshaws, continued to play a critical role in driving volumes. Sales in this category increased by 33 percent, with total units sold reaching 921,566. Motorcycles remain the primary mode of transport for millions of Pakistanis, and rising demand reflects both affordability and easing financing conditions.

Not all segments, however, shared in the recovery. Tractor sales declined by 26 percent, falling to 12,929 units during the same period. This drop points to weaker demand in the agricultural machinery market, likely influenced by pressures on the farming sector and higher input costs.

Experts attribute the overall growth in auto sales to a combination of factors, including improving consumer confidence, more accessible financing, and a gradual stabilization of the broader economy. Easier availability of auto loans has been particularly important in reviving demand.

Supporting this trend, banking data shows that auto financing in Pakistan rose sharply in recent months. In October 2025, total auto loans climbed to Rs315 billion, marking a 33 percent increase compared to Rs236 billion in the same month last year. On a month-on-month basis, financing also grew by 3.5 percent from September levels.

Bankers and analysts largely credit the rebound in auto financing to a significant reduction in interest rates. Since mid-2024, the policy rate has been cut from 22 percent to 11 percent, substantially lowering borrowing costs and making vehicle purchases more affordable for consumers.

The government has also taken steps to support the sector. In May 2024, Prime Minister Shehbaz Sharif directed relevant authorities to implement a deletion policy aimed at strengthening local manufacturing and reducing reliance on imports.

With sales momentum building and financing conditions remaining favorable, industry players are cautiously optimistic about the months ahead. The latest figures suggest that if economic stability and supportive policies continue, Pakistan’s automotive industry could sustain its recovery and enter a new phase of growth.

Will Pakistan’s Internet Slow Down on January 15? PTA Clears the Air

Concerns about a possible internet slowdown across Pakistan on January 15 have been firmly dismissed by the Pakistan Telecommunication Authority, which has termed circulating claims as baseless and misleading. The clarification comes after widespread speculation on social media sparked anxiety among users about potential disruptions to online services.

In an official statement, the PTA confirmed that there are no plans to suspend or throttle internet connectivity anywhere in the country on January 15. Officials emphasized that Pakistan’s internet infrastructure is operating normally and remains fully stable for both residential and commercial users.

The telecom regulator specifically addressed concerns related to upstream connectivity. According to the PTA, the primary international links of major service providers, including PTCL and Transworld, are functioning without any issues. This assurance was meant to counter rumors suggesting that international bandwidth constraints could lead to slower speeds.

The authority acknowledged that routine maintenance work on a submarine cable is scheduled around this period. However, it stressed that such maintenance is part of standard operational procedures and has been planned in a way that ensures no impact on consumer internet performance. PTA officials stated that adequate redundancy and backup arrangements are already in place to handle traffic smoothly.

“Users will not face any difficulty while using internet services,” the PTA said, adding that all necessary measures have been taken to ensure uninterrupted connectivity during the maintenance process. The regulator also noted that Pakistan’s internet traffic is continuously monitored to maintain service quality nationwide.

The clarification was issued after unverified claims gained traction online, leading many users to fear service outages or speed reductions. The PTA urged citizens to rely only on official announcements and avoid sharing speculative or unconfirmed information that can cause unnecessary panic.

Alongside addressing internet-related rumors, the PTA has recently stepped up its consumer awareness efforts on digital safety. On January 11, the authority issued an alert warning citizens about fake calls and fraudulent UAN numbers being used by scammers impersonating government institutions.

In an awareness video released for the public, the PTA cautioned that scammers are posing as officials from the PTA, the FIA, and even banks to deceive users. The regulator reiterated that no government organization ever asks for sensitive information such as one-time passwords (OTP), PIN codes, identity card numbers, or biometric details over calls or messages.

The authority advised consumers to remain vigilant and verify any suspicious communication strictly through official government channels. It also reminded users to ensure responsible use of mobile connections by using only SIM cards registered in their own names.

According to the PTA, misuse of SIMs registered on someone else’s identity is a violation of regulations, and any unlawful activity conducted through a registered number remains the responsibility of the registered individual. This includes calls, messages, and data usage.

By addressing both connectivity concerns and digital fraud risks, the PTA aims to reassure users while promoting responsible and informed use of telecom services. For now, internet users across Pakistan can expect normal service on January 15, with no slowdown or disruption anticipated.

Chery Tiggo 8 PHEV Price Revealed in Pakistan as Flagship Hybrid SUV Enters Market

Chery Pakistan has officially announced the price of its flagship hybrid SUV, the Chery Tiggo 8 PHEV, marking a major step forward for the country’s growing electrified vehicle segment. After being showcased at the Pakistan Auto Show in Karachi last year, the seven-seat SUV is now available nationwide at a price of Rs. 10,999,000.

The announcement positions the Tiggo 8 PHEV as one of the most technologically advanced hybrid SUVs currently offered in Pakistan. Designed to blend luxury, performance, and efficiency, the model targets buyers looking for premium comfort without compromising on power or driving range.

At the heart of the Tiggo 8 PHEV is a high-output hybrid powertrain that delivers an impressive 543 horsepower and 830 Nm of torque. This setup places the SUV among the most powerful vehicles in its category locally. The vehicle is equipped with an 18.3 kWh battery, offering up to 77 kilometers of electric-only driving, making it suitable for daily urban commutes without consuming fuel.

When operating in hybrid mode, the Tiggo 8 PHEV delivers a combined driving range of approximately 1,020 kilometers, significantly reducing range anxiety for long-distance travel. The SUV also supports fast charging at up to 40 kW DC, allowing the battery to recharge from 30 percent to 80 percent in just 20 minutes, a feature that adds to its practicality for busy users.

Inside the cabin, Chery has focused heavily on comfort and premium technology. The Tiggo 8 PHEV features a large 15.6-inch 2.5K infotainment display, paired with a Sony 12-speaker sound system for an immersive audio experience. A panoramic sunroof, ambient lighting, and dual-zone climate control further enhance the upscale feel of the interior.

Passenger comfort is reinforced through ventilated and electrically adjustable seats, making the SUV well-suited for both daily use and longer family journeys. With its three-row seating layout, the Tiggo 8 PHEV caters to households looking for space without stepping into the full-size SUV category.

Safety has been given equal importance in the flagship offering. The vehicle comes equipped with 10 airbags, a comprehensive suite of advanced driver assistance systems, and a 360-degree camera. These features are designed to provide enhanced awareness and protection, aligning the model with international safety expectations.

According to Chery Pakistan, bookings for the Tiggo 8 PHEV will open on January 15 and remain available until January 31, with a required down payment of Rs. 5,000,000. Deliveries are scheduled to begin from April 26, 2026, giving early adopters a clear timeline.

Looking ahead, Chery has also indicated that pricing for its Tiggo 7 and Tiggo 9 series will be revealed in the coming months. This move is expected to complete the brand’s hybrid and SUV lineup, further intensifying competition in Pakistan’s rapidly evolving automotive market.

Jetour Confirms Launch of T1 and T2 SUVs in Pakistan, Expanding Its Local Lineup

Jetour Pakistan has confirmed that two new sport utility vehicles, the Jetour T1 and Jetour T2, will soon be introduced in the Pakistani market. The announcement comes shortly after the brand’s recent entry with the Jetour X70 Plus and Jetour Dashing, signaling an aggressive expansion strategy in the country’s competitive SUV segment.

In an official statement, Jetour described the upcoming T1 and T2 as globally tested SUVs, each designed to cater to different driving preferences and lifestyle needs. While both models fall under the SUV category, the company emphasized that their design language, performance orientation, and feature sets are distinct, offering buyers more choice within the Jetour portfolio.

The Jetour T1 is positioned as a versatile and capable SUV, blending urban comfort with off-road readiness. It is powered by a 2.0-liter turbocharged engine that produces 254 horsepower and 390 Nm of torque, paired with an 8-speed automatic transmission. With 200 mm of ground clearance and a water wading depth of up to 600 mm, the T1 is clearly aimed at drivers who want confidence beyond paved roads.

On the exterior, the T1 features a panoramic sunroof, 19-inch alloy wheels, and LED matrix headlights that enhance both aesthetics and visibility. Inside the cabin, the SUV offers a premium experience with a 15.6-inch touchscreen display, heated front seats, a 50W wireless charging pad, and an electrically adjustable front passenger seat. Dual-layer sunproof glass has also been added to reduce heat and glare, a feature well-suited for local climate conditions.

Jetour has highlighted safety and structural strength as a core focus of the T1. The vehicle uses a steel cage body structure with integrated laser welding and more than 85 percent high-strength steel. Drivers can choose from seven driving modes, including Highway, Snow, Mud, Rock, Sport, Sand, and Economic, allowing the SUV to adapt to a wide range of terrains.

The Jetour T2, meanwhile, leans more toward a rugged and technology-driven profile. Measuring 4,785 mm in length with a 2,800 mm wheelbase, the T2 offers a spacious footprint. It is also powered by a 2.0-liter turbocharged engine delivering 390 Nm of torque, mated to a 7-speed dual-clutch transmission.

Designed with off-road capability in mind, the T2 boasts a 39-degree approach angle, a 25-degree ramp angle, and a 30-degree departure angle. Inside, the SUV is equipped with a 15.6-inch high-resolution touchscreen, a Sony sound system, and a Snapdragon 8155 smart chip that supports advanced infotainment and vehicle functions. Features such as ventilated seats, adaptive cruise control, and automatic emergency braking further enhance its appeal.

Jetour Pakistan has not yet disclosed pricing or an official launch date for the T1 and T2. However, the confirmation alone has generated interest among SUV buyers, especially as competition intensifies in the mid-to-premium segment. Industry observers believe these launches could strengthen Jetour’s position as a serious contender in Pakistan’s growing SUV market.

REVOO Launches A11 LFP and A12 LFP Lithium Electric Bikes in Pakistan

REVOO, a global electric mobility brand under Transsion Holdings, has officially introduced its lithium-powered electric bikes, the REVOO A11 LFP and REVOO A12 LFP, in Pakistan. This marks the first global launch of these models and highlights Pakistan’s growing importance in REVOO’s international expansion strategy.

The launch reflects a major step forward in Pakistan’s electric vehicle ecosystem, as REVOO brings advanced lithium iron phosphate (LFP) battery technology to local consumers. Both models are equipped with fast-charging lithium batteries that can be fully charged in approximately three to three and a half hours, making them practical for daily urban use.

To reinforce consumer confidence, REVOO is offering a 36-month warranty on the battery and a 24-month warranty on the motor. This extended coverage positions the brand strongly in a market where reliability and after-sales assurance play a key role in purchasing decisions.

Introduced under the campaign slogan “Reborn in Lithium,” the A11 LFP and A12 LFP are upgraded versions of REVOO’s popular graphene-powered electric bikes. While retaining the durability and dependability that made the earlier models successful, the lithium variants deliver noticeable improvements in performance, safety, and long-term usability.

Speaking at the launch, Kyle Zhang, Country Head of REVOO Pakistan, emphasized the strategic significance of the market. He said Pakistan holds a special place in REVOO’s global vision, and launching lithium technology here first reflects the company’s confidence in local consumers and its commitment to offering advanced mobility solutions.

The REVOO A11 LFP has been positioned as a practical option for daily commuting and single-rider use. It offers a speed range of 35 to 45 kilometers per hour and an estimated riding range of 75 to 90 kilometers per charge, depending on riding conditions. Powered by a 1000W motor, the bike features front and rear hydraulic suspension, making it suitable for routine city travel.

The REVOO A12 LFP, on the other hand, has been designed with family use in mind. It delivers a similar top speed of 35 to 45 kilometers per hour but offers a slightly higher riding range of 80 to 100 kilometers per charge. The model includes front disc and rear drum brakes, hydraulic suspension on both ends, 150 millimeters of ground clearance, and under-seat storage, catering to everyday household commuting needs.

Industry observers see the introduction of lithium-powered electric bikes as a timely development, especially amid rising fuel costs and increasing interest in sustainable transportation. REVOO’s move is expected to accelerate the shift toward electric mobility by offering faster charging, longer battery life, and lower running costs.

REVOO has also confirmed plans to further expand its lithium-based lineup in Pakistan. Additional models, including Y04, Y06, and B12, are expected to be introduced in the coming months, strengthening the brand’s footprint in the country’s evolving EV market.

Olayinka H. Babalola Calls on Rotary Members to Create Lasting Impact Through Inclusion and Action

Rotary International President-elect Olayinka H. Babalola has urged Rotary members worldwide to focus on creating lasting impact by fostering inclusive clubs, delivering meaningful projects, and allowing Rotary service to transform them personally. His message was delivered during Rotary’s International Assembly held on January 12 in Orlando, Florida.

Addressing district leaders from around the world, Babalola reflected on how Rotary is not only about changing communities but also about shaping individuals. He emphasized that while Rotary often speaks about global goals such as eradicating polio and promoting peace, it is equally important to recognize how Rotary transforms its members from within.

Babalola, a member of the Rotary Club of Trans Amadi in Nigeria, shared personal reflections from his early years in Rotaract. He explained that joining as a teenager expanded his worldview beyond what he described as a limited and privileged outlook. Witnessing his club’s work in teaching literacy and empowering communities helped him understand the deeper purpose of service.

According to Babalola, change alone is not enough. He stressed that real success lies in impact, which continues long after a project ends. He highlighted Rotary initiatives that have delivered sustainable results, including early childhood education programs in Knysna, South Africa, where women were empowered to establish and manage education centers that will serve generations to come.

President-Elect Olayinka Babalola’s 2026-27 Presidential Message

He also pointed to the Together for Healthy Families initiative in Nigeria, which received a $2 million Rotary Programs of Scale grant in 2022. The project significantly improved access to prenatal care, reduced maternal and neonatal mortality rates, and strengthened community trust in healthcare systems. Babalola noted that such efforts demonstrate how Rotary projects can reshape lives for decades.

A key part of his address focused on inclusion and hospitality within Rotary clubs. Babalola recalled a discouraging experience from his youth when he was made to feel unwelcome while seeking to join a Rotary club. Although progress has been made since then, he cautioned that some clubs still fail to fully embrace newcomers, young people, and those with diverse perspectives.

He urged Rotary members to reflect on how their behavior and attitudes can influence whether someone feels inspired to join or discouraged from continuing their Rotary journey. According to him, every interaction at a meeting or service project carries the potential to shape a person’s lifelong connection with Rotary.

RI Presidential Theme for year 2026-27

Babalola also encouraged Rotary leaders to push beyond past achievements. He called on districts to examine previous successes in fundraising, membership growth, and service delivery, and then challenge themselves to exceed those benchmarks.

Concluding his address, Babalola emphasized that transformation begins at the individual level. By changing themselves, Rotary members can strengthen their clubs, uplift their districts, and ultimately create lasting impact in communities across the globe.

ML-I Project Launch Date Announced as Pakistan Railways Plans Major Upgrade from Karachi Port

Pakistan Railways has announced a significant development in its long-awaited railway modernization drive, confirming that work on the Main Line-I (ML-I) project will begin from Karachi Port in July 2026. The announcement marks a key milestone in efforts to overhaul the country’s rail infrastructure and strengthen cargo and passenger connectivity across Pakistan.

The confirmation came from Hanif Abbasi, who shared details during his recent visit to Karachi. He stated that Pakistan Railways and the Karachi Port Trust have finalized a joint strategy aimed at improving rail access to the port and streamlining cargo handling operations.

According to the minister, the ML-I project will be launched from Karachi Port as part of a phased implementation plan. The initiative is designed to modernize key railway infrastructure, upgrade tracks and signaling systems, and improve overall efficiency on the country’s busiest rail corridor connecting Karachi with Peshawar.

During his visit, Abbasi held discussions with Karachi Port Trust Chairman Rear Admiral (retd) Shahid Ahmed. Both sides agreed that closer coordination between port authorities and Pakistan Railways is essential to ensure smooth and efficient transportation of goods, particularly for import and export cargo.

Officials said the ML-I project is central to the government’s broader strategy of shifting freight transport from roads to rail. By doing so, authorities aim to reduce logistics costs, cut fuel consumption, and ease pressure on the country’s highways, which currently carry the bulk of freight traffic.

The minister emphasized that rail-based cargo movement is not only more economical but also more sustainable in the long term. He added that Pakistan Railways plans to expand its cargo handling capacity in the coming months to support growing trade volumes and future industrial demand.

As part of the Karachi-focused phase, rail infrastructure directly linked to the port will be upgraded to support faster and more reliable cargo movement. One of the key components of this plan is the modernization of the 54-kilometer rail section between Karachi Port and Pipri. Upgrading this stretch is expected to significantly improve turnaround times for freight trains and reduce congestion at the port.

The ML-I project, which has been under discussion for several years, is widely regarded as the backbone of Pakistan’s railway revival. Once completed, it is expected to enhance passenger travel speeds, improve safety standards, and boost the competitiveness of rail transport for long-distance cargo movement.

Experts believe that launching the project from Karachi Port sends a strong signal about the government’s focus on trade facilitation and economic efficiency. With Karachi serving as Pakistan’s primary maritime gateway, improved rail connectivity is seen as crucial for supporting exports, imports, and industrial growth.

While the July 2026 start date sets a clear timeline, officials have stressed that preparatory work and coordination with stakeholders will continue over the coming months. The successful execution of ML-I is expected to play a transformative role in Pakistan’s transport and logistics landscape.

Zaman Khan Delivers Another Last-Over Masterclass to Prove His Death-Bowling Supremacy in BBL

Pakistani fast bowler Zaman Khan once again reminded the cricketing world why he is regarded as one of the most reliable death bowlers in modern T20 cricket, producing a breathtaking final over to secure a dramatic three-run victory for Brisbane Heat against Hobart Hurricanes in Match 35 of the Big Bash League 2025–26 season.

Defending a modest total of 160 for 8, Brisbane Heat appeared under constant pressure throughout the chase. Hobart Hurricanes paced their innings smartly and reached 155 for 7 with wickets in hand, requiring only six runs from the final over. With the match slipping away, the Heat management turned to Zaman Khan, despite the pacer having conceded 27 runs in his first three overs.

What followed was a display of composure and execution that left fans and experts stunned. Zaman began the final over with a perfectly placed low full toss that resulted in a dot ball. He followed it with another dot, instantly tightening the screws on the batters and shifting the momentum.

Hobart managed to sneak a single off the third delivery, but the pressure continued to mount. Zaman then fired in a razor-sharp yorker that the batter completely missed, producing yet another dot ball and forcing visible tension in the Hurricanes’ camp.

The decisive moment arrived on the fifth delivery. Zaman cleverly disguised a slower ball wide outside off stump, luring the batter into a risky shot. The mistimed attempt sailed toward long-on, where the catch was safely taken just inside the boundary. Suddenly, Hobart needed four runs from the final ball.

Keeping his nerve intact, Zaman delivered a wide yorker that left no room for a boundary. The batter could manage only a single, triggering wild celebrations among the Brisbane Heat players as they sealed an extraordinary win, restricting Hobart to 157 for 8.

Cricket statisticians later confirmed the significance of the moment. Zaman Khan successfully defended the fewest runs ever in the final over of a Big Bash League match, surpassing the previous record of seven runs. The achievement instantly entered BBL folklore.

Teammates were quick to praise the Pakistani pacer. Brisbane Heat bowler Xavier Bartlett highlighted Zaman’s confidence, noting that even when everyone knew the yorkers were coming, he executed them flawlessly under immense pressure.

Fans in Pakistan also celebrated the performance, recalling Zaman’s similar last-over heroics in the Pakistan Super League for Lahore Qalandars. Social media was flooded with admiration, with many labeling him a true specialist of crunch moments.

With this win, Brisbane Heat climbed to fourth on the points table, keeping their playoff hopes alive. More importantly, Zaman Khan once again proved that when the pressure is at its peak, few bowlers in world cricket can match his calm, control, and deadly precision.

PNSC Expands Fleet With Addition of Aframax Tanker MT Karachi

The Pakistan National Shipping Corporation has strengthened its maritime capabilities with the induction of a new Aframax tanker into its managed fleet. The development was disclosed through a formal stock filing submitted to the Pakistan Stock Exchange, reflecting the corporation’s continued focus on expanding capacity in the oil transportation segment.

According to the filing, the newly inducted vessel has been named MT Karachi and carries a deadweight tonnage of 109,990 tons. The tanker has been brought into the fleet through PNSC’s wholly owned subsidiary, Karachi Shipping (Private) Limited, underscoring the group’s strategy of leveraging its subsidiaries for operational growth.

The disclosure was made in compliance with Section 96 of the Securities Act, 2015, along with Clause 5.6.1(a) of the PSX Rule Book. Officials noted that this update follows an earlier disclosure shared in October 2025, signaling transparency in line with regulatory requirements and investor communication standards.

Industry observers say the induction of an Aframax tanker is a strategic move, as vessels of this class are widely used for transporting crude oil and refined petroleum products across regional and international routes. With global energy trade remaining active, the addition is expected to enhance PNSC’s ability to meet chartering demand and improve operational flexibility.

The expansion of the tanker fleet is also seen as a positive step toward strengthening Pakistan’s shipping infrastructure. By increasing its carrying capacity, PNSC can reduce reliance on foreign carriers for energy imports, which is often highlighted as a key objective for improving balance-of-payments efficiency.

PNSC is primarily engaged in shipping-related activities, including the chartering of vessels, transportation of cargo, and the provision of commercial, technical, administrative, and financial services. The corporation also supports its subsidiaries and third parties across various aspects of maritime operations, making it a central player in Pakistan’s shipping and logistics sector.

In addition to its core shipping business, the corporation manages a portfolio of properties that are rented out under lease arrangements. This diversified approach helps support revenue streams while maintaining focus on its primary maritime mandate.

Analysts believe that fleet expansion initiatives such as the induction of MT Karachi reflect PNSC’s long-term growth strategy and its intent to modernize and scale operations. As global shipping markets evolve, such investments are expected to position the corporation more competitively while contributing to national trade and energy security objectives.


Pakistan Women’s Squads Announced for South Africa Tour Beginning February 10

The Pakistan Cricket Board has officially announced the ODI and T20I squads for the Pakistan Women’s team’s upcoming tour of South Africa, scheduled to begin on February 10 in Potchefstroom. The tour marks an important phase in Pakistan’s preparations for the ICC Women’s T20 World Cup 2026, set to take place in June.

According to the announcement, Fatima Sana will continue to lead the side in both formats, reflecting the board’s confidence in her leadership as the team builds toward a major global event. The tour will feature three T20 Internationals followed by three One Day Internationals, offering Pakistan valuable match exposure against strong opposition in varied conditions.

A notable feature of the squad selection is the inclusion of two uncapped players, Saira Jabeen and Humna Bilal, who have earned their maiden call-ups to the T20I side. Their selection highlights the PCB’s focus on expanding the talent pool and giving emerging players an opportunity at the international level.

Several experienced players return to the ODI squad after missing out on previous selections. Ayesha Zafar, Gull Feroza, Tasmia Rubab and wicketkeeper-batter Najiha Alvi have been recalled for the 50-over format, adding depth and balance to the lineup. Their return is expected to strengthen Pakistan’s batting and bowling combinations.

A core group of players, including Aliya Riaz, Muneeba Ali, Nashra Sundhu, Natalia Parvaiz, Rameen Shamim, Sadia Iqbal and Sidra Amin, have been named in both squads, providing continuity across formats. Meanwhile, some players will feature in only one format, allowing the management to tailor combinations according to format-specific demands.

The team will undergo a pre-series training camp from February 1 to 6 at the Hanif Mohammad High Performance Centre in Karachi. The camp is designed to help players adapt physically and tactically before traveling, with a focus on fitness, skill refinement and team cohesion.

During the South Africa tour, mentor Wahab Riaz will be supported by an experienced coaching staff, including batting coach Imran Farhat, fast bowling coach Umaid Asif, spin bowling coach Abdur Rehman and fielding coach Abdul Majeed. Officials believe this support structure will play a key role in preparing the side for challenging conditions.

The T20I matches will be played in Potchefstroom, Benoni and Kimberley between February 10 and 16, all scheduled as day-night fixtures. Pakistan will then play a 50-over warm-up match before the ODI series, which will take place in Bloemfontein, Centurion and Durban from February 22 to March 1.

This tour marks Pakistan Women’s return to South Africa for a bilateral series after January 2021. The experience gained during this tour is expected to be crucial as the team sharpens its strategy, builds combinations and assesses player readiness ahead of the World Cup.