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

Four Pakistani Kabaddi Players Suspended for Four Years Over Doping Test Refusal

Four Pakistani kabaddi players have been handed four-year bans after refusing to undergo mandatory doping tests during the National Championship in Lahore. The decision underscores Pakistan’s strict enforcement of anti-doping regulations in sports.

Officials confirmed that the players declined to provide the required samples for doping control. Under national and international anti-doping rules, refusal to submit a sample is considered a violation equivalent to testing positive for banned substances.

The bans have been issued to uphold the integrity of kabaddi competitions and ensure fair play at all levels. The National Kabaddi Federation and regulatory authorities emphasized that anti-doping compliance is non-negotiable for athletes representing the country.

These sanctions serve as a warning to other athletes that evasion of doping protocols carries severe consequences, including long-term suspension from competitive events. The four-year suspension will prevent the players from participating in both national and international kabaddi tournaments during this period.

Officials stated that the decision aligns with Pakistan’s ongoing efforts to maintain a clean and competitive sports environment. Authorities continue to encourage athletes to fully cooperate with doping control procedures to protect the credibility of sports in the country.


PSX Surges Past Historic 185,000 Mark as KSE-100 Gains Over 2,600 Points

The Pakistan Stock Exchange (PSX) closed at a new all-time high on Tuesday, with the benchmark KSE-100 index decisively crossing the historic 185,000 milestone after a powerful bullish session.

The index gained more than 2,600 points by the close, reflecting strong investor confidence and sustained buying interest across key sectors. During intraday trading, the market touched a record high of 185,481 points, marking the highest level ever recorded in PSX history.

By the end of the session, the KSE-100 settled at 185,062 points, posting a net gain of 2,653 points or 1.45 percent compared to the previous close. At one point, the index had surged as much as 3,073 points, representing a 1.68 percent jump before some profit-taking emerged.

Market participants attributed the rally to continued optimism around macroeconomic stability, easing inflationary pressures, and expectations of supportive monetary policy measures. Strong participation from institutional investors, particularly local mutual funds, helped maintain momentum throughout the session.

Banking, oil and gas, fertilizers, and index-heavy stocks led the advance, with broad-based buying observed across multiple sectors. Investor sentiment remained upbeat as confidence in Pakistan’s economic outlook continued to improve.

Analysts noted that the market’s ability to sustain levels above 185,000 reflects growing depth and resilience in the equity market. The steady upward trend over recent sessions has reinforced expectations that the PSX may continue to test new highs if positive cues persist.

The record-breaking close further cements PSX’s position among the world’s top-performing equity markets, highlighting renewed interest from domestic investors and improved liquidity conditions.

As the market continues to react to economic data, corporate earnings, and policy signals, investors remain focused on whether the rally can maintain its strength in the coming sessions.

Obscene Video Scandal Sparks Police Probe at Historic Naukot Fort

A viral obscene video allegedly filmed inside Pakistan’s historic Naukot Fort has prompted swift administrative action and a police investigation. Sindh’s Minister for Culture has taken notice of the incident, calling for urgent measures to ensure security and protect the integrity of the heritage site.

Following the report, Vejhoto police arrested fort guard Walam Bheel, who has been shifted to an undisclosed location for questioning. Authorities are investigating his potential involvement and any connection to organized criminal activity within the fort premises.

Preliminary investigations suggest that visitors engaged in obscene acts inside the fort were secretly recorded. The recordings were reportedly used for blackmail purposes, raising concerns about the exploitation of both locals and tourists at the historic site.

Police sources indicate that an organized gang may have been operating inside Naukot Fort for several years, allegedly with the collusion of a staff member. Officials are exploring the extent of the operation and identifying any other individuals involved in the scheme.

The incident has sparked public outrage, with cultural authorities emphasizing the importance of safeguarding heritage sites. Naukot Fort, a centuries-old landmark in Sindh, is not only historically significant but also a popular destination for tourists and researchers.

Law enforcement agencies are coordinating with cultural authorities to enhance surveillance and prevent future misuse of the fort. Officials have vowed to hold all parties accountable and ensure that heritage sites are protected from criminal exploitation.

Experts highlight that incidents like this underscore the need for stricter security measures at heritage sites, including surveillance systems, trained staff, and awareness campaigns to educate visitors about proper conduct.

Authorities have urged the public to report any suspicious activity at Naukot Fort and other historical locations. The investigation is ongoing, and further updates are expected as police identify additional suspects and uncover the full extent of the operation.

The scandal has prompted renewed discussions about safeguarding Pakistan’s cultural heritage from both criminal and ethical violations. Officials stress that preserving historic sites is critical not only for tourism but also for national identity and historical legacy.


December 2025 Ranked Seventh Warmest in Pakistan Over the Last 65 Years, Says PMD

December 2025 has been recorded as the seventh warmest December in Pakistan over the past 65 years, according to the latest climate report issued by the Pakistan Meteorological Department. The findings highlight a continuation of warming trends that have increasingly shaped the country’s seasonal weather patterns in recent years.

The report noted that above-normal temperatures were observed across much of Pakistan throughout the month. Both daytime and nighttime temperatures remained higher than historical averages, contributing to an unusually mild winter period in several regions. Meteorologists described the temperature anomalies as widespread rather than localized.

Sindh and Balochistan were among the most affected regions, experiencing persistently warm conditions during December. These provinces recorded temperature levels significantly above long-term norms, reducing the intensity typically associated with winter months. The warmer conditions were noticeable in both urban centers and rural areas.

In contrast to the elevated temperatures, rainfall levels remained below average in several parts of the country. Karachi and surrounding areas experienced drier-than-usual conditions, with limited precipitation recorded during the month. Other regions also reported rainfall deficits, raising concerns about water availability and soil moisture.

The Pakistan Meteorological Department explained that such temperature and rainfall patterns are consistent with broader climatic shifts observed over recent decades. Warmer winters and irregular precipitation have become more frequent, altering traditional seasonal cycles and affecting agriculture, water management, and energy demand.

Experts note that higher winter temperatures can have mixed impacts. While reduced cold extremes may lower heating needs in some regions, they can also disrupt crop cycles, particularly for winter crops that rely on cooler conditions. Changes in temperature patterns may also affect pest populations and plant growth timelines.

Below-average rainfall during winter months is particularly significant for regions that depend on seasonal precipitation to replenish water reservoirs and groundwater. Reduced rainfall can strain already limited water resources, especially in major urban centers and agricultural zones.

Climate analysts have emphasized that Pakistan is among the countries most vulnerable to climate variability and extreme weather events. Rising temperatures, shifting rainfall patterns, and increased frequency of heat-related anomalies are expected to continue if global warming trends persist.

The December 2025 data adds to a growing body of evidence indicating long-term warming across the country. Over the past several decades, Pakistan has experienced a steady rise in average temperatures, with warmer winters becoming more common than in previous climate records.

Meteorological officials stress the importance of continued monitoring and data-driven planning. Accurate climate reporting allows policymakers, farmers, and urban planners to better anticipate risks and adapt strategies related to water management, agriculture, and disaster preparedness.

The PMD has reiterated the need for increased awareness and resilience-building measures in response to changing climate conditions. As temperature records continue to shift, understanding seasonal trends will be critical for managing economic and environmental impacts.

December 2025’s ranking as the seventh warmest in 65 years serves as a reminder of Pakistan’s changing climate landscape. The findings underscore the importance of long-term climate adaptation strategies to address the challenges posed by rising temperatures and evolving weather patterns.


PSX Settles at Record High as Investors Anticipate SBP Interest Rate Cut

The Pakistan Stock Exchange (PSX) began the New Year on a strong footing, closing at a fresh record high as bullish sentiment dominated the market. Aggressive buying activity, particularly from local mutual funds, set the pace for a decisive upward move, reflecting renewed investor confidence.

Market participants remained optimistic ahead of the State Bank of Pakistan’s upcoming monetary policy meeting. Expectations of a potential cut in the key interest rate played a central role in boosting risk appetite, encouraging investors to increase exposure to equities across multiple sectors.

According to market analysts, the anticipation of monetary easing has shifted sentiment in favor of growth-oriented stocks. Lower interest rates typically reduce borrowing costs for businesses, improve profitability outlooks, and make equities more attractive compared to fixed-income instruments. This expectation helped fuel broad-based participation during the trading session.

Topline Securities noted that optimism surrounding a possible rate cut was a major driver of the rally. Investors responded by actively accumulating shares, leading to strong gains in index-heavy stocks and improved overall market breadth. The buying momentum suggested confidence in near-term economic stabilization.

The rally was not limited to a single sector. Banking, cement, energy, and technology stocks all witnessed notable interest, indicating that investors are positioning themselves ahead of potential policy support. Such widespread participation is often seen as a sign of a healthy and sustainable market trend.

The PSX’s performance also reflects improving macroeconomic indicators. Recent signs of easing inflationary pressures and stabilizing foreign exchange reserves have strengthened expectations that the central bank may adopt a more accommodative stance in the coming months. Investors appear to be pricing in these developments well ahead of official policy decisions.

Market experts caution, however, that while sentiment remains strong, volatility may persist. The final outcome of the SBP’s policy meeting, along with global economic factors, could influence short-term market direction. Nonetheless, the current momentum suggests that investors are increasingly confident about Pakistan’s economic outlook.

The strong start to the year has reinforced the PSX’s position as one of the region’s better-performing markets. Analysts believe that continued policy clarity, coupled with structural reforms, could sustain investor interest and support further upside in the months ahead.

As the market looks toward the SBP’s decision, all eyes remain on interest rate signals and forward guidance. A rate cut, if announced, could further strengthen equities and attract additional institutional and retail participation. For now, the PSX’s record-breaking close reflects optimism, liquidity-driven buying, and expectations of supportive monetary policy.


Islamabad’s Rs 10.2 Billion 10th Avenue Road Project Faces Fresh Delays Despite Repeated Extensions

The long-awaited 10th Avenue road project in Islamabad has encountered yet another delay, raising serious concerns about planning, execution, and accountability within the Capital Development Authority (CDA). Despite the completion of several major infrastructure schemes across the capital in 2025, the strategically important project remains incomplete.

Launched in 2022 with an approved cost of Rs 10.2 billion, the project was initially expected to be completed by March 2024. However, repeated setbacks have pushed the timeline far beyond its original deadline. The latest extension expired on December 30, 2025, with the road still far from operational.

According to official sources, the CDA’s engineering wing has now formally requested an additional six-month extension for the contractor, the National Logistics Cell (NLC). This move has sparked frustration among residents, commuters, and urban planners who have long awaited relief from Islamabad’s growing traffic congestion.

The 10th Avenue project is considered a critical traffic artery designed to connect major sectors of the capital and ease pressure on existing road networks. Its delay has continued to burden commuters with longer travel times, fuel wastage, and increased congestion, particularly during peak hours.

CDA officials attribute the delays to a combination of technical challenges, land acquisition issues, and utility relocation hurdles. However, critics argue that weak project management and insufficient coordination between departments have played a significant role in slowing progress.

The repeated deadline extensions have also raised questions about cost overruns. While the project was initially approved at Rs 10.2 billion, prolonged construction timelines often result in increased financial burdens on the public exchequer. Transparency advocates are urging the CDA to disclose updated cost estimates and progress reports.

Urban development experts stress that infrastructure delays undermine public trust and hinder Islamabad’s long-term planning goals. They warn that unless stricter oversight mechanisms are introduced, similar projects could face the same fate, delaying much-needed improvements to the capital’s transport system.

As Islamabad continues to expand, timely completion of infrastructure projects like the 10th Avenue road is essential for sustainable urban mobility. With yet another extension under consideration, residents are watching closely to see whether this latest deadline will finally bring the project to completion or prolong an already troubled timeline.

Ishaq Dar Arrives in Beijing for 7th Pakistan-China Strategic Dialogue

Deputy Prime Minister and Foreign Minister Ishaq Dar arrived in Beijing on an official visit, highlighting the growing significance of Pakistan-China relations and regional diplomacy. Upon landing, Dar was warmly received by Yue Xiaoyong, China’s Special Representative for Afghanistan, signaling the high-level importance of the visit.

The seventh Pakistan-China Strategic Dialogue is scheduled for Sunday, where Ishaq Dar will co-chair the session with his Chinese counterpart, Wang Yi. The talks are expected to focus on strengthening bilateral cooperation across trade, technology, energy, and regional security issues.

In addition to formal discussions, Dar will participate in events marking the 75th anniversary of Pakistan-China diplomatic relations. Both countries have planned a series of commemorative celebrations throughout 2026 to honor this historic milestone in bilateral ties.

Beyond China, the Deputy Prime Minister held several key telephonic discussions with other regional partners. Dar spoke with Saudi Foreign Minister Prince Faisal bin Farhan regarding developments in Yemen and regional security. He welcomed the recent statement by the Saudi Ministry of Foreign Affairs and acknowledged the efforts of all parties working toward peaceful resolutions through dialogue.

Dar also held talks with his UAE counterpart, expressing satisfaction over positive developments in regional matters and emphasizing the value of diplomacy in producing tangible results. Furthermore, Dar discussed bilateral cooperation with Turkish Foreign Minister Hakan Fidan, highlighting opportunities to enhance collaboration in trade, tourism, technology, and IT.

The visit underlines Pakistan’s commitment to leveraging dialogue and diplomacy as tools to resolve regional challenges and deepen strategic partnerships. The outcomes of the 7th Pakistan-China Strategic Dialogue are expected to further cement Pakistan’s position as a proactive player in regional stability and economic development.

President Approves New CDA Law Introducing Flexible Land Compensation

President Asif Ali Zardari has signed the CDA Amendment Bill 2025, bringing significant changes to the compensation framework for property owners whose land is acquired by the government.

Under the newly approved law, compensation will no longer be limited to cash payments. Property owners may now receive land or other government-approved forms of compensation, providing greater flexibility in addressing disputes and meeting individual preferences.

The amendment also introduces interest for delayed payments, ensuring that affected individuals are entitled to an additional 8 percent per year if the government fails to compensate within the stipulated time. This measure is designed to protect citizens’ financial interests while expediting land acquisition processes.

Officials highlight that the law aims to streamline property acquisition for development projects, while maintaining fairness for citizens whose land is being utilized for public purposes. By offering alternative compensation options, the government seeks to reduce conflicts and facilitate smoother project implementation.

The Capital Development Authority (CDA) will now have clear legal backing to implement these provisions, potentially reshaping the way urban and infrastructure development projects are managed in Islamabad. Analysts suggest that this amendment may also influence land acquisition practices in other regions by setting a precedent for flexible, interest-bearing compensation mechanisms.

The CDA Amendment Bill 2025 represents a step forward in balancing development needs with property owners’ rights, ensuring timely and equitable compensation while fostering confidence in government-led infrastructure initiatives.

Morocco Likely to Host 2029 FIFA Club World Cup

Morocco is emerging as the leading candidate to host the 2029 FIFA Club World Cup, following strong internal support for its bid within the world football governing body. While FIFA has yet to make an official announcement, reports suggest that Morocco’s growing reputation as a reliable and efficient host has significantly strengthened its chances.

According to Moroccan outlet Le Desk, the proposal to award the expanded Club World Cup to Morocco has been positively received by key stakeholders inside FIFA. This support is largely rooted in the country’s recent track record of successfully staging major international football tournaments, most notably the Africa Cup of Nations in 2025.

FIFA officials were reportedly impressed by Morocco’s organization, infrastructure readiness, and operational execution during AFCON 2025. From stadium management and transportation logistics to fan engagement and security arrangements, the tournament was widely viewed as a benchmark for future continental and global events. This performance has reinforced Morocco’s standing as one of Africa’s most capable sporting hosts.

Morocco has invested heavily in football infrastructure over the past decade. The country boasts several modern stadiums that meet international standards, alongside upgraded training facilities, transport networks, and hospitality services. Cities such as Casablanca, Rabat, Marrakech, Tangier, and Agadir are already well-equipped to handle large influxes of teams, officials, and supporters.

The potential hosting of the 2029 FIFA Club World Cup would align with Morocco’s broader football ambitions. The nation is also set to co-host the 2030 FIFA World Cup alongside Spain and Portugal, a historic first that will see Africa return as a World Cup host after two decades. Hosting the Club World Cup beforehand would serve as a major test event, allowing Morocco to further refine its operational capabilities ahead of 2030.

The revamped FIFA Club World Cup format, featuring more teams and a longer tournament window, places greater demands on host nations. Morocco’s compact geography, modern infrastructure, and football-loving population make it an attractive option for FIFA as it looks to ensure smooth tournament delivery and strong global engagement.

Beyond sporting considerations, hosting the 2029 Club World Cup would deliver significant economic and tourism benefits for Morocco. Large-scale international tournaments typically boost local businesses, create short-term employment opportunities, and enhance a country’s global image as a travel and investment destination.

While FIFA has not confirmed a timeline for the final decision, expectations are growing that an official announcement could be made once internal evaluations and consultations are completed. If confirmed, Morocco would become the first African nation to host the FIFA Club World Cup in its expanded modern format, marking another milestone in the country’s rapidly rising football profile.

For now, Morocco’s consistent delivery, strategic investments, and growing trust within FIFA place it firmly at the forefront of contenders for the 2029 tournament.

Expected Opening Date of Lahore’s First Floating Restaurant Revealed

Lahore is set to welcome a unique addition to its dining and leisure scene as the city’s first floating restaurant is expected to open later this year. Officials associated with the project have confirmed that construction has entered its final phase, bringing the long-anticipated waterfront attraction closer to reality.

The three-storey floating restaurant is being developed on a canal that branches off the River Ravi, near the popular recreational spot Jallo Park. The location has been carefully selected to combine accessibility with scenic surroundings, offering visitors a calm and refreshing environment away from the city’s usual congestion.

Project managers say that civil works are progressing at a steady pace, with most structural elements already in place. Interior finishing, utilities, and safety installations are currently underway. If work continues as planned, the facility is expected to be completed before the end of the year, subject to final inspections and safety approvals from relevant authorities.

Designed to accommodate more than 200 guests at a time, the floating restaurant aims to offer Lahoris a completely new dining experience. Unlike traditional eateries, the venue will allow visitors to enjoy their meals while surrounded by water, creating a relaxed atmosphere enhanced by canal views and open-air seating options.

Officials involved in the project have emphasized that the restaurant has been planned as a family-friendly destination. Alongside dining, the space is expected to serve as a recreational spot where families can spend quality time, particularly during evenings and weekends. The design focuses on comfort, safety, and accessibility for visitors of all ages.

The floating structure has been engineered to ensure stability and durability, taking into account water flow, seasonal changes, and environmental factors. Authorities have stressed that safety checks will be a top priority before opening the restaurant to the public, with inspections planned to meet all regulatory requirements.

The project reflects a broader trend of introducing lifestyle and tourism-oriented developments in Lahore. With limited waterfront attractions in the city, the floating restaurant is expected to draw significant public interest and could become a new landmark for residents and tourists alike.

Once operational, the restaurant is likely to boost local tourism and create employment opportunities, while also adding diversity to Lahore’s food and entertainment landscape. Officials believe that the initiative could pave the way for similar projects in the future, encouraging innovative use of the city’s waterways.

As anticipation builds, many residents are looking forward to experiencing this first-of-its-kind concept. If completed on schedule, Lahore’s floating restaurant could soon offer a fresh way to dine, relax, and enjoy the city from a new perspective.

Pakistan, Saudi Arabia Discuss Energy and Mineral Cooperation

Islamabad: Minister for Petroleum Ali Pervaiz Malik met with Saudi Ambassador to Pakistan Nawaf bin Saeed Al-Maliki today to discuss strengthened cooperation in the energy and mineral sectors between the two countries. The meeting focused on enhancing bilateral ties and exploring investment opportunities in Pakistan’s mineral resources.

During the discussion, Minister Malik confirmed that Pakistan will participate fully in the Future Minerals Forum in Riyadh later this month. A total of 13 public and private Pakistani mineral companies will showcase the country’s rich mineral potential at the event.

Pakistan will set up a dedicated pavilion at the Forum, titled “Pakistan: the Mineral Marvel”, which will highlight the nation’s diverse resources and investment opportunities. Minister Malik stated that the pavilion will serve as a prelude to the Pakistan Mineral Investment Forum 2026, scheduled for April, aimed at attracting local and international investors.

The Saudi Ambassador welcomed Pakistan’s participation and emphasized that the event would open new avenues for Pak-Saudi collaboration in energy and minerals. He highlighted the vast opportunities for bilateral cooperation, noting that both countries stand to benefit from shared investments in these sectors.

Minister Malik noted that Pakistan is actively promoting its energy and mineral potential to international investors, signaling a commitment to enhancing trade and economic ties with Saudi Arabia. The collaboration is expected to boost foreign investment, resource development, and technology transfer, supporting Pakistan’s growing industrial and energy needs.

The meeting underscores Pakistan’s efforts to strengthen strategic and economic partnerships with Saudi Arabia, particularly in energy, mining, and industrial sectors, positioning the country as a key player in regional mineral development and energy collaboration.

Govt Finalizes ‘Made in Pakistan’ Electronics Policy to Support Local Products

The federal government has finalized the ‘Made in Pakistan’ Electronics Manufacturing Policy, a major step aimed at strengthening domestic production and reducing reliance on imported finished electronic goods.

According to a report, the policy lays the foundation for local manufacturing of mobile phones, laptops, computers, tablets, and a wide range of other electronic products, signaling a strategic shift toward industrial self-sufficiency and value-added manufacturing.

Expanding the Scope of Local Manufacturing

Under the new framework, domestic production will extend beyond consumer devices to include biometric machines, point-of-sale (POS) systems, tracking devices, signal boosters, dongles, and smartwatches.

Officials believe this comprehensive approach will help build a complete electronics ecosystem, encouraging both local entrepreneurs and foreign investors to establish manufacturing and assembly operations within Pakistan.

Reducing Imports, Strengthening Exports

The policy is designed to curb the import of finished electronics, which has long weighed on Pakistan’s trade balance. By promoting local assembly and gradual indigenization of components, the government aims to:

  • Save foreign exchange
  • Create skilled employment opportunities
  • Encourage technology transfer
  • Boost export-oriented manufacturing

Industry stakeholders expect the initiative to particularly benefit small and medium enterprises (SMEs) involved in electronics, hardware assembly, and supply-chain services.

Alignment With Broader Industrial Strategy

The ‘Made in Pakistan’ electronics policy complements other recent industrial initiatives, including incentives for mobile phone assembly plants, expansion of special economic zones, and the push toward semiconductor and chip manufacturing in Punjab.

Together, these measures reflect a broader effort to modernize Pakistan’s industrial base and position the country as a competitive player in regional electronics manufacturing.

Industry Reaction and Outlook

Experts say the success of the policy will depend on effective implementation, competitive tariffs on raw materials, and consistent regulatory support. If executed well, the policy could transform Pakistan from an import-dependent market into a regional electronics manufacturing hub.

Further details regarding incentives, localization targets, and implementation timelines are expected to be announced in the coming weeks.


HBL Pakistan Manufacturing PMI Hits 10-Month High as Industrial Momentum Strengthens

Pakistan’s manufacturing sector closed 2025 on a positive note as the HBL Pakistan Manufacturing Purchasing Managers’ Index (PMI) rose to a 10-month high in December. Compiled by S&P Global, the PMI increased to 52.8 from 52.3 in November, marking its strongest reading since February and signaling a sustained expansion in manufacturing activity.

The improvement was driven by a solid rise in production and stronger demand conditions. New orders accelerated at their fastest pace since March, with survey respondents attributing the uptick to business expansion initiatives and improvements in product quality. The data suggests that manufacturers are benefiting from renewed confidence among buyers and a gradual normalization of operating conditions.

A particularly encouraging sign was the return of growth in new export orders, recorded for the first time in six months. Businesses cited stronger international demand and enhanced product standards as key factors supporting overseas sales. This development points to improving competitiveness for Pakistani manufacturers in global markets.

Despite higher output levels, capacity pressures remained limited. Work backlogs declined at one of the sharpest rates on record, indicating that firms were largely able to meet increased demand without operational strain. Employment levels rose for the second consecutive month as companies hired additional staff and extended working hours in anticipation of stronger order inflows.

Manufacturers also increased their input purchases during the month, with many firms opting to build inventories as a hedge against potential price increases. As a result, raw material stockpiles recorded their steepest rise since the PMI survey began, reflecting both precautionary behavior and confidence in future production needs.

This industrial momentum has unfolded alongside a broader transformation in Pakistan’s financial ecosystem during 2025. The year saw significant modernization and consolidation across the banking and financial sectors, which helped improve access to capital and payment efficiency for businesses. Developments such as the merger of Silk Bank into UBL, the entry of digital-first players like Mashreq Bank and Easypaisa, and the rollout of the State Bank’s PRISM+ payment system strengthened financial infrastructure and transparency.

At the same time, the international expansion of fintech platforms such as ABHI and Haball into Saudi Arabia and the UAE opened new channels for SME lending and supply-chain financing. These advances have provided manufacturers with improved tools to manage working capital and support cross-border trade.

Commenting on the latest PMI data, Humaira Qamar, Head of Equities and Research at HBL, noted that business confidence reached its highest level since July. She highlighted expectations of improved economic and inflationary conditions, reinforced by the State Bank’s recent decision to cut interest rates by 50 basis points, signaling confidence in inflation remaining within the 5–7 percent range and in meeting foreign exchange reserve targets by June 2026.

For investors and analysts, the PMI remains a key leading indicator of economic momentum. The latest reading suggests that Pakistan’s manufacturing sector is entering 2026 with improving fundamentals, supported by stronger demand, better financial access, and rising business confidence.

Azad Kashmir PM Orders Launch of Health Card to Improve Access to Healthcare

Prime Minister of Azad Jammu and Kashmir (AJK) Faisal Mumtaz Rathore has directed the immediate launch of a Health Card facility aimed at improving healthcare access for the people of the region. The initiative is being described as a major public welfare step, particularly for low-income and middle-class families who often struggle with rising medical costs.

The directive was issued during a high-level meeting chaired by the AJK prime minister in Muzaffarabad. Addressing officials, Faisal Mumtaz Rathore emphasized that access to quality healthcare is a fundamental right and a key responsibility of the government. He stressed that the Health Card scheme should be implemented efficiently to ensure maximum benefit reaches deserving citizens.

According to the prime minister, the Health Card will enable families to receive medical treatment at designated public and private hospitals without facing financial hardship. The initiative is expected to cover essential medical services, reducing the burden of out-of-pocket healthcare expenses that many households currently face.

Officials briefed the meeting on the proposed framework of the program, including eligibility criteria and implementation mechanisms. The prime minister instructed relevant departments to accelerate preparations and ensure transparency in the rollout process. He also called for strong monitoring to prevent misuse and guarantee that the facility serves its intended purpose.

Healthcare experts view the move as a significant step toward strengthening the healthcare system in Azad Kashmir. By extending financial protection to vulnerable segments of society, the Health Card scheme is expected to improve health outcomes and encourage timely medical treatment.

The launch of the Health Card aligns with broader efforts to enhance social protection and public welfare in the region. Government representatives believe the initiative will not only improve healthcare accessibility but also contribute to social stability by reducing health-related financial stress on families.

As preparations move forward, residents of Azad Kashmir are hopeful that the Health Card facility will bring meaningful change to their lives. The government’s focus on healthcare reform reflects a growing recognition of the importance of inclusive and accessible medical services for sustainable development.

PCB Celebrates a Decade of PSL Excellence with Special Tribute

The Pakistan Cricket Board (PCB) celebrated a remarkable milestone in 2025 as the Pakistan Super League (PSL) marked its tenth year of success. Over the past decade, the PSL has grown into a premier sporting event, earning recognition not only as a T20 cricket tournament but also as a global sports brand that highlights Pakistan’s cricketing talent and organizational prowess.

Since its inception, the PSL has consistently delivered high-quality cricket, attracting top international players and engaging fans both in Pakistan and around the world. The league has also played a key role in promoting Pakistan as a safe and vibrant host for international sporting events, demonstrating world-class stadium facilities, logistics, and hospitality.

The tenth anniversary celebrations included special tributes to players, coaches, and franchises that have contributed to the PSL’s growth and popularity. Analysts note that the league’s success has inspired further investment in Pakistan’s domestic cricket infrastructure, youth development programs, and the promotion of women’s cricket.

Beyond the matches, the PSL has become a platform for entertainment, culture, and national pride. Its global viewership has helped showcase Pakistan’s talent and tourism potential, while also creating economic opportunities through sponsorships, broadcasting deals, and local business engagement.

As the PSL steps into its next decade, the PCB aims to continue enhancing the league’s quality, expanding its international reach, and nurturing the next generation of cricketing stars. The milestone of ten years underscores the PSL’s enduring impact on Pakistan’s sports landscape and its growing influence on global cricket.

2025 Marks a Landmark Year for Pakistan’s Banking and Financial Sectors

The year 2025 proved to be transformative for Pakistan’s banking and financial sectors, witnessing significant developments that reshaped the industry landscape. From high-profile mergers and acquisitions to the entry of new players and the exit of underperforming firms, the sector experienced dynamic changes that highlighted its resilience and adaptability.

Local banks and fintech companies faced intense competition, but those leveraging innovation, technology, and robust business models emerged as market leaders. This trend underscored the importance of modernization and strategic growth in maintaining a competitive edge.

Several domestic banks expanded their operations while exploring opportunities abroad, reflecting a growing confidence in Pakistan’s financial ecosystem. Meanwhile, fintech operators introduced novel solutions to enhance digital banking services, improve customer experience, and support financial inclusion across urban and rural communities.

The closure of certain firms also pointed to a natural market correction, where only institutions with sound management and strategic vision sustained growth. Analysts note that these shifts have strengthened the sector’s overall stability and prepared it to tackle future economic challenges.

Financial experts believe that 2025’s developments signal a promising trajectory for Pakistan’s banking and finance industry. With continued investment in technology, regulatory support, and entrepreneurial innovation, the sector is poised to play a pivotal role in driving economic growth and supporting a digitally empowered population.

As the country moves into 2026, stakeholders are optimistic that the lessons learned and strategies implemented during 2025 will continue to foster a resilient, innovative, and inclusive financial landscape.

NADRA Launches Pilot Project to Offer CNIC Services Through e-Sahulat Franchises

The National Database and Registration Authority has introduced a pilot project aimed at expanding public access to identity services by offering CNIC-related facilities through selected e-Sahulat franchises across Pakistan. Under this initiative, citizens will be able to apply for the reprint of lost Computerised National Identity Cards and request CNIC renewals without visiting traditional NADRA registration centers.

This move reflects NADRA’s broader strategy to improve service delivery by making identity-related processes more accessible, inclusive, and citizen-friendly. By leveraging existing digital infrastructure, the authority aims to reduce congestion at its offices while bringing essential services closer to local communities.

e-Sahulat operates under NADRA Technologies Limited, a wholly owned subsidiary of NADRA. The network has expanded rapidly over the years and now includes more than 22,000 franchises nationwide. Out of these, over 9,500 locations are equipped with biometric verification systems, including fingerprint scanners and camera-based identification tools.

These franchises are typically located at neighborhood convenience stores, making them easily accessible for citizens in both urban and semi-urban areas. Their widespread presence positions e-Sahulat as a practical platform for delivering basic government services at the grassroots level.

Historically, e-Sahulat franchises have played an important role in public facilitation. They were instrumental in easing pressure on banks by enabling utility bill payments through alternative channels. Over time, their services expanded to include biometric verification for various public and private sector requirements.

With the inclusion of CNIC reprint and renewal services, NADRA is taking another step toward decentralizing identity management. This approach is expected to save time for citizens, lower travel costs, and reduce waiting periods that are often associated with NADRA registration centers.

Officials view the pilot project as a test phase that will help assess operational efficiency, public response, and system reliability. Based on the outcomes, the scope of services may be expanded further to include additional NADRA facilities at e-Sahulat outlets.

The initiative also aligns with Pakistan’s broader digital transformation goals. By integrating identity services into existing digital ecosystems, NADRA aims to strengthen data accuracy while maintaining strict security and verification standards.

Experts believe that such public-private service models can significantly improve governance delivery if implemented effectively. Easy access to identity services is especially critical for citizens in remote or underserved areas where NADRA centers may be limited.

As the pilot project rolls out, citizens are encouraged to stay informed about participating e-Sahulat locations and service availability. If successful, this initiative could mark a significant shift in how identity services are accessed across Pakistan.


Pakistan Surpasses India in Economic and Global Peace Optimism, Gallup Survey Reveals

Pakistan has emerged as one of the world’s most optimistic nations heading into 2026, according to the latest Global Economic Gallup Survey. The findings highlight a notable rise in public confidence, positioning Pakistan ahead of India and well above the global average in terms of economic and peace-related optimism.

The survey shows that a majority of Pakistanis are looking toward the future with confidence. Around 51 percent of respondents in Pakistan believe that 2026 will be a better year than 2025. This level of optimism reflects a strong sense of hope among the public, despite ongoing regional and global challenges.

In comparison, optimism in India remains significantly lower. Only 39 percent of Indian respondents expressed confidence that the coming year would bring improvement. The contrast becomes even more pronounced when viewed against the global outlook, where the average optimism level stands at just 24 percent.

Gallup’s findings suggest that Pakistan’s public sentiment is driven by expectations of economic stability and improved global conditions. Many respondents believe that gradual economic adjustments, policy reforms, and increased regional engagement could contribute to a more positive year ahead.

Public confidence plays a critical role in shaping economic momentum. When people believe conditions will improve, they are more likely to invest, spend, and participate actively in the economy. Analysts note that this optimism can support market stability and encourage long-term growth if supported by consistent policy actions.

The survey also reflects perceptions about global peace. Pakistanis appear more hopeful about international stability compared to respondents in several other countries. This outlook may be influenced by diplomatic developments and expectations of reduced global tensions in the coming year.

While optimism alone does not guarantee economic success, it remains an important indicator of public mood. Countries with higher confidence levels often find it easier to mobilize domestic support for reforms and development initiatives.

Experts caution, however, that sustaining this optimism will require tangible improvements. Inflation control, job creation, and economic transparency are key areas that will determine whether public expectations translate into real progress.

The Gallup survey places Pakistan among the more hopeful nations worldwide as 2026 approaches. This positive sentiment sets it apart in South Asia and highlights a shift in public outlook that could have meaningful implications for the country’s economic and social trajectory.


Field Marshal Syed Asim Munir Highlights Balochistan’s Strategic Importance for Pakistan’s Prosperity

Field Marshal Syed Asim Munir, NI (M), HJ, Chief of Army Staff (COAS) and Chairman Joint Chiefs of Staff Committee (CDF), on Wednesday engaged with participants of the 18th National Workshop on Balochistan at General Headquarters (GHQ), according to a statement by Inter-Services Public Relations (ISPR).

The workshop focused on Balochistan’s socio-economic development and its strategic significance for Pakistan. During his address, the COAS & CDF appreciated the resilience and patriotism of the people of Balochistan, emphasizing that the province is pivotal to Pakistan’s long-term prosperity and growth.

He lauded initiatives undertaken by both federal and provincial governments, highlighting a people-centric approach designed to enhance socio-economic conditions and unlock Balochistan’s vast economic potential. The Field Marshal also acknowledged the constructive role of civil society in countering propaganda and promoting sustainable development, stressing the importance of setting aside vested political agendas for the province’s future.

Addressing security challenges, he noted that Indian-sponsored proxies continue to instigate violence and hinder development. The COAS & CDF reaffirmed that such hostile efforts would be countered decisively by Pakistan’s security forces to maintain peace and stability. He further emphasized that any violation of Pakistan’s territorial integrity would receive a firm and resolute response, reinforcing the Armed Forces’ commitment to protecting the nation and its citizens.

The session concluded with an interactive Q&A, where Field Marshal Munir provided additional insights into ongoing security and development efforts in Balochistan, highlighting the government and military’s joint commitment to the province’s progress.

Saim Ayub Tops ICC T20 All-Rounders Rankings as Joe Root Leads Test Batters

Pakistan’s Saim Ayub has reached a significant milestone by claiming the top spot in the ICC T20 all-rounders rankings, marking a proud moment for the nation’s cricketing achievements. Ayub’s consistent performances in recent T20 matches have propelled him to the summit, highlighting his growing influence in the shortest format of the game.

In other T20 rankings, India continues to dominate, with Abhishek Sharma retaining the number one position among T20 batters, while Varun Chakravarthy remains the top-ranked T20 bowler.

In Test cricket, England’s Joe Root has maintained his position as the world’s number one batter. His teammate Harry Brook surged three places to secure second, reflecting a strong season for English batsmen. Pakistan’s Saud Shakeel also climbed the rankings, moving from 10th to 9th, while India’s Shubman Gill entered the top ten, occupying the 10th position. England opener Zak Crawley currently holds the 36th spot in Test batting rankings.

Among Test bowlers, India’s Jasprit Bumrah continues to lead, with Australia’s Mitchell Starc rising to second and matching Pakistan’s Nauman Ali at 843 rating points. Scott Boland moved up to seventh, and several English bowlers made notable gains, including Brydon Carse rising to 23rd and Josh Tongue climbing 13 places to 30th.

In Test all-rounders rankings, India’s Ravindra Jadeja maintains his number one position, demonstrating his continued consistency in international cricket.

Saim Ayub’s rise to the top of the T20 all-rounders rankings highlights Pakistan’s growing talent pool, offering fans excitement as the team prepares for upcoming international fixtures.