Pakistan’s automobile sector is going through a transitional period that is being marked by changes in customer tastes, legislative reforms, and technological improvements. Comprehending the most recent automotive trends in Pakistan is vital for all parties involved, such as producers, retailers, and buyers. Overview of Pakistan’s Automotive Industry Over the past few years, Pakistan’s automotive sector has experienced substantial expansion, fueled by both favorable government regulations and an increase in car demand. A vast variety of vehicles are included in this industry, such as tractors, motorbikes, passenger cars, and commercial vehicles. Notable participants in the industry comprise Suzuki, Toyota, Honda,…
Author: Mawadat Fatima
The economic landscape of nations is significantly shaped by international trade agreements, and Pakistan is no illustration. These agreements, which include a range of bilateral and multilateral contracts, have a significant impact on the economy of Pakistan. We can comprehend the economic effects of these trade agreements and their consequences for Pakistan’s progress and advancement by examining their internal workings. In recent years, there has been a fierce discussion about protectionism vs free trade. The emerging nations are gaining market share at the expense of the developed countries. While protectionists worry that unequally distributed earnings and losses would cause considerable…
For the next 24 hours, the local meteorological agency predicts dry to partly cloudy conditions with a risk of light rain for the city. In the Bahawalpur area, the observed wind speed was six kilometers per hour, and the air humidity was seventy percent. Over the past 24 hours, temperatures have been recorded at 39 degrees Celsius for the greatest maximum and 32 degrees Celsius for the lowest. The remaining portion of the region is expected to see dry to partly overcast weather with a risk of light showers.
Congresswoman Sheila Jackson Lee passed away on Saturday, and Prime Minister Muhammad Shehbaz Sharif expressed his profound sadness and loss for her. The prime minister posted on his X timeline, “As Co-Chair of the Pakistan Caucus in the U.S. House of Representatives, she was a champion for stronger ties between Pakistan and the United States.” For many years to come, her efforts will be missed and remembered. I hope her soul finds peace. My sincere sympathies to her family and all of her supporters,” he continued.
ISLAMABAD: In order to improve the Karachi Port and spur economic activity, Abu Dhabi will contribute $250 million over the course of ten years. The CEO of Abu Dhabi Ports Pakistan, Khurram Aziz Khan, visited with Prime Minister Shehbaz Sharif on Friday and told him that the corporation will be investing $250 million in the port over the next ten years, according to the PM Office. The CEO of the firm stated, accompanied by a delegation, that a fully functional multifunctional terminal will be finished in two years at a cost of $130 million. Cargo ships with a maximum capacity…
ISLAMABAD As the government gets ready to implement its new $7 billion International Monetary Fund (IMF) agreement, Finance Minister Mohammad Aurangzeb stated on Friday that Pakistan will concentrate on meeting its external financing needs by corresponding with foreign governments and lenders to attract foreign investment as well as looking for loan rollovers. Earlier this month, Pakistan and the IMF came to an agreement for the 37-month loan term. Tough measures like increasing the tax on agricultural revenues and the price of energy have raised worries about how Pakistanis in the lower and middle classes would handle growing inflation and the possibility…
Pakistan is adopting a number of eco-friendly programs to address environmental issues and advance sustainability. The nation’s multiple policies and initiatives aimed at promoting a greener and more sustainable future demonstrate its commitment to combating climate change and pollution. The government’s green policy was founded on the Billion Tree Tsunami (2014–18) program, which successfully implemented the idea that using natural solutions could both maintain and protect the environment and perhaps promote the growth of a different kind of green economy. Introduction Pakistan has long been plagued by environmental problems. There are different environmental issues facing the nation, such as deforestation…
Introduction Pakistani business innovators are major the way in 2024, using technology and innovative ideas to motivate economic expansion. These innovators are not only create established business structures but also establishing fresh trends across a range of sectors. This article highlights important areas of innovation and the difficulties faced by Pakistani entrepreneurs as they investigate how they are creating successful startups and influencing business trends. Pakistani Entrepreneurs Pakistani businesspeople are becoming more and more known for their aptitude for seeing possibilities and developing game-changing solutions. Pakistan’s entrepreneurial environment has developed well because of the rising investor community, government regulations, and…
Khawaja Salman Rafique, the Punjab Minister for Health and Emergency Services, stressed the need of preparing medical personnel for the impending air ambulance service. He said that Punjab will see the introduction of the air ambulance service for the first time in the history of the nation at a briefing at Rescue 1122 headquarters on the service and Muharram’s response. The Rescue 1122 Air Ambulance Service was almost ready to launch, according to Emergency Services Secretary Dr. Rizwan Naseer. The minister directed the emergency services secretary to set up online training sessions and said that the air ambulance service will…
The Power Division has been instructed by the Senate Standing Committee on Power to provide all relevant information on contracts with Independent Power Producers (IPPs). In an effort to better understand where the money goes and how it is spent, the committee on Friday called for a comprehensive review of all relevant IPP activities and contracts. The committee has requested a cost comparison between IPP plants built after 1992 and comparable establishments in nearby nations. It also requested comprehensive records of capacity payments to IPPs for the last 20 years, and with justifications for such payments. It is also desired to…
