Hatem Bamatraf, President & Chief Executive Officer, PTCL & Ufone, here on Wednesday announced that the PTCL and the merged telecom company that includes Ufone and the Telenor- Pakistan will participate in the upcoming 5G spectrum auction.He added that the authorities will consider the concerns of the telecom industry and release the spectrum during the…
The government on Wednesday slashed price of petrol by Rs 10.28 per litre as a new year gift in line with fluctuation in global oil prices effective from January 1,2026. It has also reduced the price of high speed diesel by Rs 8.57 per litre. After fresh reduction, the petrol will be sold now at…
National Accounts Committee (NAC) released GDP estimates for 1QFY26, showing growth of 3.7% YoY, which isthe highest first quarter growth in 4 years and higher than the last 8 years’ average 1Q growth of 3.3%. While the committee has also revised up FY25 growth estimates marginally to 3.09% from earlier 3.04%. The growth estimates of…
Pakistan has finalised its National Vaccine Policy, moving closer to local vaccine manufacturing and reduced dependence on imports as part of a broader health security strategy. Special Assistant to the Prime Minister on industries and production, Mr. Haroon Akhtar Khan, chaired a high-level meeting on the local manufacturing of vaccines, marking a major step toward…
Federal Minister for National Food Security and Research, Mr. Rana Tanveer Hussain, chaired 2nd meeting of the National Wheat Oversight Committee to review the wheat sowing progress for Rabi 2025–26, current wheat stock position, and implementation mechanisms under the INWP. During the meeting, all provinces have been advised to constitute Provincial Implementation Units to ensure…
Islamabad: Pakistan plans to set up four new sea ports along with coast line to boost economic activity. The government has realized that the country’s existing port capacity will be full by 2035 to 2040 and would require three to four new ports. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry stressed balancing…
ISLAMABAD: The Competition Commission of Pakistan (CCP) has significantly conducted research in 2025 by releasing competition assessment studies across critical sectors, including insurance, power, gold, pesticides, steel, LNG, road infrastructure, sugar, and fertilizer. To strengthen evidence-based policymaking, the CCP said in a statement that it has recently established a Centre of Excellence in Competition Law…
Pakistan’s Consumer Price Index (CPI) for Dec 2025 is expected to clock in at 5.75-6.25% YoY compared to 6.15% in Nov 2025 and 4.07% in Dec 2024. On a MoM basis, inflation for Dec 2025 is projected at -0.18%. During 2025, Inflation is likely to average 3.54%, the lowest yearly inflation in a decade, compared…
Central Bank has purchased a whopping US$1bn worth of foreign currency (USD) from the interbank FX market in Sep 2025. This brings the last 12 months (Oct 2024 to Sep 2025) intervention to US$6.9bn.Petrol Prices Declined By Rs 5.66 Per Litre To highlight, in Sep 2025, the Central Bank also repaid US$500mn international bond payment. SBP also…
As per the latest data released by the Pakistan Telecommunication Authority (PTA), local mobile phone companies manufactured/assembled 2.49 million units during Nov 2025, up 8% YoY compared to 2.31 million units in Nov 2024. Read More: Mobile phone assembly falls 46% in August The modest increase in local production is due to a slight recovery…