In a significant move to stimulate the industrial sector, Prime Minister Shehbaz Sharif has approved the second phase of the Tariff Reform Plan for 2025-2030, providing Rs200 billion in import-duty relief. The plan entails substantial reductions in customs and regulatory duties across various sectors, including automobiles, iron and steel, textiles, chemicals, and plastics. The government…
A Danish shipyard continues to play an essential role in servicing the liquefied natural gas (LNG) carriers transporting gas from Russia’s Yamal LNG terminal. Despite political tensions and impending sanctions, the Fayard shipyard remains the only facility within the European Union that supports these specialized vessels. According to a report citing the local NGO Urgewald,…
The French Navy has intercepted and seized an oil tanker linked to Russia in the Atlantic Ocean, a vessel reportedly operating under international sanctions. This action was announced by French President Emmanuel Macron on Monday, emphasizing France’s efforts to block the so-called ‘shadow fleet’ that ships oil to finance Russia’s ongoing war in Ukraine. The…
The Senate Standing Committee on IT and Telecom, led by Senator Sadia Abbasi, has proposed reforms that may designate mobile and internet services as essential under the Essential Services Act. This change aims to provide stronger legal protections to these services, equating them with utilities like electricity and gas. During a recent session, the committee…
VFS Global, the world’s largest visa outsourcing company, is under intense scrutiny following revelations from a year-long international investigation conducted by Lighthouse Reports and multiple media partners. The probe suggests that VFS Global has been pressuring vulnerable visa applicants into purchasing optional paid add-on services, turning already costly visa applications into a more expensive and…
The United Kingdom’s plan to expand its nuclear power capacity is facing significant financial challenges as major projects encounter escalating costs and delays. The government aims to boost nuclear capacity to 24 gigawatts by 2050 as part of its strategy to reduce reliance on fossil fuels and enhance energy security. Two flagship nuclear projects, Sizewell…
The Khyber Pakhtunkhwa Environmental Protection Agency (EPA) has officially declared the oil terminals located in Nowshera as environmental hazards and issued formal notices to Pakistan State Oil (PSO) and Shell. This move follows violations of environmental laws observed at the oil terminals situated in Pabbi, Nowshera. According to the EPA, these violations were initially reported…
BYD, the global leader in new energy vehicles (NEVs), has launched a unique cinematic travel series titled “The Great Pakistan Adventure.” This initiative highlights Pakistan’s rich and diverse landscapes through four compelling journeys powered by the BYD Shark 6, the country’s most powerful plug-in hybrid electric vehicle (PHEV) pickup. The digital series consists of four…
The Haval H6GT Plug-In Hybrid Electric Vehicle (PHEV) is expected to make its official debut in Pakistan later this year, marking a significant addition to the country’s growing market for hybrid and electric automobiles. Recently, an H6GT model was spotted on the roads in Pakistan, sparking speculation about its availability. However, Sazgar, the company responsible…
Lucky Motor Corporation (LMC) has officially introduced the GAC Hyptec HT, a premium electric SUV, to the Pakistani market. Known for its distinctive gullwing doors and upscale features, the Hyptec HT aims to establish itself as a standout model in Pakistan’s growing electric vehicle (EV) segment. The Hyptec HT is launched in two variants: the…