LNG Surplus Puts Petroleum Division Under Strain

    By Aftab Ahmed | January 12, 2026

    Petroleum Division in Pakistan faces a difficult position after the Power Division said it cannot use nine additional LNG cargoes planned for delivery in 2026 year. The unused cargoes are valued at around 270 million dollars and were included in an annual LNG supply plan agreed with Qatar and ENI earlier. According to officials, revised…

    Inefficiencies Add Billions To Power Sector Debt

    By Aftab Ahmed | January 12, 2026

    Power sector in Pakistan continues to face mounting financial pressure as inefficiencies, losses, and weak recoveries add billions of rupees to national debt. Despite a restructuring deal that reduced part of the outstanding burden, underlying structural problems remain largely unresolved across the electricity distribution system. During FY25, losses, inefficiencies, and under-recoveries added Rs397 billion to…

    PTA Explains How 5G Spectrum Will Be Sold

    By Aftab Ahmed | January 12, 2026

    The Pakistan Telecommunication Authority (PTA) has outlined how 5G spectrum will be sold, sharing bands, lot structures, and limits for the Next Generation Mobile Services auction. According to the Information Memorandum revealed last week, 597.2 MHz of spectrum below 6 GHz will be offered through a structured, multi-band auction process nationwide. The much-awaited 5G auction…

    Rare Snowfall Possible In Lahore As Cold Wave Nears

    By Aftab Ahmed | January 12, 2026

    Long-range weather models suggest Lahore could witness extremely rare snowfall later this month as an intense cold wave, driven by Siberian air, grips Pakistan. Meteorologists say temperatures may plunge across large parts of the country to levels not observed for nearly a century, according to extended model projections. Forecasts from ECMWF, GFS, and ICON indicate…

    Nexgen Announces JAECOO J5 Hybrid Prices

    By Aftab Ahmed | January 12, 2026

    Nexgen Auto has announced the official ex-factory introductory prices of the JAECOO J5 SHS HEV, expanding its hybrid sports utility vehicle lineup in Pakistan. The company said the JAECOO J5 SHS HEV Comfort has been priced at Rs 6,699,000, while the Premium variant carries an ex-factory price of Rs 7,699,000. Nexgen stated the introductory prices…

    Punjab Extends Winter Holidays After Public Poll

    By Aftab Ahmed | January 10, 2026

    The Punjab government has extended winter holidays for educational institutions by one week after receiving strong public support through an online consultation exercise nationwide survey. Punjab Education Minister Rana Sikandar Hayat announced that all schools and colleges across the province will now reopen on January 19 following public consultation process. He said the decision followed…

    Gold Prices Surge Across Pakistan on Saturday

    By Aftab Ahmed | January 10, 2026

    Gold prices in Pakistan rose sharply on Saturday January 10 2025 according to rates issued nationwide by association. The price of 24 karat gold per tola increased by Rs3700 to Rs473262 in the domestic market today. Similarly the price of 10 grams of 24 karat gold rose by Rs3172 reflecting a strong upward trend. Rates…

    Cath Labs Planned for Every District of Punjab

    By Aftab Ahmed | January 10, 2026

    Punjab Chief Minister Maryam Nawaz has announced a province-wide plan to establish cardiac catheterisation laboratories in every district of Punjab, bringing advanced care. On her directions, cardiac catheterisation laboratories will soon become functional at district headquarters hospitals in Jhang, Mianwali and Vehari, initially under the project. Officials said the initiative marks an unprecedented expansion of…

    PKR Gains Amid Global Dollar Strength, Oil Rise

    By Aftab Ahmed | January 9, 2026

    The Pakistani rupee gained slightly against the US dollar on Friday, closing at 280.02 in the inter-bank market. This reflected an appreciation of Re0.03 compared with Thursday, while the currency remained relatively stable amid modest market fluctuations. In the open market, the PKR rose by 3 paisa for buying and 5 paisa for selling rates….

    SBP Data Shows Strong Remittance Inflows

    By Aftab Ahmed | January 9, 2026

    Overseas workers sent $3.59 billion in remittances to Pakistan in December 2025, according to data released by the State Bank of Pakistan. The inflow marked an increase of nearly 16.5% compared with the $3.1 billion recorded in December last year. On a monthly basis, remittances rose by 13% from $3.2 billion in November. During the…