KARACHI : Chery Master Pakistan is gearing up to deliver Tiggo 8 PHEV as promised to pre-registered customers in Apr’26. Tiggo PHEV series was first unveiled in Nov’25 at Pakistan Auto Show 2025, followed by a nationwide sneak preview. Master Auto Engineering signed an agreement with Chery Global in May’25. Advance booking for Tiggo 8…
Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Saturday said that the country’s ports remained fully operational on Eid day to facilitate exporters and importers, in line with the vision of Prime Minister Shehbaz Sharif.In a statement, Junaid Chaudhry said uninterrupted port operations during the festive occasion marked a significant step towards ensuring…
Prime Minister Shehbaz Sharif rejected a major proposed increase in petroleum prices to ease inflation and reduce financial pressure on citizens. The proposal suggested raising petrol prices by PKR 76 and diesel by PKR 177 for the upcoming week. The government decided to keep fuel prices unchanged for the second consecutive week.4. To maintain prices,…
India’s LPG market faces acute disruption after Hormuz tensions choked supplies, driving price volatility and forcing emergency sourcing measures across the energy chain. India’s liquefied petroleum gas market has been thrown into turmoil after escalating tensions around the Strait of Hormuz disrupted cargo flows and triggered supply shortages across key importing regions. The crisis has…
Crude retreated after Israel said the Iran war may end sooner and signaled no further strikes on Iran’s South Pars gas field, easing fears of deeper supply losses. Oil prices fell sharply on Friday after Israeli Prime Minister Benjamin Netanyahu said the war with Iran could end sooner than expected and signaled that Israel would…
Islamabad— Pakistan has secured a major financial success in the CASA-1000 project, saving over USD 27 million after successfully negotiating down contractor claims. The EPC Contractor, M/s Hitachi–Cobra JV, had escalated its Care & Custody claim to approximately USD 32.9 million for Pakistan and USD 28.5 million for Tajikistan. A high-level meeting held from 9–10…
KARACHI: With petrol prices in Pakistan staying above Rs320 per litre, the cost dynamics of operating a sport utility vehicle are increasingly tilting in favour of plug-in hybrids and range-extended electric vehicles, according to Syed Asif Ahmed, Director Sales and Marketing, Chery Master Pakistan. Pakistan’s latest official petrol pricing data places ex-depot MS petrol at…
BYD Pakistan and Mega Motor Company deliver 100 Atto 2 vehicles in one day, signaling rising electric vehicle adoption across major cities. BYD Pakistan, in partnership with Mega Motor Company (MMC), delivered 100 Atto 2 electric vehicles across multiple cities in a single day, marking a key milestone in the country’s growing new energy vehicle…
Government plans to cushion up to Rs49 per litre increase in fuel prices through subsidies and price differential claims amid sharp global oil rally. The Pakistan government is expected to absorb a sharp increase in oil prices of up to Rs49 per litre following a surge in global markets driven by rising tensions in the…
Pakistani rupee posts marginal gain as dollar eases slightly, while global currency markets remain volatile amid central bank signals and Middle East tensions. The Pakistani rupee strengthened marginally against the US dollar in the inter-bank market on Thursday, closing at 279.25, up by Re0.01 from the previous session’s close of 279.26. The minor appreciation reflects…