Car sales in Pakistan increased by 43% year-on-year (YoY) to 111,377 units in the first seven months of the fiscal year 2025-26 (FY26), showed Pakistan Automotive Manufacturers Association (PAMA) on Tuesday. Car sales (including LCVs, Vans, and Jeeps) stood at 77,686 units in 7MFY25. “There are two reasons for the increase in sales of all vehicles; a decrease in interest rate set by the Stat
Ambassador of the United Arab Emirates H.E. Hammad Obaid Ibrahim Salem Al-Zaabi said that Pakistan and the UAE are at the final stage of signing a Comprehensive Economic Partnership Agreement (CEPA), which would significantly boost bilateral trade and remove business obstacles between the two countries. He said the current trade volume of around 8 to 10 billion dollars does not reflect the true
The Federal Board of Revenue (FBR) has integrated 11,141 big retailers into the Point of Sales (POS) system up to February 2026 to document transactions of Tier-I retailers, especially hotels/restaurants. In December 2025, the total number of registered retailers stood at 10,858. This means that a total of 283 retailers were registered during the last two months. According to the list of ret
Pak Suzuki Motor Company (PSMC) has successfully exported its first shipment of Ecstar engine oil to Oman, becoming the first Original Equipment Manufacturer (OEM) in Pakistan to achieve this milestone. According to an official announcement made by the PSMC, the Ecstar is a globally trusted engine oil brand, renowned for its high performance automotive, motorcycle, and outboard engine oils. Pak
Gold and silver prices rose on Wednesday as US Treasury bond yields fell after data showed December retail sales growth stalled, signalling a softening economy ahead of key jobs data. Lower US yields reduce the opportunity cost of holding non-yielding assets such as gold, and they often accompany macroeconomic shifts, like expectations of slower growth or looser policy, that tend to support pre