In a significant development, Indus Motor Company (IMC), the premier assembler of Toyota vehicles in Pakistan, announced a notable decision on Tuesday. They have chosen to reduce prices across their Toyota Yaris lineup in response to the appreciation of the Pakistani Rupee (PKR) against the ...

Pakistan's three major auto manufacturers are facing a temporary shutdown of their production plants. This interruption is primarily attributed to an ongoing shortage of essential raw materials. The affected companies include Honda Atlas Cars, Toyota Indus, and Pak Suzuki Motor Company (PSMC). To ...

The Pakistan Air Force (PAF) is currently hosting the Indus Shield 2023, a large-scale air exercise involving 14 nations, at one of its operational air bases. This exercise is recognized as a prominent event in the region, signifying the PAF's commitment to strengthening its aerial capabilities and ...

ISLAMABAD – Pakistan Air Force has kickstarted its multinational air drill, codenamed Indus Shield-2023, at one of its operational base. The air exercise was a splendid display of international camaraderie and airpower, as forces from the 14th Nation flocked to PAF’s Airpower Centre of ...

The "Indus Shield" 2023 exercise has commenced at the operational base of the Pakistan Air Force, involving three Islamic countries in aerial maneuvers. According to details, the opening ceremony of "Indus Shield" 2023 took place at the operational base of the Pakistan Air Force. This joint ...

In Islamabad, as electricity prices continue to increase for both industrial and domestic consumers, it's causing significant concern among large industries. One of the most affected sectors is the country's vast steel industry. On a recent Monday, a representative association from the steel ...

During a period of surging inflation, the sale of vehicles in Pakistan took a sharp nosedive, plummeting by 50 percent. Automobile dealers have expressed concerns about the potential rise in unemployment. In August FY23, only 5,900 cars were sold, marking a 52 percent decline compared to the same ...

The Pakistan Automotive Manufacturers Association (PAMA) has recently revealed its sales data for August, offering a glimmer of hope in a generally challenging landscape. Both car and motorcycle sales increased slightly compared to July. However, the most striking observation from the data is ...

In August, Pakistan experienced a significant boost in its textile exports, reaching the highest level since September 2022, with a total value of $1.53 billion, as reported by Arif Habib Limited. According to the most recent export data provided by the All Pakistan Textile Mills Association ...

In August, Pakistan's textile sector experienced a continued decline in exports, reaching $1.48 billion, which marked a 6% drop from the $1.58 billion recorded in the same month of the previous year. This information comes from provisional data released by the All Pakistan All Pakistan Textile ...