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Syeda Mubeena Hashmi Posted in Economy & Business

Pakistan’s Draft Auto Policy Faces Strategic Questions

Pakistan’s proposed auto policy for 2026-31 targets $6 billion in exports, electrification and stronger local manufacturing, but critics question its strategy. The draft offers lower sales tax on plug-in hybrids than standard rates, potentially weakening incentives for battery electric vehicles. Without export commitments and stronger local production, cheaper imports could deepen dependence on low-value assembly rather than building a competitive automotive industry. Read More…

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Syeda Mubeena Hashmi Posted in Economy & Business

Government Raises Proposed Wheat Price for 2027 Season

Prime Minister Shehbaz Sharif has set the illustrative wheat price for 2027 at Rs4,500 per maund, an increase of Rs1,000 from last year. The government aims to ease farmers’ financial pressures amid rising production costs and inflation, encourage wheat cultivation, boost domestic output and strengthen Pakistan’s food security while reducing reliance on imports. Read More…

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Syeda Mubeena Hashmi Posted in Economy & Business

Oil Prices Rise as Middle East Tensions Threaten Supply

Brent crude is heading for a third consecutive weekly gain, rising 4.2pc, amid escalating regional tensions and potential supply disruptions. Saudi Aramco evacuated its Dhahran headquarters as fighting intensified with Yemen’s Houthis. Meanwhile, an oil spill was reported off the UAE coast, Libyan pipeline disruptions reduced output, and Russian diesel shipments resumed towards the United States. Read More…

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Syeda Mubeena Hashmi Posted in Economy & Business

Sindh’s Untapped Potential in Aquaculture and Rural Industry

Sindh’s long coastline, fertile land and agricultural resources offer major opportunities for aquaculture and rural industries, yet investment remains limited. The concentration of capital, an unsupportive business environment and weak processing and cold-chain infrastructure have hindered growth, preventing local resources from generating wider employment and industrial development. Read More…

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Syeda Mubeena Hashmi Posted in Economy & Business

Shehbaz Sharif Appoints Retired General as Energy Adviser

Prime Minister Shehbaz Sharif has appointed retired Lieutenant General Muhammad Zafar Iqbal as special assistant on energy, with the status of minister of state. Iqbal will oversee the power and petroleum divisions of the Ministry of Energy. He was already managing these areas through the National Coordination and Management Council, which handles fuel imports and power generation priorities. Read More…

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