Author: Faisal Shahnawaz

  • SBP Updates Daily KIBOR Rates for November 20, 2025

    SBP Updates Daily KIBOR Rates for November 20, 2025

    Karachi, November 20, 2025 – The State Bank of Pakistan (SBP) on Thursday released the latest Karachi Interbank Offered Rates (KIBOR), providing updated benchmark lending rates used by banks and financial institutions across the country.

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  • SBP releases updated currency exchange rates for November 20, 2025

    SBP releases updated currency exchange rates for November 20, 2025

    Karachi, November 20, 2025 – The State Bank of Pakistan (SBP) on Thursday issued its updated weighted average customer currency exchange rates, helping banking customers and market participants stay informed about the latest forex valuations.

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  • PCB denies finalization of cities for new PSL franchises

    PCB denies finalization of cities for new PSL franchises

    Lahore, November 20, 2025 – The Pakistan Cricket Board (PCB) on Thursday refuted media reports claiming that the city names for two new Pakistan Super League (PSL) franchises had already been finalized.

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  • TOMCL dispatches first export consignment to Carrefour Qatar

    TOMCL dispatches first export consignment to Carrefour Qatar

    Karachi, November 20, 2025 – The Organic Meat Company Limited (TOMCL) has confirmed the dispatch of its first export consignment to Carrefour Qatar, marking a significant milestone in the company’s regional expansion strategy.

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  • Pakistan Petroleum clarifies project in Sirani Block, denies artificial island reports

    Pakistan Petroleum clarifies project in Sirani Block, denies artificial island reports

    Karachi, November 20, 2025 – Pakistan Petroleum Limited (PPL) has addressed recent media reports suggesting the company is reclaiming land from the sea to construct an artificial island. In a statement to the Pakistan Stock Exchange (PSX) on Thursday, PPL emphasized that such reports are misleading and do not accurately reflect the technical scope and design of the project.

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  • Honda Atlas Cars pays over Rs1 billion in income tax during first half of FY2025

    Honda Atlas Cars pays over Rs1 billion in income tax during first half of FY2025

    Karachi, November 20, 2025 – Honda Atlas Cars Limited has released its financial results for the six months ending September 30, 2025, revealing a significant jump in tax payments and profitability. The automaker confirmed that it paid more than Rs1 billion in income tax during the period, marking a substantial rise from Rs230 million paid in the same months last year—an increase of nearly 340%.

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  • SBP updates KIBOR rates for November 19, 2025

    SBP updates KIBOR rates for November 19, 2025

    Karachi, November 19, 2025 – The State Bank of Pakistan (SBP) on Wednesday released the latest Karachi Interbank Offered Rates (KIBOR), providing updated benchmark lending rates used by banks and financial institutions for pricing loans, corporate financing, and other credit products.

    (more…)
  • PSX records strong gains as KSE-100 index jumps 1,291 points

    PSX records strong gains as KSE-100 index jumps 1,291 points

    Karachi, November 19, 2025: Pakistan Stock Exchange (PSX) witnessed a robust trading session on Wednesday, with the benchmark KSE-100 index surging 1,291 points to close at 162,226, up from the previous day’s 160,935 points. The day’s trading reflected renewed investor confidence and optimism in key sectors of the market.

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  • SBP Announces Daily Customer Exchange Rates – November 19, 2025

    SBP Announces Daily Customer Exchange Rates – November 19, 2025

    Karachi, November 19, 2025 – The State Bank of Pakistan (SBP) has released the latest daily customer exchange rates for Wednesday, November 19, 2025, to guide banking consumers and facilitate smooth foreign currency transactions.

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  • CSM Launches Zero-Markup EMI Plan for JMEV Elight in Pakistan

    CSM Launches Zero-Markup EMI Plan for JMEV Elight in Pakistan

    Capital Smart Motors (CSM) has officially unveiled its zero-markup easy monthly instalment (EMI) plan for the stylish and futuristic JMEV Elight electric sedan.

    With a strong push toward cleaner transportation solutions, this offer aims to make EV ownership easier, more affordable, and more appealing for local buyers.

    According to CSM, the price of the JMEV Elight starts from Rs 8,499,000, placing it in the premium electric sedan category — but the new financing plan significantly lightens the upfront burden.

    Monthly instalments for the vehicle begin from Rs 241,639, making this one of the most competitive electric vehicle EMI options currently available in Pakistan.

    A Zero-Markup Plan Designed for Convenience

    This special EMI package is tailored to encourage more drivers to transition toward electric mobility.

    Customers can bring home the JMEV Elight by paying a 50% down payment, with the remaining amount spread across 18 monthly instalments at a flat 0% markup.

    That means no hidden interest fees or unexpected additions — a rare offering in Pakistan’s automotive financing landscape.

    CSM has also bundled the plan with added conveniences, including insurance, tracking services, and processing support, allowing buyers to enjoy a smooth, hassle-free purchasing experience without worrying about third-party arrangements.

    Comfort and Premium Variants to Meet Every Need

    The JMEV Elight is offered in two variants: Comfort and Premium. Both are equipped with modern EV features, a sleek aerodynamic design, and smart onboard technology.

    The electric sedan’s futuristic styling, smooth performance, and environmentally friendly build make it an appealing choice for daily commuting as well as long-distance comfort.

    With the global automotive market leaning heavily toward electrification, the JMEV Elight positions itself as a forward-thinking option for Pakistani buyers seeking efficiency without compromising style or innovation.

    A Step Toward a Cleaner, Smarter Future

    CSM highlights that this initiative is more than just a financing offer — it’s a step toward promoting sustainable transportation in Pakistan.

    As fuel prices rise and environmental concerns increase, electric vehicles are becoming a realistic and desirable alternative for many households.

    For those who have been waiting for the right time to switch to electric, this zero-markup EMI plan, combined with a competitive starting price of Rs 8.499 million, provides the perfect opportunity to join the EV revolution.