Pakistan’s premium car segment is set for a major boost as Dewan Motors, the official importer of BMW in the country, has opened pre-bookings for a fresh lineup of MINI models.
(more…)Author: Faisal Shahnawaz
-
PKR appreciates against US dollar amid strong remittances
Karachi, February 13, 2026 – The Pakistani rupee (PKR) strengthened slightly against the US dollar on Friday, gaining 3 paisa amid robust inflows of overseas remittances ahead of the holy month of Ramadan.
(more…) -
Hyundai Pakistan to Launch Locally Assembled Hyundai Palisade After Korea — Booking Timeline Announced
In a major development for the local auto industry, Hyundai Nishat Motors has confirmed plans to introduce the locally assembled Hyundai Palisade in Pakistan.
(more…) -
SBP Issues Daily Interbank Foreign Exchange Rates: February 13, 2026
Karachi, February 13, 2026 – The State Bank of Pakistan (SBP) has released the updated daily interbank foreign exchange rates for Friday, February 13, 2026, to guide banking consumers, traders, and businesses in their currency dealings. The SBP noted that these rates are compiled for informational purposes and reflect estimates based on data collected from commercial banks.
(more…) -
Muzarabani leads Zimbabwe to big victory over Australia in T20 World Cup 2026
Colombo, February 13, 2026 – Zimbabwe produced a historic performance as Blessing Muzarabani’s four-wicket haul powered them to a 23-run victory over Australia in the ICC Men’s T20 World Cup 2026 group stage match here on Friday.
(more…) -
PPL posts 26% profit drop as higher costs and taxes squeeze quarterly earnings
Karachi, February 13, 2026 – Pakistan Petroleum Limited (PPL) on Friday announced a sharp 26 percent decline in its after-tax profit for the quarter ended December 31, 2025, primarily due to a significant rise in operating expenses and higher tax payments.
(more…) -
Today’s 1 Bitcoin Rate Against US Dollar – February 13, 2026
Updated at 3:50 AM GMT: The price of 1 Bitcoin (BTC) in United States Dollars (USD) continues to show volatility as of February 13, 2026. Today, 1 BTC is trading at $66,631.68 USD, reflecting a modest increase of $390.99 USD (+0.59%) compared to yesterday.
(more…) -
Blind spot at FBR: How CNIC identity theft is fueling widespread car purchase fraud
Karachi, February 13, 2026 — In a major embarrassment for the tax authorities, the Federal Tax Ombudsman (FTO) has strongly censured the Federal Board of Revenue (FBR) for issuing a tax concealment notice to a woman over a car purchase she never made, exposing alarming gaps in verification and enforcement mechanisms.
(more…) -
Pakistan sees $36 million increase in weekly foreign exchange reserves
Karachi, February 12, 2026 — Pakistan recorded a $36 million rise in total foreign exchange reserves during the week ended February 6, 2026, according to the latest data released by the State Bank of Pakistan (SBP) on Thursday. The increase reflects modest improvement in the country’s external sector position amid ongoing efforts to stabilize the economy.
(more…) -
SBP Releases Daily KIBOR Rates – February 12, 2026
Karachi, February 12, 2026 – The State Bank of Pakistan (SBP) on Thursday released the daily Karachi Interbank Offered Rates (KIBOR) to provide updated benchmarks for banks, financial institutions, and stakeholders. KIBOR rates serve as a key reference for pricing loans, deposits, and other financial instruments in Pakistan.
(more…)