Islamabad, December 11, 2025 – The Commission on Science and Technology for Sustainable Development in the South (COMSATS) has unveiled Pakistan’s first locally developed Electric Vehicle (EV) technology, designed in collaboration with technology partner AGECO (Pvt.) Ltd.
(more…)Author: Faisal Shahnawaz
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SBP issues updated KIBOR rates for December 11, 2025
Karachi, December 11, 2025 – The State Bank of Pakistan (SBP) has released the latest Karachi Interbank Offered Rates (KIBOR) for Thursday, providing updated reference rates for banks, financial institutions, and customers involved in interbank lending and borrowing.
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Pakistan’s weekly foreign exchange reserves increase by $23 million: SBP
Karachi, December 11, 2025 – The State Bank of Pakistan (SBP) on Thursday released its weekly update on the country’s foreign exchange reserves, reporting a slight but encouraging rise of $23 million for the week ending December 5.
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PSX marred by profit-taking, KSE-100 index sheds 877 points
Karachi, December 11, 2025 – The Pakistan Stock Exchange (PSX) witnessed a notable downturn on Thursday as investors engaged in broad-based profit-taking, causing the benchmark KSE-100 Index to fall by 877 points.
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SBP Issues Updated Currency Exchange Rates for December 11, 2025
Karachi, December 11, 2025 – The State Bank of Pakistan (SBP) on Thursday published the latest daily currency exchange rates to assist the public, financial institutions, and businesses in conducting foreign currency transactions.
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XPENG Pakistan Expected to Introduce Futuristic Flying Car
XPENG Pakistan is preparing for a major entry into the country’s automotive landscape, hinting at the possible launch of both electric vehicles and next-generation flying mobility solutions.
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New Toyota Hilux Secures Five-Star ANCAP Safety Rating
The latest Toyota Hilux has once again proven its reputation for reliability and strength, earning an impressive five-star safety rating from ANCAP, Australia’s leading vehicle safety authority.
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Toyota Yaris Limited Edition Promotional Campaign Officially Ends
Toyota Frontier Motors, one of Toyota’s prominent dealerships in Pakistan, has formally announced the conclusion of its promotional campaign for the Toyota Yaris 1.3 CVT Limited Edition, marking the end of a limited-time opportunity that attracted significant attention from prospective buyers across the country.
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Binguo EV is Lowest Priced MG Car in Pakistan: Price Revealed
MG Motor Pakistan has finally unveiled the official price of its latest electric hatchback, the MG Binguo EV, marking a significant milestone for budget-friendly electric mobility in the country.
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Fed Cuts Rates Amid Slower Job Growth and Economic Uncertainty
Washington, D.C., December 11, 2025 – The U.S. Federal Reserve on Wednesday lowered the target range for the federal funds rate by 25 basis points to 3.5–3.75%, marking its third rate cut in 2025. The decision was approved by a 9-3 vote of the Federal Open Market Committee (FOMC), reflecting the first meeting with three dissenters since September 2019, highlighting internal divisions over the pace of monetary easing.
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