KARACHI – August 13, 2025 – The Federal Board of Revenue (FBR) has announced revised customs values for various categories of iron and steel scrap, including remeltable, HMS, shredded, and re-rollable grades.
(more…)Author: Faisal Shahnawaz
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PAK vs WI: Jayden Seales’ six-wicket haul levels ODI series
Tarouba, August 12, 2025 – West Indies fast bowler Jayden Seales delivered a sensational six-wicket performance to demolish Pakistan and secure a dominant victory, winning the three-match ODI series 2-1 at the Brian Lara Cricket Academy.
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AUS vs SA: Proteas level T20I series with record Brevis knock
Darwin, August 12, 2025 – A record-shattering unbeaten 125* from Dewald Brevis inspired the Proteas to a dominant 53-run victory over Australia in the second T20I, squaring the three-match series 1-1.
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SBP Publishes Updated KIBOR Rates for August 12, 2025
Karachi, August 12, 2025 – The State Bank of Pakistan (SBP) on Tuesday released the updated Karachi Interbank Offered Rates (KIBOR) for August 12, 2025, providing a benchmark for lending between banks. The KIBOR is widely used by financial institutions to set interest rates on corporate loans and other lending products.
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Tax hikes cause 60% plunge in car sales for July 2025
Karachi, August 12, 2025 – The automotive sector faced a sharp slowdown in July 2025 as the government’s new fiscal measures for FY 2025-26 took a heavy toll on consumer demand.
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Rupee edges higher against dollar in interbank trading
Karachi, August 12, 2025 – The Pakistani rupee posted a modest gain against the US dollar in Tuesday’s interbank foreign exchange market, appreciating by three paisas at closing.
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Hyundai Pakistan Introduces EMI Offer on Elantra Hybrid
Hyundai Nishat Motor (Private) Limited has announced an exciting Independence Day promotion, offering customers the opportunity to own the Hyundai Elantra Hybrid through easy monthly instalment (EMI) plans.
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Unisame criticizes agent dominance at Sindh taxation department
Karachi, August 12, 2025 – The Union of Small and Medium Enterprises (Unisame) has voiced strong concerns over the growing dominance of agents and brokers at the Sindh Excise and Taxation Department, which is causing serious inconvenience to motor vehicle owners.
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BYD Shark 6 PHEV Review: Pakistan’s First PHEV Pickup
Pakistan’s automotive sector has welcomed a groundbreaking entrant with the launch of the BYD Shark 6 Plug-in Hybrid Electric Vehicle (PHEV).
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SBP Issues Daily Exchange Rates for August 12, 2025
Karachi, August 12, 2025 – The State Bank of Pakistan (SBP) has officially released its daily exchange rates for August 12, 2025, providing updated figures for major global currencies.
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