Pakistan Economy Updates

[Fatman17]

Meezan Bank captures 24pc car financing share

KARACHI: Meezan Bank has strengthened its position in Pakistan’s automobile financing sector, with its Islamic Car...

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Bank captures 24% of the car financing market

 

[Fatman17]

QatarEnergy-controlled LNG tanker heads to Pakistan after exiting Hormuz, first in nearly three weeks

LSEG data shows it is currently heading to Port Qasim, Pakistan, with an estimated arrival date of July 31

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LNG tanker exits Hormuz for the first time in 3 weeks

 

[Fatman17]

Pakistan spends record $3.8bn on palm oil imports

Pakistan Vanaspati Manufacturers Association chairman attributes higher palm oil imports to rising demand for ghee and cooking oil.

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Expensive palm oil imports

 

[Fatman17]

Clover Pakistan enters EV charging business

Clover Pakistan has been appointed as the exclusive distributor and stockist for Pakistan for CITA-UK

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EV charging advances

 

[Fatman17]

$150 Million BYD Assembly Plant Near Completion in Pakistan - PakWheels Blog

BYD nears completion of its $150 million EV assembly plant in Gharo, Sindh. Features 25,000 annual capacity and 19 fast chargers.

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BYD assembly plant nears completion

 

[Fatman17]

MG Pakistan strikes deal to export vehicles to Bangladesh

ISLAMABAD: MG JW Automobile Pakistan on Thursday signed a Memorandum of Understanding (MoU) with Bangladesh’s RANCON...

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MG exports to Bangladesh

 

[Fatman17]

Pakistan exits war-risk list | The Express Tribune

Pakistan exits war-risk list

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[Fatman17]

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Pakistan secures safe passage for LNG shipment.
Al Areesh heads towards Karachi

 

[Fatman17]

‘Managed’ exchange rate hurts exports, investments

Exporters express dismay over the policy; former president of KCCI says there should be "gradual depreciation of currency to make Pakistani goods competitive".

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Exporters express dismay over the policy but devaluation in the past hasn't increased the exports. The issue is quality and competitiveness of the products