Karachi, February 12, 2026: In a significant step aimed at supporting Pakistan’s economic recovery, the country’s banking sector has voluntarily reduced markup rates on the Export Refinance Facility (ERF) by 3 percent. The move lowers the end-user financing rate for exporters to 4.50 percent on all new loans and rollovers, …

Karachi: Pak Suzuki Motor Company (PSMC) has achieved a major milestone by exporting its popular Ecstar engine oil to Oman for the first time, becoming Pakistan’s first OEM to accomplish this achievement. According to the company, Ecstar is a globally recognized engine oil brand used for cars, motorcycles, and outboard …

Karachi: Karachi International Container Terminal (KICT) is facing serious delays as more than 38,000 containers are still pending delivery. Customs authorities have issued a warning and may take legal action under the Customs Act, 1969. The Collectorate of Customs Appraisement West sent a notice to KICT CEO Naveed Qureshi, saying …