LSM Sector Grows 6.48% in July-March Fy26, Automobile Leads Surge

Pakistan’s Large Scale Manufacturing (LSM) sector recorded a healthy growth of 6.48 percent during July–March 2025-26 compared to the same period last year, according to provisional data released by the Pakistan Bureau of Statistics (PBS). The Quantum Index of Manufacturing (QIM) stood at an average of 124.80 points during the nine-month period, up from 112.42 […]

Pakistan Moves to Turn Garbage into Power with New WtE Policy

In a significant move to promote sustainable energy generation and modern waste management, the federal government has constituted an 18-member task force to formulate a comprehensive national Waste-to-Energy (WtE) policy aimed at addressing regulatory gaps and attracting investment in the sector. According to an official notification issued by the Power Division, the task force has […]

ML-1, Diamer Basha and Thar Rail Connectivity Projects Approved by ECNEC

The Executive Committee of the National Economic Council (ECNEC) has approved a number of major development initiatives aimed at strengthening Pakistan’s infrastructure, transport network, water resources and social sectors, reaffirming the government’s focus on long-term economic growth and regional connectivity. The meeting, chaired by Deputy Prime Minister and Foreign Minister Ishaq Dar, approved the detailed […]

Chinese Tech Giant IBI to Set Up Digital Economy Headquarters in Pakistan

In a major boost to Pakistan’s digital economy ambitions, Chinese technology firm IBI Beijing United Technology has announced plans to establish its Digital Economy headquarters in Pakistan, the Prime Minister’s Office confirmed. The landmark decision follows a high-level meeting between Prime Minister Shehbaz Sharif and an 11-member delegation from IBI, led by its founder, president, […]

China Offers AI Hub to Pakistan, Invites Islamabad to Join World Education Alliance

Federal Minister for Education and Professional Training Khalid Maqbool Siddiqui has announced that China has offered to establish an Artificial Intelligence (AI) hub in Pakistan and also invited the country to join the World Education Alliance, reflecting the growing depth of bilateral cooperation in education and technology. Addressing a news conference after returning from the […]