While leading automakers such as Pak Suzuki and Kia have raised vehicle prices following the implementation of new taxes under the Federal Budget 2025–26, Sazgar Engineering has taken a different approach. In an official announcement, the company stated that it will absorb the cost of the newly introduced New Energy Vehicles (NEV) Adoption Levy. As a result, Haval vehicle prices will remain unchanged. This decision comes at a time when Pak Suzuki Motor Company and Kia Lucky Motors increased their prices, citing the increased sales tax rate and additional levies introduced in the new fiscal policy. Suzuki models like the Alto, Cultus, and Swift saw noticeable price hikes, while Kia increased rates across most of its popular vehicles, including Sportage and Picanto. Sazgar, on the other hand, emphasized its commitment to customer welfare by maintaining price stability. “As a responsible and customer-focused organization, Sazgar has consistently taken proactive measures to protect t...
In a dramatic turn of events, the Federal Board of Revenue has lifted the freeze on Pakistan International Airlines ' bank accounts, but the shadow of financial woes looms large. With 28 accounts initially frozen and Pakistan State Oil issuing ultimatums, the national carrier finds itself in a precarious position. This financial saga unfolds against the backdrop of a European Union Aviation Safety Agency (EASA) team scrutinizing Pakistan's flight safety measures. PIA, previously barred from European operations following a 2020 crash and allegations of dubious pilot qualifications, faces a dual challenge: financial recovery and restoring international aviation credibility. As recovery proceedings persist, can PIA navigate these turbulent skies and regain its status as a safe and reliable airline? The answers may shape not only the fate of the national carrier but also the perception of Pakistan's aviation industry on the global stage.