Finance Minister Meets BYD Leadership, Reaffirms Government Support for Electric Vehicle Manufacturing and Localization in Pakistan
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met a delegation of BYD Group and Mega Motor Company (MMC) led by Mr. Liu Xueliang, Vice President of BYD Group and General Manager, BYD Asia Pacific Auto Sales Division, and Mr. Aly Khan, Chief Executive Officer, Mega Motor Company (Private) Limited, at the Finance Division today.
Welcoming the delegation, the Finance Minister appreciated BYD’s growing footprint in Pakistan and underscored the importance of strengthening business-to-business collaboration as a key pillar of the evolving Pakistan-China economic partnership. He noted that Pakistan attaches high priority to attracting technology-driven investments and expressed confidence that the BYD-MMC joint venture would contribute significantly to industrial development, technology transfer, job creation and export growth.
Mr. Liu Xueliang briefed the Finance Minister on BYD’s operations and future plans in Pakistan, highlighting the company’s progress in introducing new energy vehicle technologies to the local market in partnership with Mega Motor Company. He appreciated the Government of Pakistan’s support for the development of the electric vehicle (EV) sector and informed the meeting that construction of the company’s local manufacturing facility was progressing according to schedule. He shared BYD’s plans to expand its product portfolio, accelerate localization, introduce advanced charging technologies and contribute to the development of Pakistan’s EV ecosystem through investment, technology transfer and capacity building.
The delegation emphasized Pakistan’s growing potential as a market for new energy vehicles and outlined its long-term vision of positioning the country as a regional hub for EV manufacturing and exports. It also highlighted plans to develop charging infrastructure in collaboration with local partners and to train Pakistani engineers and technicians to support the sector’s future growth.
Mr. Aly Khan informed the Finance Minister that Pakistan occupies a strategic position in BYD’s global expansion plans and reiterated the joint venture’s commitment to long-term investment in the country. He briefed the meeting on the progress of the manufacturing project and outlined a phased localization roadmap aimed at increasing local content through engagement with domestic vendors and suppliers, thereby strengthening Pakistan’s automotive value chain and industrial base.
The Finance Minister noted that global trends clearly pointed towards an accelerating transition to electric mobility and reiterated the Government’s commitment to facilitating investments that support technological advancement, sustainable industrialization and energy efficiency. He observed that Pakistan’s improving macroeconomic fundamentals and enhanced external sector position had created a conducive environment for productive investment and industrial expansion.
Reaffirming the Government’s support for the EV sector, the Finance Minister encouraged the delegation to accelerate efforts towards local assembly, manufacturing and charging infrastructure development, noting that the availability of a robust charging network would be critical to expediting the adoption of electric vehicles across the country. He also highlighted the significant contribution of Chinese enterprises to Pakistan’s industrial development and expressed confidence that the BYD-MMC partnership would further deepen economic cooperation between Pakistan and China.
The meeting also featured a discussion on the future role of electric vehicles and plug-in hybrid electric vehicles (PHEVs) in Pakistan. The BYD delegation shared international experience regarding the evolution of EV markets and highlighted the complementary role of PHEVs during the transition phase, particularly in markets where charging infrastructure is still developing. Participants also discussed opportunities arising from Pakistan’s increasing adoption of solar energy and the potential synergies between renewable energy and electric mobility.
Both sides reaffirmed their commitment to strengthening collaboration in electric mobility, local manufacturing, technology transfer, skills development and sustainable transportation, with the shared objective of positioning Pakistan as a leading regional destination for new energy vehicle production and innovation.
🇵🇰 Pakistan Budget 2026-27 in Simple Terms
Imagine the entire federal budget is just 100 PKR:
💸 43 PKR goes to debt servicing
🏗️ 20 PKR goes to development spending
🛡️ 16 PKR goes to defence
🏛️ 6 PKR goes to running the government
🚧 5 PKR goes to PSDP projects
🤝 4.5 PKR goes to BISP
What's left?
🚍 Transport & Communications: 1.9 PKR
⚡ Energy & Water: 0.6 PKR
🎓 Higher Education: 0.25 PKR
📚 School Education: 0.14 PKR
🏥 Health: 0.13 PKR
🔬 Science & Technology: 0.02 PKR
Key takeaway: Out of every 100 PKR the government spends, almost 43 PKR is used just to service debt, while education, health, and science together receive less than 0.5 PKR.
A stark reminder of how limited fiscal space remains despite record revenues.
#PakistanBudget #Budget202627 #PakistanEconomy #FiscalPolicy #DebtServicing #PSDP #BISP #Education #Healthcare #Economy #Pakistan #Finance #Investing #PSX
‘We, of course, don’t use Google Search or anything like that as the foundation of our system. So, hope that’s clear’: Apple’s Craig Frederighi at #WWDC26 in Apple Park
#WWDC
Apple publishes a full-page press release blaming the EU for the delayed Siri AI launch in the region,
while China got one footnote treatment for the similar delayed Siri AI launch
10 BROWSER TOOLS THAT MAKE THE INTERNET YOURS AGAIN
Bookmark every single one. Google spent 2025 stripping power out of Chrome. These put it back.
1. https://t.co/Zh6H0niXnZ
A Firefox fork that took Arc's best ideas and threw out the Chromium. Vertical tabs, workspaces, split view, glance previews. Arc got abandoned in 2025. Zen is just getting started, and every Firefox extension works on day one.
2. https://t.co/kaQQFkhdVs
A Chromium browser with a built-in ad blocker Google can never disable. No Manifest V3 crippling, no tracking. It does the exact thing Chrome made illegal, baked straight into the browser.
3. https://t.co/KguDaRI37O
The best ad blocker ever made. Google killed the full version in Chrome with Manifest V3. It still runs at full power on Firefox, Zen, and Brave. The thing they took away from you is one browser switch from coming back.
4. https://t.co/6ctP5LJRHr
Firefox with the telemetry surgically removed and uBlock Origin pre-installed. No data collection, no Mozilla account, no Pocket ads. Hardened privacy out of the box with zero configuration.
5. https://t.co/k0SmN0ToSL
A desktop YouTube player with zero ads, zero account, and zero Google tracking. It uses its own extractor so YouTube serves the video but can't identify you. The thing Premium charges $13.99/month to remove is off by default here.
6. https://t.co/9h4H8Vy1Iu
A network-wide ad blocker that runs on your router. Blocks ads and trackers on every device in your home, including the smart TV and phone apps that have no extension system. Manifest V3 can't touch it because it never lived in the browser.
7. https://t.co/AIQ3IyKyKd
Loads the full text of any paywalled article by pretending to be Googlebot, because every site shows Google the article for free. NYT, WSJ, Bloomberg, Nature. Paste the URL, read the piece, no subscription.
8. https://t.co/HsZJmh3RT1
Automatically redirects YouTube, Twitter, Reddit, and Instagram links to private frontends with no ads, no tracking, and no login walls. You click a normal link and land somewhere Google never sees you.
9. https://t.co/mZETxphoe6
Shows you exactly which companies are tracking you across every site you visit and how widely each one reaches. The surveillance Chrome hides, made visible.
10. https://t.co/va714U8YBq
The EFF's tracker blocker that learns as you browse. It watches which domains follow you across sites and silently blocks the ones that do. Built by the people who actually fight for the open web in court.
Google built the internet you use. These built the one you actually want.
The Universal Control demo from WWDC21 is still one of the craziest Apple keynote moments ever.
I remember watching it live and being completely blown away
Full technical details of the air battle fought between India and Pakistan on this day one year ago have just been revealed by the Chief of Pakistan's Air Force #PAF, Air Chief Marshal Zaheer Ahmed Baber, #PAFAirChief.
Some very interesting, and never-before-revealed details!
Cybernet blocking VoWiFi and now selling “dedicated speed” for social apps? Exactly why #NetNeutrality matters. If they can slow down regular traffic and then charge extra to fix it, that’s not an upgrade — it’s paid prioritization. @PTAofficialpk
I recently found this practical guide to building agents from OpenAI while doing some reading on agent evals. Nothing groundbreaking in terms of technical content, but it provides a really nice / rigorous structure around agent concepts and their tradeoffs that is useful.
What is an agent? It is possible to integrate an LLM into an automated workflow in a way that is not agentic; e.g., single-turn LLMs or chatbots. The core characteristic that makes a workflow agentic is whether the LLM is provided control of the workflow execution and allowed to make decisions. For example, an agent can control when the workflow is finished, attempt to recover from issues, and use tools to gather context or take actions.
Agent components. An agent is an LLM-powered system that includes multiple components in addition to the LLM:
- Tools: external functions or APIs for taking actions or gathering context.
- Instructions: written guidelines that describe in detail how the agent is expected to behave. We should draw upon existing documentation for our task
Usually, we are using a reasoning model for the LLM, meaning that the model also has the ability to dynamically reason over the instruction to determine how to decompose a problem and call tools in order to accomplish a desired task.
Beyond single agent. We can handle complex tasks with one agent by simply adding ore tools to provide more capabilities. Multiple agents can be helpful to decompose complex workflows, but the extra complexity can also lead to downsides / lower performance.
We should only use multi-agents systems when necessary. Some signs that using multiple agents could be helpful are:
- Instructions are complex, contain many conditional cases, and are becoming difficult to scale / manage.
- Your single agent is experiencing tool overload, meaning that it struggles to select the correct tools from the large set of tools available due to the presence of many similar tools.
Multi-agent systems. There are two main ways we can create a multi-agent system:
1. Manager setup: we have a central “manager” agent that delegates sub-tasks to multiple specialized sub-agents via tool calls and stitches their results into a final answer.
2. Decentralized setup: we have multiple peer agents that hand tasks off to one another based upon their specific purposes.
Both of these structures are common in practice, and we should aim to make each agent in the multi-agent system flexible / composable to simplify scaling of the system over time. We don’t want a brittle system that breaks every time we need to tweak guidelines or add a new capability.
Good instructions. One of the biggest keys to success is writing the best possible instructions for the agent(s). To write good instructions, we should:
- Draw upon existing documentation for the workflow.
- Clearly define guidelines and desired actions for the task.
- Prompt the agent to break the problem into steps.
- Provide concrete examples of how to handle edge cases.
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