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Aamir Shafaat KhanDawn Business |
KARACHI: Sales of cars, sport utility vehicles, pickups and vans clocked in at 14,762 units in May, reflecting a rise of 35 per cent year-on-year and...
KARACHI: A worker at a shop arranges solar panels on Wednesday. According to Topline Securities, the country imported $2 billion worth of solar panels...
KARACHI: Some businessmen have extended a cautious welcome while others have labelled it a “camouflage budget” due to its unrealistic targets and...
KARACHI: As the government prepares to unveil the federal budget for the next fiscal year, the upcoming National Tariff Policy 2025-30 — designed...
Ehsan Malik, Pakistan Business Council CEO KARACHI: Business leaders have advised the government to avoid surprises in the upcoming federal budget...
KARACHI: Amid falling lending costs, auto financing increased by 2 per cent month-on-month and 12pc year-on-year to Rs263 billion in April. This was...
KARACH: Fertiliser makers are upset over reports that the government intends to increase the federal excise duty on key ingredients to 10 per cent in...
KARACHI: Sales of cars, sports utility vehicles, pickups and vans clocked in at 10,596 units in April, reflecting a one per cent year-on-year (YoY)...
KARACHI: As the International Monetary Fund (IMF) is pushing the government for rationalisation of tariffs on the auto industry, the All Pakistan Car...
KARACHI: The local auto industry and its suppliers are facing uncertainty ahead of the FY26 budget as the International Monetary Fund (IMF) is...
KARACHI: Contrary to the cautious welcome by the multinational companies, the entire business community slammed the State Bank of Pakistan (SBP) for...
KARACHI: Amid growing uncertainty over a war-like situation between Pakistan and India, auto assemblers on Wednesday surprised customers with price...
• Transporters say thousands of trucks are now stranded; cargo being spoilt with each passing day • Ports anticipate crisis; manufacturers face...
KARACHI: Industrial activities on Saturday displayed a mixed response to the Jamaat-i-Islami’s strike call to protest the ongoing genocide in Gaza...
• Oil companies warn of supply disruption as containers stuck at Sindh-Punjab border • KCCI president decries losses incurred by businesses...
It may sound weird that the price of gold is fixed daily based on domestic and international economic indicators despite the discontinuation of its...
• 20,000-25,000 containers missed port deadlines during the strike • Clearance of backlog expected to take up to 25 days • $300,000-$400,000...
• Claim ports are paralysed, thousands of containers stuck, perishables rotting away • Transporters seek grace period to implement new Sindh govt...
KARACHI: The downward trajectory in the interest rate continued to lure buyers towards auto financing, which increased to Rs257.3 billion at the end...
Amid rosy economic indicators, like a three-decade low consumer price index (CPI) for March 2025 at 0.7 per cent, a drop in the interest rate to 12pc...
KARACHI: Domestic gold prices surged to an all-time high on Friday, driven by soaring international rates amid intensifying trade tensions between the...
KARACHI: Multinational companies operating in Pakistan offer divergent views as some see a 29 per cent reciprocal tariff imposed by the United States...
KARACHI: Businessmen have welcomed Prime Minister Shehbaz Sharif’s decision to reduce the power tariff, saying that it will “release financial...
KARACHI: The price checking brigade of Karachi Commissioner has collected around Rs45 million in fine imposed on 4,345 retailers till 27th of Ramazan...
KARACHI: Opening up the automotive sector under the International Monetary Fund’s (IMF) economic liberalisation plan for Pakistan has stoked fears...
KARACHI: Domestic 10-gram and one-tola gold rates reached an all-time high of Rs275,205 and Rs321,000 on Thursday, up by Rs2,743 and Rs3,200 on rising...
KARACHI: The Pakistan Business Council (PBC) has urged the government not to make hasty decisions on reducing customs duties without comprehensively...
KARACHI: The Karachi Fish Harbour is set to get a major facelift before an audit by the European Union (EU) in the first week of April. The audit by...
KARACHI: Consumers continued to pay high prices for sugar despite Deputy Prime Minister Ishaq Dar’s firm announcement a few days back that the...
KARACHI: The World Trade Organisation (WTO) has said that Pakistan has formally accepted the Agreement on Fisheries Subsidies. Pakistan’s Ambassador...
KARACHI: The falling interest rate has further raised auto financing to Rs249 billion at the end of February from Rs241.6bn in January. Buyers are...
KARACHI: After suspending the booking for Suzuki Mehran and Bolan, the Pak Suzuki Motor Company (PSMC) has now decided to pull the plug on Suzuki...
KARACHI: The domestic gold prices for 10-gram and one-tola reached an unprecedented high of Rs269,204 and Rs314,000 on Friday, increasing by Rs4,030...
KARACHI: Some greedy retailers have pushed up the retail price of sugar to as high as Rs180 per kg from Rs170 by attributing the hike to rising...
KARACHI: Auto sales — cars, pickups, vans and light commercial vehicles — clocked in at 12,084 units in February, reflecting a 24 per cent...
KARACHI: Most owners of big factories hailed the State Bank’s cautious approach to keep the interest rate unchanged at 12 per cent on Monday, but...
KARACHI: The State Bank finds itself in a dilemma over the interest rate as on one hand the business community is clamouring for a cut of 500 basis...
KARACHI: The retail price of sugar has surged to Rs170 per kg in Karachi, Lahore, and Islamabad due to a rise in wholesale rates amid strong demand in...
KARACHI: Despite tall claims by the price regulator to deal with overcharging retailers with an iron fist, consumers faced the same challenging...
KARACHI: As the federal government and millers plan to provide sugar at Rs130 per kg nationwide, the wholesale price of the sweetener continues to...
KARACHI: Prices of essential commodities are showing a mixed trend a week before Ramazan unlike the same period of last year when most items had shot...
KARACHI: The 10-gram and one-tola gold rates on Wednesday hit an all-time high of Rs264,060 and Rs308,000, showing a jump of Rs3,258 and Rs3,800,...
KARACHI: The downward trend in the interest rates has pushed up auto financing to Rs241.6 billion in January from Rs235.45bn in December 2024, data...
KARACHI: As Ramazan approaches in less than 15 days, the drop in international prices has led to lower rates for some varieties of pulses in both...
KARACHI: Just two weeks ahead of Ramazan, tomato prices have crashed due to a bumper crop leading to an oversupply, offering relief to consumers...
THE cut in the interest rate to 12 per cent from 22pc in June 2024 is reviving auto financing at a snail’s pace as either the monthly instalments...
KARACHI: In continuation of a record-setting spree, the local one-tola gold bar price crossed the benchmark of Rs300,000 on Friday for the first time...
KARACHI: The price of one tola of gold reached closer to Rs300,000 on the back of all-time high international prices due to the looming uncertainty...
As the local bus assemblers have already been struggling hard to revive their sales amid ongoing imports of new buses, the Sindh government has...
KARACHI: Gold continued to record on Saturday with prices of 10 grams and one tola, reaching another historic high. The rising price has also made the...
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