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![]() Aamir Shafaat KhanDawn Business |
KARACHI: Torrential rains on Tuesday severely disrupted industrial operations across Karachi, with many factories unable to resume afternoon and night...
• Arrival of used clothing hits a record $511m in FY25 • Flea markets have become vital for low-income groups as new branded goods become...
KARACHI: After a 43pc surge during FY25, the new fiscal year FY26 began on a positive note, with sales of cars, light commercial vehicles (LCVs),...
KARACHI: Pakistan’s food import bill rose to a record $8.14bn in FY25, up 3pc from $7.90bn in FY24, as imports of palm oil, soybean oil, pulses and...
KARACHI: Local auto parts manufacturers have warned of a potential shutdown of Pakistan’s car assembly industry within the next two years if the...
KARACHI: Local auto parts manufacturers have warned of a potential shutdown of Pakistan’s car assembly industry within the next two years if the...
KARACHI: The business community, except multinationals, has expressed intense disappointment over the State Bank of Pakistan’s (SBP) decision to...
KARACHI: Senior security officials on Monday held a meeting with bullion traders to address concerns over gold price speculation, rising rates, and...
High production in the two most sought-after crops (onions and potatoes) has resulted in an all-time high vegetable export of 1.395 million tonnes...
KARACHI: Confusion gripped the business community on Friday as key trade and industry bodies appeared divided over whether the countrywide strike...
KARACHI: Low interest rates continued to attract buyers towards auto financing, with outstanding car loans rising to Rs276.6bn by the end of June —...
The import of pulses has reached an all-time high of 1.32 million tonnes ($918m) in just 10 months of FY25, breaking the record of 1.315m tonnes...
KARACHI: Pakistan’s auto industry posted a strong rebound in FY25, with double- and triple-digit growth across most segments, signalling a revival...
KARACHI: The Pakistan Business Council (PBC) has expressed surprise over the federal government’s approval of a new industrial policy without prior...
KARACHI: Following the imposition of a carbon levy and an increase in sales tax under the federal budget 2025-26, several automobile assemblers have...
KARACHI: As banners condemning the proposed Finance Bill 2025-26 appeared across Karachi, businessmen voiced strong opposition to both the federal...
• Difference in upfront cost of hybrid, petrol cars is around Rs4m • Maintenance charges also make timeline to recover initial investment on...
KARACHI: While multinationals praised the State Bank’s decision to maintain the interest rate at 11 per cent, local businessmen on Monday expressed...
• For third year, no new mega project announced for the country’s economic hub • Meagre allocations for Sukkur motorway and K-IV projects...
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...