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Aamir Shafaat KhanDawn Business |
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...
KARACHI: Business leaders vehemently opposed the State Bank of Pakistan’s (SBP) decision to reduce the interest rate by 100 basis points to 12 per...
KARACHI: The overall import bills for vehicles and their spare parts have surged simultaneously of late. The stakeholders are, however, divided on the...
KARACHI: Trade and industry leaders appear divided on a possible cut in the interest rate on Monday as some believe that the State Bank of Pakistan...
KARACHI: Planning and Development Minister Ahsan Iqbal has assured the foreign investors of consistency in the policies to make Uraan Pakistan...
KARACHI: The auto financing slightly rose to Rs235.454 billion in December 2024 from Rs234.6bn in the preceding month. Auto financing turned negative...
KARACHI: Despite the absence of sales numbers by Saazgar Engineering Works Ltd, the entire auto sector, barring the tractor segment, showed robust...
KARACHI: Deputy Prime Minister and Foreign Minister Ishaq Dar has said that trade barriers are significant impediments to regional growth, as South...
KARACHI: With bilateral trade below $1 billion, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is leading an exporters’...
KARACHI: While already struggling under high food inflation and utility bills, consumers face another challenging experience of paying exorbitant...
KARACHI: Businessmen from all strata have welcomed the Uraan Pakistan initiative as a roadmap for reform and transformation, but cautioned that...
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