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Aamir Shafaat KhanDawn Business |
KARACHI: Two Japanese vehicle assemblers have opted to stay out of the price war triggered by a historic cut from Lucky Motor Corporation Ltd (LMCL)...
KARACHI: Amid unprecedented 22 per cent interest rate and restrictions imposed by the State Bank of Pakistan (SBP) to curb vehicle demand, consumers...
KARACHI: Mill owners on Friday further reduced the rates of various flour varieties by Rs4 per kg to pass on the impact of huge arrival of cheap...
KARACHI: Domestic sugar prices have risen by Rs10 to Rs150-150 per kg in different parts of the country amid reports that the government is under...
KARACHI: A number of export-oriented industries opened their units on Tuesday despite a local holiday in the country’s economic nerve centre, which...
KARACHI: The 10 gram and one tola gold rates climbed to an all-time high of Rs216,221 and Rs252,200 on Saturday — up by Rs1,286 and Rs1,500 on the...
KARACHI: Consumers remained reluctant to avail costly auto financing, which consequently plunged for the 21st consecutive month ending March 2024 to...
KARACHI: Sales of cars, light commercial vehicles (LCVs), pickups and jeeps dropped three per cent to 9,379 units in March from 9,709 units in...
KARACHI: A $20 per ounce jump in world gold rates on Tuesday pushed the local 10-gram and one-tola prices to new all-time highs of Rs214,077 and...
KARACHI: As exporters sought a 15-day extension, Commerce Minister Jam Kamal Khan said on Monday that the ban on onion exports was only for Ramazan...
KARACHI: As exporters sought a 15-day extension, Commerce Minister Jam Kamal Khan said on Monday that the ban on onion exports was only for Ramazan...
KARACHI: Gold rates hit an all-time high of Rs245,100 per tola (24K) on Saturday, breaking the previous record of Rs 242,700 on Sept 2 last year. A...
KARACHI: Huge wheat imports by the private sector have continued to bring down the prices of various flour varieties, but many retailers are not...
KARACHI: Despite the rupee’s impressive recovery against the dollar, which led to a declining trend in the landed cost of imported items, mainly...
KARACHI: In the aftermath of a significant crackdown on the jewellery sector in September aimed at curbing speculation and smuggling, the only benefit...
KARACHI: Auto financing continued its downward trajectory for the 20th consecutive month, dropping to Rs242.9 billion in February 2024 from Rs246bn at...
KARACHI: The cost of living has gone up significantly amid surging utility bills and transportation expenses as consumers witnessed a mixed trend in...
KARACHI: Sales of locally assembled cars, light commercial vehicles, vans and jeeps fell by eight per cent to 9,709 units in February from 10,536 in...
KARACHI: The year 2024 did not prove to be different from the previous years as retailers continue to defy official price lists, keeping the rates...
Amid consumers’ continuous struggle to survive under rising costs of living and unaffordable utility bills, essential goods makers must be upbeat...
KARACHI: As the government has finally imposed a ban on the export of onions and bananas till April 15, the price of capsicum on Saturday hit an...
KARACHI: Already grappling with steep utility bills, consumers are facing a fresh wave of inflation as the prices of vegetables and fruits have surged...
KARACHI: As the upcoming government will be seeking a fresh bailout amid growing economic challenges, the Pakistan Business Council (PBC) has called...
KARACHI: The anxiety among businessmen is yet to subside after the elections, as they believe that only a significant drop in power, gas, and interest...
Huge wheat imports of 1.98 million tonnes from September 2023 to January 2024, costing $573m, by the private sector, have provided a partial price...
KARACHI: In an already tough business environment, exporters and importers are facing another challenge due to increase in stevedoring and cargo...
KARACHI: Despite an 81 per cent surge in sales of cars, LCVs, pickups and vans, auto financing continued its sliding path as it fell for the 19th...
KARACHI: Consumers have not shown any enthusiasm to pre-book or lift vehicles on cash despite the Economic Coordination Committee of the Cabinet’s...
KARACHI: Several retailers have started charging Rs100 per kg extra on beef and mutton ahead of Ramazan thus exposing the lack of any official...
KARACHI: Industrial bodies are up in arms over the government’s recent decision to increase gas tariffs, warning that this move could lead to the...
KARACHI: The Economic Coordination Committee’s (ECC) decision to increase the general sales tax to 25 per cent on locally produced vehicles of...
KARACHI: The Economic Coordination Committee’s (ECC) decision to increase the general sales tax to 25 per cent on locally produced vehicles of...
KARACHI: Just two days before a meeting with caretaker Prime Minister Anwarul Haq Kakar on Thursday, manufacturers have further raised steel bar...
KARACHI: Prominent figures from the industrial sector have raised concerns over the economic challenges brought forth by the caretaker government’s...
KARACHI: Despite unprecedented interest rates, unbearable auto financing, higher prices and political and economic instability, the combined sales of...
• Regrets how burning issues like privatisation, tax reform ignored in most parties’ manifestos • Says one party’s govt preferable to...
KARACHI: The arrival of the Iranian onion has brought no relief rather it adds salt to the wounds of consumers as it is selling in the range of...
KARACHI: The resurgence of smuggled tyres in local markets has perturbed the industry, which attributes the issue to falling imports following the...
After a turbulent 2023, stakeholders are cautiously optimistic about the revival in auto sales after the February 8 elections and the smooth transfer...
After a turbulent 2023, stakeholders are cautiously optimistic about the revival in auto sales after the February 8 elections and the smooth transfer...
KARACHI: Local cement sales plunged 17.30 per cent to 2.967 million tonnes year-on-year during the first month of 2024 due to a winter-driven...
Like previous polls, slogans and manifestos of contesting political parties have emerged to bring about a revolution in people’s lives after their...
KARACHI: The amount of outstanding auto loans declined for the 18th consecutive month to Rs251 billion at the end of December 2023 from Rs257bn at the...
KARACHI: An increase last week in the minimum export price (MEP) of onion from $750 per tonne to $1,200 per tonne has failed to bring down prices in...
KARACHI: With the general elections just 24 days away, the sale of campaign-related items, such as panaflex, cloth banners, buntings, caps, and...
KARACHI: Amid thriving exports and rising domestic prices, the Ministry of Commerce has fixed the minimum export price (MEP) of onion at $1,200 per...
KARACHI: As the entire auto sector, barring tractors, faced a steep fall in sales ranging from 14 per cent to 56pc during the first half of 2023-24,...
KARACHI: Steel bar makers have increased the prices by Rs4,000 per tonne citing a bullish trend in iron and steel scrap on the world markets. Pakistan...
KARACHI: As Pakistani exporters continue cashing in on the situation that emerged after the Indian ban on onion exports, local consumers are taking...
KARACHI: Yamaha Motor Pakistan Ltd (YMPL) has increased the price of various models by Rs14,000. After the price jump, the new rates of Yamaha...
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