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Aamir Shafaat Khan

Aamir Shafaat Khan

Dawn Business

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Industry insists SBP policy rate cut ‘inadequate’

KARACHI: Contrary to the cautious welcome by the multinational companies, the entire business community slammed the State Bank of Pakistan (SBP) for...

yesterday 10

Dawn Business

Aamir Shafaat Khan

Assemblers announce price ‘adjustments’

Assemblers announce price ‘adjustments’

KARACHI: Amid growing uncertainty over a war-like situation between Pakistan and India, auto assemblers on Wednesday surprised customers with price...

02.05.2025 10

Dawn Business

Aamir Shafaat Khan

Canal protests continue to hinder movement of goods

Canal protests continue to hinder movement of goods

• Transporters say thousands of trucks are now stranded; cargo being spoilt with each passing day • Ports anticipate crisis; manufacturers face...

29.04.2025 40

Dawn Business

Aamir Shafaat Khan

Strike partially disrupts industrial activities

Strike partially disrupts industrial activities

KARACHI: Industrial activities on Satur­day displayed a mixed response to the Jamaat-i-Islami’s strike call to protest the ongoing genocide in Gaza...

28.04.2025 10

Dawn Business

Aamir Shafaat Khan

Traders seek govt intervention as Sindh protests hit goods supply

• Oil companies warn of supply disruption as containers stuck at Sindh-Punjab border • KCCI president decries losses incurred by businesses...

24.04.2025 10

Dawn Business

Aamir Shafaat Khan

Speculation in gold trading resurfaces, causing daily disparity in domestic rates

It may sound weird that the price of gold is fixed daily based on domestic and international economic indicators despite the discontinuation of its...

22.04.2025 20

Dawn Business

Aamir Shafaat Khan

Transporters’ strike ends after four days; exporters claim heavy losses

• 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...

21.04.2025 20

Dawn Business

Aamir Shafaat Khan

Businesses seek PM’s intervention as logistics crisis deepens

• Claim ports are paralysed, thousands of containers stuck, perishables rotting away • Transporters seek grace period to implement new Sindh govt...

20.04.2025 10

Dawn Business

Aamir Shafaat Khan

Auto financing rises amid strong sales

KARACHI: The downward trajectory in the interest rate continued to lure buyers towards auto financing, which increased to Rs257.3 billion at the end...

18.04.2025 10

Dawn Business

Aamir Shafaat Khan

Homes on hold as steel prices rise

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...

15.04.2025 30

Dawn Business

Aamir Shafaat Khan

Gold hits new peak amid global tensions

KARACHI: Domestic gold prices surged to an all-time high on Friday, driven by soaring international rates amid intensifying trade tensions between the...

13.04.2025 20

Dawn Business

Aamir Shafaat Khan

Counter tariffs not an option for country: Pakistan Business Council

KARACHI: Multinational companies operating in Pakistan offer divergent views as some see a 29 per cent reciprocal tariff imposed by the United States...

06.04.2025 30

Dawn Business

Aamir Shafaat Khan

‘Cheaper electricity to revive economy’: business community

KARACHI: Businessmen have welcomed Prime Minister Shehbaz Sharif’s decision to reduce the power tariff, saying that it will “release financial...

05.04.2025 10

Dawn Business

Aamir Shafaat Khan

Despite ‘hefty’ fines, Karachi retailers thrive on booming Ramazan sale

KARACHI: The price checking brigade of Karachi Commissioner has collected around Rs45 million in fine imposed on 4,345 retailers till 27th of Ramazan...

03.04.2025 10

Dawn Business

Aamir Shafaat Khan

Auto industry gets uneasy with IMF’s economic liberalisation plan

KARACHI: Opening up the automotive sector under the International Monetary Fund’s (IMF) economic liberalisation plan for Pakistan has stoked fears...

31.03.2025 50

Dawn Business

Aamir Shafaat Khan

Gold scales yet another peak of Rs321,000/tola

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...

29.03.2025 10

Dawn Business

Aamir Shafaat Khan

Pakistan Business Council opposes hasty reduction in customs duty

KARACHI: The Pakistan Business Council (PBC) has urged the government not to make hasty decisions on reducing customs duties without comprehensively...

27.03.2025 20

Dawn Business

Aamir Shafaat Khan

Fish harbour to get facelift before EU audit next month

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...

24.03.2025 20

Dawn Business

Aamir Shafaat Khan

Dar’s warning fails as sugar sells at Rs180 per kg

KARACHI: Consumers continued to pay high prices for sugar despite Deputy Prime Minister Ishaq Dar’s firm announcement a few days back that the...

23.03.2025 10

Dawn Business

Aamir Shafaat Khan

Pakistan ratifies fisheries agreement

KARACHI: The World Trade Organisation (WTO) has said that Pakistan has formally accepted the Agreement on Fisheries Subsidies. Pakistan’s Ambassador...

22.03.2025 20

Dawn Business

Aamir Shafaat Khan

Auto financing improves further on rate cuts, arrival of new variants

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...

19.03.2025 20

Dawn Business

Aamir Shafaat Khan

Suzuki pulls the plug on WagonR, Ravi

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...

17.03.2025 20

Dawn Business

Aamir Shafaat Khan

Gold hits record Rs314,000 per tola

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...

16.03.2025 10

Dawn Business

Aamir Shafaat Khan

Sugar surges to Rs180 as retailers make a killing

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...

14.03.2025 10

Dawn Business

Aamir Shafaat Khan

Auto sales surge 50pc in July-February

KARACHI: Auto sales — cars, pickups, vans and light commercial vehicles — clocked in at 12,084 units in February, reflecting a 24 per cent...

13.03.2025 10

Dawn Business

Aamir Shafaat Khan

Interest rate status quo displeases businesses

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...

12.03.2025 30

Dawn Business

Aamir Shafaat Khan

‘Cut or no cut’: businesses not on same page over policy rate

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...

07.03.2025 40

Dawn Business

Aamir Shafaat Khan

Sugar price surges to Rs170 per kg

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...

07.03.2025 10

Dawn Business

Aamir Shafaat Khan

Higher food prices spoil consumers’ appetite in Karachi

KARACHI: Despite tall claims by the price regulator to deal with overcharging retailers with an iron fist, consumers faced the same challenging...

04.03.2025 30

Dawn Business

Aamir Shafaat Khan

Wholesale sugar price continues to increase

KARACHI: As the federal government and millers plan to provide sugar at Rs130 per kg nationwide, the wholesale price of the sweetener continues to...

28.02.2025 10

Dawn Business

Aamir Shafaat Khan

Mixed trend in essential items’ prices before Ramazan

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...

24.02.2025 30

Dawn Business

Aamir Shafaat Khan

Gold scales new peak of Rs308,000 per tola

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,...

21.02.2025 20

Dawn Business

Aamir Shafaat Khan

Cut in interest rate jacks up auto financing

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...

20.02.2025 30

Dawn Business

Aamir Shafaat Khan

Retailers make profit despite drop in wholesale rates

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...

17.02.2025 40

Dawn Business

Aamir Shafaat Khan

Tomato prices crash ahead of Ramazan

KARACHI: Just two weeks ahead of Ramazan, tomato prices have crashed due to a bumper crop leading to an oversupply, offering relief to consumers...

16.02.2025 30

Dawn Business

Aamir Shafaat Khan

Relief on hold for the auto sector

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...

11.02.2025 20

Dawn Business

Aamir Shafaat Khan

Gold sets new record as per tola rate goes above Rs300,000

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...

09.02.2025 20

Dawn Business

Aamir Shafaat Khan

Gold scales new peak, nears Rs300,000 per tola

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...

07.02.2025 10

Dawn Business

Aamir Shafaat Khan

The case for local production

As the local bus assemblers have already been struggling hard to revive their sales amid ongoing imports of new buses, the Sindh government has...

04.02.2025 20

Dawn Business

Aamir Shafaat Khan

Gold loses shine for buyers as prices continue to rise

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...

03.02.2025 40

Dawn Business

Aamir Shafaat Khan

Industry says single-digit rate will revive economy

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...

29.01.2025 40

Dawn Business

Aamir Shafaat Khan

Import of vehicles, parts for local assembly rises

KARACHI: The overall import bills for vehicles and their spare parts have surged simultaneously of late. The stakeholders are, however, divided on the...

27.01.2025 30

Dawn Business

Aamir Shafaat Khan

Industry leaders seek major cut in interest rate

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...

26.01.2025 20

Dawn Business

Aamir Shafaat Khan

Govt vows consistency to transform economy

KARACHI: Planning and Development Minister Ahsan Iqbal has assured the foreign investors of consistency in the policies to make Uraan Pakistan...

25.01.2025 40

Dawn Business

Aamir Shafaat Khan

Auto financing turns positive with uptick in December

KARACHI: The auto financing slightly rose to Rs235.454 billion in December 2024 from Rs234.6bn in the preceding month. Auto financing turned negative...

20.01.2025 20

Dawn Business

Aamir Shafaat Khan

Auto sales surge 54pc in July-December

KARACHI: Despite the absence of sales numbers by Saazgar Engineering Works Ltd, the entire auto sector, barring the tractor segment, showed robust...

16.01.2025 30

Dawn Business

Aamir Shafaat Khan

Barriers impeding regional export: Ishaq Dar

KARACHI: Deputy Prime Minister and Foreign Minister Ishaq Dar has said that trade barriers are significant impediments to regional growth, as South...

12.01.2025 30

Dawn Business

Aamir Shafaat Khan

FPCCI plans Bangladesh trip to boost trade

KARACHI: With bilateral trade below $1 billion, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is leading an exporters’...

09.01.2025 20

Dawn Business

Aamir Shafaat Khan

Demand for costly dried fruit, nuts surges

KARACHI: While already struggling under high food inflation and utility bills, consumers face another challenging experience of paying exorbitant...

06.01.2025 10

Dawn Business

Aamir Shafaat Khan

Businesses see Uraan’s execution a real test

KARACHI: Businessmen from all strata have welcomed the Uraan Pakistan initiative as a roadmap for reform and transformation, but cautioned that...

04.01.2025 6

Dawn Business

Aamir Shafaat Khan