Pak Suzuki Motor announces another plant shutdown till Sep 23
Pak Suzuki Motor Company Limited has extended its plant shutdown due to a shortage of raw materials following the import ban by the central bank.
Oil prices fell more than $1 to their lowest
Oil prices fell more than $1 on Wednesday to their lowest since before Russia invaded Ukraine as COVID-19 curbs in top crude importer China and expectations of more interest rate hikes spurred worries of a global economic recession and lower fuel demand.
Dealing with the cotton needs of Pakistan’s textile industry
APTMA and the ICA have agreed to strengthen their collaboration on the cotton needs of Pakistan's textile industry.
Pakistan is not only drowning in floods!
Either flash floods or flash debts, Pakistan is drowning. According to Arif Habib Limited, government debt soared to Rs.50.5trn as of July 22.
Hopes from Qatar going in vain
Political instability, inconsistent policies, as well as government changes, make Qataris uneasy about working entirely with the government.
Has the economy been thrown away?
Since the new government took charge in April, deposits in Roshan Digital Accounts (RDAs) from overseas Pakistanis are at a declining trend.
KIA Picanto is back with its signature style
KIA motors have re-stocked the KIA Picanto with its signature style and unbeatable comfort.
Where are the dollars going?
Alarming is the difference between open market and interbank exchange rate of Rupee against the US dollar today that is around Rs. 13.
Oil prices slide as Opec+ deal seen as “symbolic”
Oil prices inched lower on Tuesday, as an Opec+ deal to cut output by 100,000 barrels per day in October was seen as a largely symbolic move.
Credit positive for Pakistan: Moody’s
The International Monetary Fund's (IMF) recent acceptance of a $1.1 billion loan disbursement and programme revival has been described as a "credit positive" for...
Miftah’s expectations contradict his estimations
Finance Minister Miftah Ismail expects the economy to grow by more than 3.5 percent this fiscal year, down from a 5 percent initial projection,...
Flood-related economic losses escalate from $10bn to $12.5 bn
Pakistan is confronting massive devastations caused by monsoon flooding that has left over 33 million people in desperation and taken the lives of over...