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Wednesday, November 12, 2025

Dollar flight: plane with 245 suitcases full of dollars took off

The scarcity of dollars in Pakistan is causing a schism in the foreign-exchange market, with banks giving rates that differ from the interbank market.

Toyota IMC announces temporary shutdown!

Indus Motor Company Limited decided to temporarily shutdown its production plant from August 1, 2022 to August 13, 2022.

Pakistan Auto Parts Show ’22: An opportunity for local auto companies to prove themselves

At the Pakistan Auto Parts Show, IMC will display its Make in Pakistan and hybrid vehicles.

India vows protect its interests as Chinese vessel heads to Sri Lanka

A Sri Lankan consulting firm, the Belt & Road Initiative Sri Lanka, says on its website that Yuan Wang 5 would be in Hambantota for a week.

Another ‘negative’ for the country, after Moody’s and Fitch Ratings

S&P Global changed the country’s long-term ratings from stable to negative due to deteriorating external position.

“Khamosh Intazamiya, doobta Balochistan” trends on twitter as floods wreak havoc

Floods caused by Monsoon rains have unleashed disaster in Balochistan

Canada police arrest two men over murder of Khalistan movement member

Canadian police were criticized for their investigation of the attack

Pakistan to get a $1.2 billion IMF bailout: Moody’s and Fitch

Fitch Ratings both anticipate Pakistan to get a $1.2 billion bailout from the International Monetary Fund (IMF).

Dollar continues its flight towards PKR250

Did Supreme Court's decision on Punjab Assembly affect the dollar market rate?

Suzuki to halt production in August?

After Toyota Indus Motors halted the production and booking of cars, the Pakistan Suzuki Motors has also announced to shut its plants. The economy is in worst period.

Is Jazz going to take some tough decisions?

Jazz CEO Aamir Ibrahim expressed his concern about the country's economic prospects and its impact on Jazz's operations in an internal memo.

Tapping the untapped, Pakistan Navy organizing Maritime Expo (PIMEC)

Pakistan Navy will hold a "Pakistan International Maritime Expo and Conference" (PIMEC) in conjunction with the Pakistan Navy's AMAN series.