Yutong Grand Saloon buses introduced in Pakistan
KARACHI: Master Motors Corp Ltd. (MMCL) in collaboration with Yutong, the largest manufacturer of buses in the world, has launched new 8.5m...
The rupee is falling. Let it crash
Why letting the currency exchange rate fall may help fix some (but not all) of the structural flaws in the economy
Rupee regains Rs1.87 against greenback in inter-bank trading
But the bank officials firmly believed that SBP had intervened in the inter-bank market and the rupee’s recovery against the dollar was artificial and short-lived
IMC decides to launch Toyota Vios in Pakistan, Corolla GLi to be discontinued
KARACHI: Indus Motor Company Ltd (IMC) has finally decided to launch Toyota Vios in Pakistan after discontinuing the Toyota Corolla GLi, a...
Rs5 to 10 per litre cut in petrol price likely
The government has decided to slash petrol price upto Rs5 to Rs10 per litre to provide relief to the people, a private...
FBR officials may challenge Shabbar Zaidi’s appointment as chairman
ISLAMABAD:Â The appointment of "a tax expert" as the new chairman of Federal Board of Revenue (FBR) has irked the tax officials, who...
Kekra-1: Exxon Mobil all set to pack up and leave
Pakistan was hopeful of finding large oil and gas reserves in its territorial waters in the Arabian Sea
Hours after Prime Minister...
PM Imran says no to dollar at SCO
PM urges SCO to finalise arrangements for trade in local currencies, set up SCO bankÂ
Says Organisation needs to advance goals...
FBR notifies removal of additional customs duty on 174 tariff lines
The Federal Board of Revenue (FBR) has withdrawn additional customs duty on import of raw materials of around 174 tariff lines.
The FBR...
Rupee regains Rs1.42 interbank, nabs dollar hike
The local currency strengthens on the back of higher inflow of remittance due to Ramadan and the approaching festival of Eid
Petrol, diesel prices slashed by Rs2 for April 2018
ISLAMABAD: The government on Saturday announced a reduction in prices of petrol and diesel by Rs2.07 and Rs2.00 per litre, respectively, for...
Proton officially enters Pakistani car market
ISLAMABAD:Â The joint venture between Malaysia's Proton and Pakistan's Al-Haj Group has been the centrepiece among a series of agreements signed between Pakistan...
Currency in circulation has declined sharply in 2023’s third quarter. What’s behind the unusual drop?
Currency in circulation decreased by 9% QoQ, which according to JS Global Capital is a pace not witnessed in many decades
Eight-year-old interview comes back to bite new FBR chief
Shabbar Zaidi has been officially confirmed as the new chairman of the Federal Board of Revenue (FBR) on an "honorary and pro...
Relief for construction sector as prices of steel bars drop
ISLAMABAD:Â In a positive development for the construction industry, the prices of steel rebars have started declining in the local market after hitting...