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...

Habib Metro shows how (not) to compete against the big boys and win

Habib Metro is a boring, unexciting bank. It’s neither big nor small. Nobody uses its credit card. It won’t serve you if...

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

Proton officially enters Pakistani car market

ISLAMABAD: 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...

New deal signed with IPPs to cut cost of power generation: PM

PM says he will soon introduce a package that will tackle the issues of line losses & theft, and focus on improving the distribution system

Why ‘no profit’ still makes Zong happy

Faraz Ahmed, a resident of Anda Mor, North Karachi, wakes up at four every morning and sets off to his vendor’s home...

Sales Tax on cars jumps to 25%, automakers express alarm

The recent government's decision to raise the sales tax on cars from 18% to 25% for vehicles which have an engine capacity...

As Bangladesh’s textile industry falters, can Pakistan step up?

A serious labour crisis has sent shockwaves through one of the strongest textile industries in the world. The opportunity presents itself

Bookings for Kia Picanto from next week

After introducing two of its vehicles in the Pakistani market, Kia Lucky Motors is all set to launch Kia Picanto for its...

Relief for construction sector as prices of steel bars drop

ISLAMABAD: In a positive development for the construction industry, the prices of steel rebars have started declining in the local market after hitting...

Pakistan’s mobile internet users stand at 21 percent of the population: Report

LAHORE: Pakistan’s mobile internet users as a percentage of the population were recorded at 21 percent at end of January 2018, according...

Pakistan’s Best-Performing Banks

Pakistani banks have long been criticized for making risk-free money by investing into securities, backed by Government of Pakistan, which remains their...

Auto industry plunges into deep crisis

'An increase in advance customs duty on all raw materials and imposition of up to 7.5pc FED proving deadly for the...

Alibaba vs Tencent in Pakistan?

The battle between China’s internet giants is about to come to Pakistan, and transform the country’s tech industry… but who will it be good for?

The cluelessness of Standard Chartered’s Pakistan strategy

Stand outside the branch of Standard Chartered Bank Pakistan on Karachi’s historic McLeod Road, and it is difficult to escape a sense...