Petrol prices up by Rs4.26, Diesel by Rs6.55

Accordingly, after the hike, petrol would be sold at Rs91.96 per litre, HSD at Rs105.31, SKO at Rs84.34 and LDO at 74.99. These prices would be effective from June 12 till June 30, 2018.

What does Café Zouk know that others in Lahore’s tough restaurant market don’t?

How one of the oldest surviving restaurants in Lahore has been able to retain its competitive advantage over the last 24 years

Vintage cars exempt from import tax, to be taxed at $5,000 flat

Under the proposed rules taxation will not vary according to the engine capacity of the car but will be imported at a fixed rate of $5,000 per unit.

Prince to launch new 800cc car

The car is expected to be priced around Rs0.7 to Rs0.75 million Regal Automobiles Industries Limited is ready to shake the local...

Pak Suzuki to retire Mehran VX from November

ak Suzuki has in a notification to its dealers nationwide announced that it will be discontinuing Mehran VX Model SB-308 (without air-conditioner) from November this year

Kia Lucky Motors targeting commercial production by 1st quarter FY19-20

KLM has opened company owned /third-party operated dealerships in some of the metro cities of Pakistan

Jazz failed to build Veon into the WeChat of Pakistan. That’s why it will succeed

CEO Aamir Ibrahim’s willingness to abandon his failures and invest in his successes suggests a strong path forward for the company

Cargill commits to invest over $200mn in Pakistan

Cargill aims to partner on Pakistan's growth by bringing its global expertise and investment into the country PM says Pakistan is...

Another bailout package with IMF on the cards

ISLAMABAD: Although the government of Pakistan Muslim League Nawaz (PML-N) avoided another loan from the International Monetary fund (IMF) by the end of...

While PSX has a horrible year, one company more than doubled its share price

Avanceon Ltd’s CEO Bakhtiar Wain gears up for even faster expansion as cash flows in

$1bn Chinese investment in social sector expected to be announced

ISLAMABAD: A team of Chinese experts is scheduled to visit Pakistan this week which is expected to announce and investment of over $1...

Launch of KIA Rio 2018 could threaten car industry’s ‘big three’

LAHORE: The KIA Rio 2018 has reportedly been displayed at the showroom of KIA lucky motors Pakistan, causing speculation in car enthusiasts...

Pakistan recorded non-resident equity flows of +$14 million in January: IIF

January exhibited a rebound in net non-resident portfolio flows to emerging markets and IIF estimates that EM securities attracted $51.1 billion of foreign capital in January, the highest level in twelve months

Steel sector raises prices to balance rupee devaluation

LAHORE: The steel sector of Pakistan has responded to the rupee devaluation by raising prices, especially of Cold Rolled Coil (CRC) and...

Pakistan, UAE to reach agreement on $3 billion support package today

Earlier this month, UAE’s crown prince Sheikh Mohammed bin Zayed Al Nahyan paid a flying visit to Islamabad and affirmed a $3 billion bailout package announced last month