Why did automotive CKD/SKD imports spike in December? Â
The automotive industry is at record lows, but car companies imported more CKD/SKD kits than normalÂ
As Bjarke leaves Daraz, more layoffs on the cards at Pakistan’s biggest eCommerce company
Up to 25% workforce at Daraz expected to be slashed, including people in senior management
Collapsing sales? No problem; Honda carries the torch nine months into market year
Honda’s gross and net profit margins rise despite collapse in sales revenueÂ
Cabinet rejects plan to hand DISCOs over to army-led committees, claiming they have enough going on
Cabinet states that DISCOs should focus on their primary responsibility rather than short-term fixes such as bringing in performance management units.
Tobacco industry sounds alarm as manufacturing drops by 40%
FBR’s track and trace system blamed for being unable to quash the sale of counterfeits
Pakistan’s rice exports surge by over 76.5% in first six months
Rice exports likely to make a record of over 3.5 billion dollars this yearÂ
PSO starts new year with a twin crisis of receivables and payablesÂ
PSO’s receivables rise to Rs 853 billion with payables coming in to the tune of Rs 142bnÂ
Shipping agents defend charges after KPT Chairman’s critique
Uniform charges cannot be implemented due to concerns about cartelisation: PSAA
Why are Pakistan’s furnace oil exports booming?Â
Halfway into the year, Pakistan’s 6MFY24 furnace oil exports outstrip all of fiscal year 2023’s numbers
Cheetay mulling shut down, Dastgyr, others look towards layoffs as startups go through another purge Â
Hurting macros, global dearth of risk capital lead to massive layoffs, closures in Pakistan’s startup scene.Â
As military tensions rise between Pakistan, Iran, both official and unofficial trade remains unaffected
Trading has continued across the border and so has smuggling. But could that change in the days to come?Â
Suzuki’s stock market drama takes new twist
With the introduction of a new minority shareholder with 10%, things are heating up over at Suzuki.Â
Banks continue process of establishing exchange companies
After Meezan Bank, Faysal Bank receives a certificate of incorporation from the SECP for its exchange subsidiary
Why is HUBCO doubling down on Thar Coal?Â
A shakeup in the shareholding of the Sindh Engro Coal Mining Company is on the cards as HUBCO looks to have a bigger piece of the pie
Petroleum Division rescues Sui Southern MD from dismissalÂ
Questions abound about Shamshad Akhtar’s role as Chairperson SSGC after Petroleum Division clips SSGC Boards’ wings to stop removal of MDÂ