Pakistan’s only aluminium can manufacturer is off to a flying start. Can they consolidate? 

The company has posted a profit of Rs 2.71 billion in 2022 — an increase of more than 72%. But what are the challenges they face as they look to charge ahead? 

The floodgates are open: Toyota, Hyundai, and Honda all reduce prices 

Reductions range from anywhere between Rs 1 lakh to Rs 13 lakh 
K-ELECTRIC

SIFC steps in to mediate K-Electric ownership kerfuffle 

The Minister for Energy (chair), Minister for Privatisation, and Minister for Law & Justice have been brought together to mediate and find a solution 

Road Prince doubles down on electric two wheelers 

The company will be selling the new vehicles separate to the Road Prince brand through their own dedicated showroom 

U Bank appoints new CEO as financial report delay lingers

Mohamed Essa Al Taheri replaces Kabeer Naqvi as the acting President and CEO of U Bank

Six months on, Suzuki’s still reeling from disastrous first quarter results 

Nine months into the year, the company is on its worst footing in the past five years despite this July to September’s performance being the best in recent memory 

Let there be crude; Pakistan, China ink petroleum sector agreement

The agreement is set to increase PRL’s refining capacity from 50,000 bpd to 100,000 bpd

Hot on KIA’s heels, MG is reducing prices too. Here’s what’s happening

MG has slashed the price of  the HS by Rs 6 lakh, and expects the industry to follow suit 

Rupee sees marginal decline after nearly a month of consistent appreciation

The rupee fell by 20 paise in the interbank market. Will it become a downtrend?

A bid from Prax, and interest from Aramco; what’s going on with Shell? 

Shell looks to be sold to a foreign buyer and, for all intents and purposes, it should

PM approves 140% executive allowance for FBR officers 

Allowance will only be given to a few officers of grade 17 and above

Rs14.5bn – Is Pakistan about to record its biggest ever corporate real estate sales?

The sale of Regent Plaza to SIUT would be the biggest real estate purchase in Pakistan but only in rupee terms. 

‘Official’ gold rates have finally been released again. What took so long?

The development follows weeks of uncertainty, a crackdown, and people’s reluctance to buy or sell the precious commodity amid rupee appreciation

Is petrochemical set to be Pakistan’s next industry to watch? 

Pakistan is on the precipice of its first ever petrochemical policy 

Sundays possible price reduction raise fears of inventory losses for OMCs 

With the fortnightly price update on the horizon, OMCs have resorted to giving discounts for petrol and diesel Â