Toyota Indus sold 11,000 fewer cars than it did last year. They still managed to increase profits.Â
Indus Motors sold just over 20,000 cars last year. The year before that they sold more than 31,000. Despite the dip in sales, higher margins mean their profits l increased.Â
Are CPEC IPPs about to shift from imported to Thar Coal?Â
Power Minister forms committee to convert power producers using imported coal to local Thar Coal
Traders’ strike disrupts major cities including capital; widespread closure of businesses
Rumours of negotiations with government on Tajir dost scheme refuted by traders
PIA reports Rs75bn loss in 2023 as privatisation process advances. Why would anyone want to acquire it?
Total liabilities of the national carrier have ballooned to Rs825 billion, but as part of the privatisation process, these liabilities will be shiftedÂ
US Soy farmers look to Pakistan as another potential market in South AsiaÂ
Buyers from Pakistan interacted with US Soybean farmers during a recent conference organised by the USSEC.Â
Pakistan’s leading fintech PostEx set for Saudi expansion with $7.3mn raiseÂ
Omer Khan, founder and CEO of PostEx, is highly optimistic about the company's potential to expand its eCommerce financing and logistics solutions...
How much will the disruption to Pakistani Fiverr accounts cost?Â
Fiverr has announced that it will temporarily set the accounts of Pakistani freelancers to "Out-of-office" mode due to severe and ongoing internet...
Govt gives record single month tax refunds to businessmen. But should it have?
Citizens who pay above their tax liability become eligible for tax refunds. Find out why they pay more and how they receive it back.
APTMA urges further rate cuts as Pakistan’s real interest rate reaches regional peak
ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has urgently called for additional interest rate reductions to alleviate borrowing costs and stimulate...
In the wake of $5 billion investment, the govt has introduced a new petroleum exploration policy. What does it do?Â
ISLAMABAD: A controversial document prepared by the Petroleum Division has created a stir regarding the future of international investment into Exploration and...
Govt initiates phased privatisation of 13 power sector entities
ISLAMABAD: The federal government has approved the privatisation of 13 power sector entities, including nine power distribution companies (DISCOs) and four power...
Auto industry suggests trade agreements for exports
ISLAMABAD: Major automotive industry players in Pakistan have announced plans to start exporting locally assembled and manufactured vehicles. Industry sources claim that...
Engineers’ license trade and PEC irregularities exposedÂ
LAHORE: In a press conference held at the Lahore Press Club, Engineer Zahoor Sarwar, a member of the Governing Body of the...
CCP greenlights major steel industry merger involving EP Corporate Group and Thyssenkrupp
ISLAMABAD: The Competition Commission of Pakistan (CCP) has sanctioned a major merger in the steel sector with international ramifications. The deal involves...
Hascol faces Rs1.74 billion loss in first quarter of 2024
KARACHI: Hascol Petroleum Limited reported a loss of Rs1.74 billion for the first quarter of 2024 (January-March), a notable improvement compared to...