Pricing dispute causes shortage of critical medicine

Pharma companies stop, limit production of scores of essential and non-essential medicines as govt rejects demand for 38% hike in prices

Korean cars get dearer as PKR continues slide against the dollar 

Hyundai, KIA increase prices by as much as Rs 750,000 and Rs 500,000 

The IMF has nothing to do with delayed polls. But are we surprised at the trust deficit with the fund? 

The govt has severely jeopardized its credibility with the IMF and continued with business as usual

If not IMF, then what?

The ninth review of Pakistan’s International Monetary Fund (IMF) programme has become a bit of a running joke – even though, for...

No bailout before agreement on Pakistan’s new fuel pricing scheme: IMF

Petroleum ministry given six weeks to work out pricing plan by govt which says resulting assumed prices would be Rs250 for “poor”, Rs352 for “rich”

Toyota announces second plant shutdown for 2023

Company attributes observance of non-production days to failure in accessing LOCs

Pakistan begins observing most expensive Ramzan ever 

It is expected that inflation will remain around 28 to 30% in coming months   

Despite international pressure, Pakistan proceeds with the second phase of CPEC

With one risky decision after another, it seems like the govt is fighting a battle against default, but on the side of default! 

Govt again claims friendly countries will come through ‘in few days’

Minister for Planning and Development Ahsan Iqbal on Wednesday said that Pakistan is likely to get confirmation of economic assistance from friendly...

As confusion reigns over govt’s proposed fuel plan, market confidence dips 

Pakistan is treading on thin ice but really how thin can the ice become before cracking and taking the country down with it? 

Hinopak Motors, Ghandhara Tyre & Rubber announce plant shutdowns

Both companies set to be closed for last week of March with production recommencing in first week of April 

Suzuki records lowest annual earnings in seven years

Company’s final earnings for 2022 clocked in loss of Rs6.3b

Default watch: Is the government giving up?

The government may have just given up on a deal with the IMF. The least they can do now is be honest

Why the govt’s petrol cross-subsidisation scheme is a logistical nightmare

Govt to introduce dual petrol rates; Affluent customers set to be charged Rs 100 more whilst low-income groups to be given Rs 100 discount 

PM constitutes committee for transferring DISCOs to provinces

DISCOs and thermal power plants caused national kitty a loss of Rs 292 b during FY22 alone