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KARACHI: The government is mulling over a proposal to amend the duties and taxes regime in the new auto policy in order to bring vehicles within the reach of the middle class. “Prime Minister Shehb...
KARACHI: The prices of tomatoes, onions, potatoes, and other vegetables have started creeping up ahead of the start of Ramazan, after hitting rare seasonal lows, thanks to a winter production glut, wh...
KARACHI: Exporters and analysts fear that the EU-India Free Trade Agreement (FTA) will pose serious challenges to Pakistan’s export base and hurt its textile exports. An office-bearer of a traders’ as...
KARACHI: While seeking a single-digit interest rate, businessmen have rejected the State Bank’s decision to maintain interest rates at 10.50 per cent, terming it disappointing and counterproductive at...
KARACHI: A whopping jump of $127 per ounce in the international market to $4,840 per ounce pushed the domestic gold (24 karat) rate to Rs506,362 per tola on Wednesday, the highest in the country’s his...
KARACHI: The Ministry of Commerce has amended the Import Policy Order 2022, imposing a ban on the import of used cars under the “personal baggage scheme.” The ministry on Wednesday issued an SRO 61(I)...
The decades-old Shershah Market, the hub of imported used items, especially auto parts and engines, continues to face a dearth of consumers despite a surge in imports of used cars up to three years ol...
• Vegetable price slump offsets costlier staples• Tomato glut eases prices, hurts growers• Flour, milk and meat rates climb KARACHI: Traders appear dissatisfied with the official inflation numbers, de...
• OICCI expects foreign interest once new management stabilises operations• Privatisation debate ignores what passengers actually need, says ex-PBC CEO KARACHI: Business stakeholders have offered posi...
KARACHI: The import of used cars in Pakistan is much higher than its regional peers and other countries. However, different countries have implemented various strategies to balance consumer demand, en...