Car sales plunge 44% in December on import curbs
December 2022 sales of PAMA members decrease by 11%. Car sales plunge 44% in December on import curbs. Passenger car…
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OGRA drops gas bomb: Tariff hiked up to 74% from July 2022
Gas tariff increased on SNGPL, SSGC pleas filed in November 2022. OGRA drops gas bomb: Tariff hiked up to 74%…
Commercial banks refuse to issue letters of credit to edible oil importers
Edible oil importers, ghee manufacturers told their LoCs can’t be opened at interbank exchange rates. Commercial banks refuse to issue…
Trade deficit narrows to $17.13bn as imports dip
Import-export gap recorded at $25.44bn in FY22. Trade deficit narrows to $17.13bn as imports dip. Pakistan’s trade deficit shrinks 32.65%…
Saving energy: Markets to shut down by 8:30pm, wedding halls 10pm
We need to change our lifestyle; Defence Minister Khawaja Asif says in unveiling of final energy conservation plan. Saving energy:…
Saudi Aramco shares terms of investing in Pakistan’s greenfield refinery
Aramco says it will only invest in Pakistan if conditions are met. Saudi Aramco has shared its terms with the…
Elon Musk makes history by becoming first person to lose $200 billion from his net worth
Tesla CEO and Chief Twit Elon Musk has become the first person ever to lose $200 billion from his net…
Russia can send natural gas to Pakistani markets: Deputy PM Novak
Moscow ready to resume gas supplies to Europe through. Russia can send natural gas to Pakistani markets: Deputy PM Novak….
Pakistan’s textiles exports drop by 18.15% in November
Latest PBS data paints grim picture of exports. Pakistan’s textiles exports drop by 18.15% in November. Pakistan’s textiles exports dropped…
Govt signs deal to settle $11bn Reko Diq dispute
Pakistan met the deadline for signing the deal after the cabinet’s approval. Govt signs deal to settle $11bn Reko Diq…